2750 Artesia Blvd UNIT 364Redondo BeachCA90278
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2750 Artesia Blvd UNIT 364, Redondo Beach, CA, 90278 in Redondo Beach earns a 8.1% gross yield at $499,500. Rent of $3,370/mo nets $280/mo after the $2,246/mo mortgage. The 1.50 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $138,003 and $4,600/yr in equity accumulation project a total cumulative return of $207,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.5% |
| Monthly Cash Flow | $280 | $300 |
City averages based on Redondo Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,370 |
| Total Monthly Debt Service | $2,891 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
0.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2007
0.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sydney Shand • Nourmand & Associates-BH
Mls Name: CLAW
Mls ID: #25593385