2440 Wabash AveLos AngelesCA90033
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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 2440 Wabash Ave, Los Angeles, CA, 90033 listed at $900,000 pairs $5,717/mo rent with a $4,405/mo payment to leave $150/mo cash flow. Total monthly income runs $5,717/mo, and annual cash flow reaches $1,794/yr on $296,100 cash to close. Return on cash invested measures 20.67% in year one, and rental yield registers 7.62% at a $900,000 basis. Equity gained on principal adds $5,808/yr, and annual property appreciation at 5% supports $248,653 by year five. Five-year ROI tracks 106.87% and total cumulative return in cash totals $316,428. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,717/mo property income relative to a $4,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1923
8,067 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90033, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,884 (100%) |
| Owner Occupied HU | 2,284 (16.5%) |
| Renter Occupied HU | 10,928 (78.7%) |
| Vacant Housing Units | 672 ( 4.8%) |
| Median Home Value | $739,570 |
| Average Home Value | $772,067 |
Housing Distribution
Address Breakdown
Residential
13,145
Single Family
8,992
Multi-Family
4,153
Businesses
1,163
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Listed by: Tony Azzi • Tony Azzi
Mls Name: CLAW
Mls ID: #25628211