310 Tahiti Way APT 302, Los angeles, CA, 90292 | 6.85% Rental Yield

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310 Tahiti Way APT 302, Los angeles, CA, 90292 | 6.85% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Los angeles at 310 Tahiti Way APT 302, Los angeles, CA, 90292 offers a 6.85% rental yield on a $1,199,000 purchase with $6,848/mo rent. 61% in year one. Equity gained on principal adds $7,737/yr while 5% annual appreciation supports $331,262 over five years. Portfolio math shows five-year ROI at 95.78% and total cumulative return in cash at $372,093. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,848/mo property income against a $5,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1979

4.47 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning Top-Floor Marina View Condo with Bonus Office/Playroom. Perched on the top floor in one of Marina del Rey's most coveted locations, this beautifully updated, East-facing single-level unit offers sweeping views of the marina and boats. With 2 bedrooms, 2 bathrooms, and a rare bonus space perfect for an office or playroom, this home stands out on the exclusive Silver Strand, blocks from the beach. The spacious living room features soaring ceilings, white oak floors, custom-built-in, and a gas fireplace. French doors lead to an enclosed private patio/deck, and you enjoy picturesque views of the water and sailboats. The updated kitchen features quartz countertops, stainless steel appliances, and ample storage space. The primary suite includes a spa-like en-suite bath and direct balcony access, while the second bedroom offers flexibility for guests or additional workspace. Additional highlights include in-unit laundry with generous storage, two tandem parking spaces, and a private storage unit on the garage level. The secure, resort-style complex offers two pools, two spas, four tennis courts, a gym, and a community room. HOA dues cover cable (including HBO and Showtime), high-speed internet, VOIP phone service, water, trash, and earthquake insurance. Enjoy the serenity of marina living with the convenience of nearby Venice Pier and vibrant shops and restaurants along Washington Square. This is coastal California living at its finest, peaceful, elegant, and just moments from the sand.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90292, Marina Del Rey, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,973 (100%)
Owner Occupied HU	4,477 (23.6%)
Renter Occupied HU	12,177 (64.2%)
Vacant Housing Units	2,319 (12.2%)
Median Home Value	$1,412,028
Average Home Value	$1,480,939