2966-2966 E 2nd StLos 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 2966-2966 E 2nd St, Los Angeles, CA, 90033 offers a 4.25% rental yield on a $660,300 purchase with $2,340/mo rent. 42% in year one. Equity gained on principal adds $4,261/yr while 5% annual appreciation supports $182,429 over five years. Portfolio math shows five-year ROI at 51.94% and total cumulative return in cash at $112,843. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $3,232/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1914
5,250 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: Rose Linda Gonzales • Engel & Voelkers La Canada
Mls Name: CRMLS
Mls ID: #P1-23919