4620 E 3rd StLos AngelesCA90022
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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
Rental property for sale in Los Angeles at 4620 E 3rd St, Los Angeles, CA, 90022 generates $2,982/mo in rent, after a $5,139/mo payment. Total monthly income is $2,982/mo. Return on cash invested sits at 7.98% in year one, and rental yield is 3.41% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 38.75% and total cumulative return in cash sums $131,837. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,982/mo property income rather than buyer’s personal income.
Multi Family
Built in 1963
6,845 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90022, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,848 (100%) |
| Owner Occupied HU | 6,027 (33.8%) |
| Renter Occupied HU | 11,338 (63.5%) |
| Vacant Housing Units | 483 ( 2.7%) |
| Median Home Value | $672,873 |
| Average Home Value | $723,582 |
Housing Distribution
Address Breakdown
Residential
17,104
Single Family
14,400
Multi-Family
2,704
Businesses
2,014
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Listed by: Josey Andrade • First Team Real Estate
Mls Name: CRMLS
Mls ID: #PW25129435