850 W Martin Luther King Jr BlvdLos AngelesCA90037
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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 850 W Martin Luther King Jr Blvd, Los Angeles, CA, 90037 offers a 3.86% rental yield on a $1,288,000 purchase with $4,138/mo rent. 36% in year one. Equity gained on principal adds $8,311/yr while 5% annual appreciation supports $355,851 over five years. Portfolio math shows five-year ROI at 46.16% and total cumulative return in cash at $192,640. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,138/mo property income against a $6,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1921
5,523 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90037, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,643 (100%) |
| Owner Occupied HU | 4,171 (23.6%) |
| Renter Occupied HU | 12,641 (71.6%) |
| Vacant Housing Units | 831 ( 4.7%) |
| Median Home Value | $683,518 |
| Average Home Value | $770,661 |
Housing Distribution
Address Breakdown
Residential
17,966
Single Family
13,069
Multi-Family
4,897
Businesses
1,202
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Listed by: MiJeong Kim • Mi Jeong Kim
Mls Name: CLAW
Mls ID: #25595637