2750 Artesia Blvd UNIT 341Redondo BeachCA90278
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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 Redondo Beach at 2750 Artesia Blvd UNIT 341, Redondo Beach, CA, 90278 generates $3,810/mo in rent, after a $3,130/mo payment. Total monthly income is $3,810/mo. Return on cash invested sits at 19.23% in year one, and rental yield is 7.15% on a $639,500 entry. Equity gained on principal adds $4,127/yr, while 5% annual appreciation builds toward $176,682 over five years. Five-year ROI reaches 99.14% and total cumulative return in cash sums $208,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,810/mo property income rather than buyer’s personal income.
Condo
Built in 2007
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90278, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,981 (100%) |
| Owner Occupied HU | 9,444 (55.6%) |
| Renter Occupied HU | 6,957 (41.0%) |
| Vacant Housing Units | 580 ( 3.4%) |
| Median Home Value | $1,224,834 |
| Average Home Value | $1,265,967 |
Housing Distribution
Address Breakdown
Residential
16,782
Single Family
10,482
Multi-Family
6,300
Businesses
999
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Listed by: Joshua Valentine • eXp Realty of Greater Los Angeles, Inc.
Mls Name: CRMLS
Mls ID: #SB25148287