2740 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 2740 Wabash Ave, Los Angeles, CA, 90033 offers a 5.25% rental yield on a $1,100,000 purchase with $4,810/mo rent. 65% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,910 over five years. Portfolio math shows five-year ROI at 69.2% and total cumulative return in cash at $246,643. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,810/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
5,919 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: Victoria Cogswell • Vinco Vinco Realty Group
Mls Name: CRMLS
Mls ID: #DW25222764