600 S Ridgeley Dr PENTHOUSE 1Los AngelesCA90036
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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 600 S Ridgeley Dr PENTHOUSE 1, Los Angeles, CA, 90036 listed at $975,000 pairs $4,028/mo rent with a $4,772/mo payment. Total monthly income runs $4,028/mo. Return on cash invested measures 12.57% in year one, and rental yield registers 4.96% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 63.42% and total cumulative return in cash totals $203,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,028/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90036, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,743 (100%) |
| Owner Occupied HU | 2,818 (13.0%) |
| Renter Occupied HU | 17,353 (79.8%) |
| Vacant Housing Units | 1,572 ( 7.2%) |
| Median Home Value | $1,872,886 |
| Average Home Value | $1,753,510 |
Housing Distribution
Address Breakdown
Residential
21,283
Single Family
7,846
Multi-Family
13,437
Businesses
1,858
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Listed by: Max Lee • Real Broker
Mls Name: CLAW
Mls ID: #25625851