420 S San Pedro St APT 605Los AngelesCA90013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 420 S San Pedro St APT 605, Los Angeles, CA, 90013 uses $127,628 cash to close to unlock $2,588/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $2,597/mo, and a $1,884/mo payment keeps the spread at $216/mo. Purchase price stands at $385,000, and rental yield measures 8.09% with $2,597/mo rent. Return on cash invested shows 21.94% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 113.71% and total cumulative return in cash records $145,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,597/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in 1922
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90013, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,806 (100%) |
| Owner Occupied HU | 1,033 (10.5%) |
| Renter Occupied HU | 7,125 (72.7%) |
| Vacant Housing Units | 1,648 (16.8%) |
| Median Home Value | $999,576 |
| Average Home Value | $1,071,063 |
Housing Distribution
Address Breakdown
Residential
8,563
Single Family
2,274
Multi-Family
6,289
Businesses
2,916
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grant Linscott • Keller Williams Realty Los Feliz
Mls Name: CLAW
Mls ID: #25603919