534 W 56th St #3Los AngelesCA90037
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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 534 W 56th St #3, Los Angeles, CA, 90037 generates $3,841/mo in rent, after a $3,891/mo payment. Total monthly income is $3,841/mo. Return on cash invested sits at 15.12% in year one, and rental yield is 5.8% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 77.14% and total cumulative return in cash sums $201,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,841/mo property income rather than buyer’s personal income.
Multi Family
Built in 1912
5,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90037, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,643 (100%) |
| Owner Occupied HU | 4,171 (23.6%) |
| Renter Occupied HU | 12,641 (71.6%) |
| Vacant Housing Units | 831 ( 4.7%) |
| Median Home Value | $683,518 |
| Average Home Value | $770,661 |
Housing Distribution
Address Breakdown
Residential
17,966
Single Family
13,069
Multi-Family
4,897
Businesses
1,202
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Listed by: Hyo Kyung Pak • Dream Realty & Investments Inc
Mls Name: CRMLS
Mls ID: #26643451