2304 Hillcrest DrLos AngelesCA90016
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Los Angeles at 2304 Hillcrest Dr, Los Angeles, CA, 90016 offers a 4.37% rental yield on a $989,000 purchase with $3,604/mo rent. 79% in year one. Equity gained on principal adds $6,382/yr while 5% annual appreciation supports $273,242 over five years. Portfolio math shows five-year ROI at 53.89% and total cumulative return in cash at $175,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,604/mo property income against a $4,841/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
7,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90016, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,970 (100%) |
| Owner Occupied HU | 6,190 (32.6%) |
| Renter Occupied HU | 11,675 (61.5%) |
| Vacant Housing Units | 1,105 ( 5.8%) |
| Median Home Value | $963,891 |
| Average Home Value | $1,067,045 |
Housing Distribution
Address Breakdown
Residential
18,801
Single Family
12,534
Multi-Family
6,267
Businesses
1,270
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Listed by: Bryant Alvarado • REAL BROKERAGE TECHNOLOGIES
Mls Name: CRMLS
Mls ID: #CV25134139