830 Camino Real UNIT 201, Redondo Beach, CA, 90277 | 6.43% Rental Yield

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830 Camino Real UNIT 201, Redondo Beach, CA, 90277 | 6.43% 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

Total monthly income runs $5,224/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 6.43% with $5,224/mo rent. Return on cash invested shows 17.04% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 87.42% and total cumulative return in cash records $280,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,224/mo property income covering a $4,772/mo payment rather than investor’s personal income.

Condo

Built in 1970

4.65 Acres lot

$N/A/sqft

No HOA

More details about the property

This is the one you have been waiting for. The Best of the Best in Brookside Village. Large 3 bedroom with Loft (175 sf. not included in sf.) with views of pool, Alta Vista Park and Palos Verdes. Perfectly located, away from street noise, this beautifully remodeled jewel features an accent stone wall, electric fireplace and 2 stunning pendants hanging from the vaulted living room ceiling. The living room is flooded with light and features a large entertaining balcony just steps to the pool. You'll enjoy the unobstructed lush courtyard views of the this resort-style community which boasts 2 pools, tennis courts, gym, sauna, clubhouse and 2 private dedicated parking spaces with storage. Newly remodeled with white oak engineered floors, new windows, paint and electric blinds from the Shade Store. The upscale stainless steel kitchen offers custom cabinetry and dining area. There's two upgraded bathrooms including a primary bath. Centrally located near Alta Vista Elementary School and Park with playing fields, and tennis courts. Easy access to the beach, Riviera Village, shopping, restaurants, and more. Hurry to see.

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