711 E Vernon AveLos AngelesCA90011
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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 711 E Vernon Ave, Los Angeles, CA, 90011 earns from $2,516/mo rent with a $7,342/mo payment. Total monthly income totals $2,516/mo. ROI tracks 3.67% on current figures, and rental yield reads 2.01% at a $1,500,000 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 over five years. Five-year ROI reaches 15.66% and total cumulative return in cash sums $76,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,516/mo property income instead of your personal income.
Multi Family
Built in 1929
4,695 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90011, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,860 (100%) |
| Owner Occupied HU | 6,158 (24.8%) |
| Renter Occupied HU | 17,883 (71.9%) |
| Vacant Housing Units | 819 ( 3.3%) |
| Median Home Value | $624,730 |
| Average Home Value | $696,731 |
Housing Distribution
Address Breakdown
Residential
23,784
Single Family
19,209
Multi-Family
4,575
Businesses
1,871
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Listed by: Casey Lins • Kidder Mathews of California, Inc.
Mls Name: CLAW
Mls ID: #25593183