3028 E 1st StLos AngelesCA90063
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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 3028 E 1st St, Los Angeles, CA, 90063 offers a 5.99% rental yield on a $830,000 purchase with $4,141/mo rent. 7% in year one. Equity gained on principal adds $5,356/yr while 5% annual appreciation supports $229,314 over five years. Portfolio math shows five-year ROI at 80.21% and total cumulative return in cash at $219,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,141/mo property income against a $4,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1924
2,505 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90063, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,260 (100%) |
| Owner Occupied HU | 5,291 (37.1%) |
| Renter Occupied HU | 8,395 (58.9%) |
| Vacant Housing Units | 574 ( 4.0%) |
| Median Home Value | $684,725 |
| Average Home Value | $755,662 |
Housing Distribution
Address Breakdown
Residential
13,249
Single Family
10,368
Multi-Family
2,881
Businesses
826
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Listed by: Lorena Arreola • SoCal 5 Real Estate
Mls Name: CRMLS
Mls ID: #DW25154623