639 Paseo De La Playa UNIT 305, Torrance, CA, 90277 | 4.39% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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639 Paseo De La Playa UNIT 305, Torrance, CA, 90277 | 4.39% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Torrance at 639 Paseo De La Playa UNIT 305, Torrance, CA, 90277 offers a 4.39% rental yield on a $1,100,000 purchase with $4,024/mo rent. 01% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,910 over five years. Portfolio math shows five-year ROI at 55.01% and total cumulative return in cash at $196,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,024/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1962

8.03 Acres lot

$N/A/sqft

No HOA

More details about the property

Location! Location! Location! Experience oceanfront living at Cote d'Azur Villas. This resort-style gated community sits on 8 beautifully landscaped acres, offering breathtaking views of the Pacific Ocean, panoramic Santa Monica Bay, the scenic "Queen's Necklace" view, and incredible sunsets year-round. This community features a private path to the beach, indoor/outdoor barbecue areas, and a heated pool. Flooded with natural light, this top floor remodeled Condo with open floor plan, large windows along the south wall and glass slide doors to a spacious balcony allow views of the tree and ocean from every room, creating a seamless indoor-outdoor lifestyle. Living room opens to light-filled dining area and kitchen; open kitchen with high-end stainless steel appliances, and south facing ensuring cool summers and warmth in winter. The condo has two parking space in the garage with storage. This vibrant community is centrally located within walking distance of Malaga Cove Plaza and Riviera Village, a charming destination filled with shops, restaurants, caf and entertainment.

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