2346 E 118th StLos AngelesCA90059
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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
Rental property for sale in Los Angeles at 2346 E 118th St, Los Angeles, CA, 90059 generates $3,433/mo in rent, after a $4,405/mo payment. Total monthly income is $3,433/mo. Return on cash invested sits at 11.41% in year one, and rental yield is 4.58% on a $899,999 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 57.23% and total cumulative return in cash sums $169,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,433/mo property income rather than buyer’s personal income.
Multi Family
Built in 1949
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90059, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,293 (100%) |
| Owner Occupied HU | 4,787 (42.4%) |
| Renter Occupied HU | 6,165 (54.6%) |
| Vacant Housing Units | 341 ( 3.0%) |
| Median Home Value | $606,528 |
| Average Home Value | $681,341 |
Housing Distribution
Address Breakdown
Residential
10,288
Single Family
9,532
Multi-Family
756
Businesses
492
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Listed by: Alfredo Pineda • Keller Williams Beverly Hills
Mls Name: CLAW
Mls Provider:
Mls ID: #25518073
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-03-30 14:20:12 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.