342 W 56th St, Los Angeles, CA, 90037 | $255/mo Cash Flow

For Sale

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 342 W 56th St, Los Angeles, CA, 90037 earns $255/mo cash flow from $5,816/mo rent with a $4,400/mo payment. Total monthly income totals $5,816/mo, and annual cash flow totals $3,057/yr on $295,771 capital. ROI tracks 21.09% on current figures, and rental yield reads 7.76% at a $899,000 purchase. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 over five years. Five-year ROI reaches 109.15% and total cumulative return in cash sums $322,846. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,816/mo property income instead of your personal income.

Single Family

Built in 2000

4,788 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to an exceptional investment opportunity in the heart of Los Angeles! This well-maintained duplex is ideally situated just minutes from some of the citys most iconic destinations, the LA Coliseum, BMO Stadium, Exposition Park, USC, the California Science Center, and the highly anticipated Lucas Museum of Narrative Art. With close proximity to major highways and public transportation, convenience is truly at your doorstep. This versatile property offers three spacious units: Bottom Unit: 4 bedrooms, 2 bathrooms, and generous living space Two Upper Units: Each features 2 bedrooms and 1 bathroom, with private stairway access for added privacy and comfort Whether you're seeking a reliable income property or a place to call home, this duplex delivers a rare blend of comfortable living and strong investment potential. Additional highlights include a dedicated parking space along the side of the house, plus ample street parking for guests. With its prime location, accessibility, and flexible layout, this property offers the best of both worlds for investors and owner-occupants alike. Dont miss this remarkable opportunity to own a piece of Los Angeles real estate!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90037, Los Angeles, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,643 (100%)
Owner Occupied HU	4,171 (23.6%)
Renter Occupied HU	12,641 (71.6%)
Vacant Housing Units	831 ( 4.7%)
Median Home Value	$683,518
Average Home Value	$770,661