2928 Budlong AveLos AngelesCA90007
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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 2928 Budlong Ave, Los Angeles, CA, 90007 listed at $1,660,000 pairs $4,841/mo rent with a $8,125/mo payment. Total monthly income runs $4,841/mo. Return on cash invested measures 8.26% in year one, and rental yield registers 3.5% at a $1,660,000 basis. Equity gained on principal adds $10,712/yr, and annual property appreciation at 5% supports $458,627 by year five. Five-year ROI tracks 40.26% and total cumulative return in cash totals $216,541. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,841/mo property income relative to a $8,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1930
10,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90007, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,820 (100%) |
| Owner Occupied HU | 1,382 ( 8.7%) |
| Renter Occupied HU | 12,719 (80.4%) |
| Vacant Housing Units | 1,719 (10.9%) |
| Median Home Value | $885,961 |
| Average Home Value | $934,153 |
Housing Distribution
Address Breakdown
Residential
14,793
Single Family
6,083
Multi-Family
8,710
Businesses
1,440
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Listed by: ENRIQUE CASTELLANOS • FRIENDLY HILLS REALTY
Mls Name: CRMLS
Mls ID: #WS25199679