2750 Artesia Blvd UNIT 364Redondo 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 364, Redondo Beach, CA, 90278 generates $3,370/mo in rent and, after a $2,445/mo payment, leaves $280/mo in cash flow. Total monthly income is $3,370/mo, and annual cash flow is $3,358/yr on $165,584 invested. Return on cash invested sits at 21.94% in year one, and rental yield is 8.1% on a $499,500 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation builds toward $138,003 over five years. Five-year ROI reaches 113.7% and total cumulative return in cash sums $188,275. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,370/mo property income rather than buyer’s personal income.
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
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Listed by: Sydney Shand • Nourmand & Associates-BH
Mls Name: CLAW
Mls ID: #25593385