620 S Gramercy Pl APT 338Los AngelesCA90005
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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 620 S Gramercy Pl APT 338, Los Angeles, CA, 90005 earns from $3,038/mo rent with a $3,059/mo payment. Total monthly income totals $3,038/mo. ROI tracks 15.23% on current figures, and rental yield reads 5.83% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 77.69% and total cumulative return in cash sums $159,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,038/mo property income instead of your personal income.
Condo
Built in 1990
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90005, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,722 (100%) |
| Owner Occupied HU | 2,038 ( 7.9%) |
| Renter Occupied HU | 20,469 (79.6%) |
| Vacant Housing Units | 3,215 (12.5%) |
| Median Home Value | $1,220,228 |
| Average Home Value | $1,329,075 |
Housing Distribution
Address Breakdown
Residential
19,471
Single Family
4,533
Multi-Family
14,938
Businesses
1,038
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Listed by: Jennifer Chai • Pinnacle Estate Properties
Mls Name: CRMLS
Mls ID: #SR26021636