23701 S Western Ave SPACE 121TorranceCA90501
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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 Torrance at 23701 S Western Ave SPACE 121, Torrance, CA, 90501 uses $51,383 cash to close to unlock $3,261/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,231/mo, and a $759/mo payment keeps the spread at $272/mo. Purchase price stands at $155,000, and rental yield measures 9.53% with $1,231/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 136.91% and total cumulative return in cash records $70,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,231/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90501, Torrance, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,908 (100%) |
| Owner Occupied HU | 6,483 (40.8%) |
| Renter Occupied HU | 8,827 (55.5%) |
| Vacant Housing Units | 598 ( 3.8%) |
| Median Home Value | $922,061 |
| Average Home Value | $992,056 |
Housing Distribution
Address Breakdown
Residential
15,822
Single Family
10,464
Multi-Family
5,358
Businesses
2,302
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Listed by: Leo Gutierrez-Torres • Pellego, Inc.
Mls Name: CRMLS
Mls ID: #OC26006381