530 S Hewitt St UNIT 533Los 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 530 S Hewitt St UNIT 533, Los Angeles, CA, 90013 offers a 4.52% rental yield on a $1,395,000 purchase with $5,260/mo rent. 42% in year one. Equity gained on principal adds $9,002/yr while 5% annual appreciation supports $385,413 over five years. Portfolio math shows five-year ROI at 57.24% and total cumulative return in cash at $258,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,260/mo property income against a $6,828/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1920
0.90 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: Letty Vermeulen Hernandez • Aspire Los Angeles
Mls Name: CLAW
Mls ID: #25622991