460 S Spring St APT 1015Los AngelesCA90013
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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 460 S Spring St APT 1015, Los Angeles, CA, 90013 listed at $568,000 pairs $3,186/mo rent with a $2,780/mo payment. Total monthly income runs $3,186/mo. Return on cash invested measures 17.96% in year one, and rental yield registers 6.73% at a $568,000 basis. Equity gained on principal adds $3,665/yr, and annual property appreciation at 5% supports $156,928 by year five. Five-year ROI tracks 92.35% and total cumulative return in cash totals $172,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,186/mo property income relative to a $2,780/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1912
0.71 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
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Listed by: Christine Kim • The Agency
Mls Name: CLAW
Mls ID: #25613983