555 Esplanade APT 520Redondo BeachCA90277
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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 Redondo Beach at 555 Esplanade APT 520, Redondo Beach, CA, 90277 listed at $995,000 pairs $5,387/mo rent with a $4,870/mo payment. Total monthly income runs $5,387/mo. Return on cash invested measures 17.24% in year one, and rental yield registers 6.5% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 88.51% and total cumulative return in cash totals $289,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,387/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1976
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90277, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,815 (100%) |
| Owner Occupied HU | 7,737 (43.4%) |
| Renter Occupied HU | 8,952 (50.2%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $1,456,087 |
| Average Home Value | $1,522,751 |
Housing Distribution
Address Breakdown
Residential
18,022
Single Family
8,500
Multi-Family
9,522
Businesses
1,826
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Listed by: George Nakhla • Beach City Brokers
Mls Name: CRMLS
Mls ID: #SB25176397