356 W Redondo Beach Blvd SPACE 25GardenaCA90248
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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 Gardena at 356 W Redondo Beach Blvd SPACE 25, Gardena, CA, 90248 offers a 9% rental yield on a $120,000 purchase with $900/mo rent. Total monthly income registers $900/mo, and a $587/mo payment leaves $158/mo available for distribution. Annual cash flow reaches $1,896/yr on $39,780 to close, and return on cash invested stands at 24.68% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 128.37% and total cumulative return in cash at $51,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90248, Gardena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,821 (100%) |
| Owner Occupied HU | 2,373 (62.1%) |
| Renter Occupied HU | 1,320 (34.5%) |
| Vacant Housing Units | 128 ( 3.3%) |
| Median Home Value | $705,051 |
| Average Home Value | $718,971 |
Housing Distribution
Address Breakdown
Residential
3,792
Single Family
2,901
Multi-Family
891
Businesses
2,227
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Listed by: Terry Avendano • Elite Homes Realty
Mls Name: CRMLS
Mls ID: #DW25266205