308 1/2 S Commonwealth AveLos AngelesCA90020
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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 308 1/2 S Commonwealth Ave, Los Angeles, CA, 90020 listed at $1,100,000 pairs $4,627/mo rent with a $5,384/mo payment. Total monthly income runs $4,627/mo. Return on cash invested measures 13.04% in year one, and rental yield registers 5.05% at a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and annual property appreciation at 5% supports $303,910 by year five. Five-year ROI tracks 65.9% and total cumulative return in cash totals $234,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,627/mo property income relative to a $5,384/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
8,761 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90020, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 1,572 ( 8.3%) |
| Renter Occupied HU | 16,046 (84.4%) |
| Vacant Housing Units | 1,393 ( 7.3%) |
| Median Home Value | $962,466 |
| Average Home Value | $1,227,752 |
Housing Distribution
Address Breakdown
Residential
18,782
Single Family
1,625
Multi-Family
17,157
Businesses
1,441
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Listed by: Anthony Cannella • NextHome Grandview
Mls Name: CRMLS
Mls ID: #GD25217668