871 S Lucerne Blvd APT 2Los 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 871 S Lucerne Blvd APT 2, Los Angeles, CA, 90005 listed at $745,000 pairs $3,925/mo rent with a $3,646/mo payment. Total monthly income runs $3,925/mo. Return on cash invested measures 16.71% in year one, and rental yield registers 6.32% at a $745,000 basis. Equity gained on principal adds $4,807/yr, and annual property appreciation at 5% supports $205,830 by year five. Five-year ROI tracks 85.68% and total cumulative return in cash totals $209,996. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,925/mo property income relative to a $3,646/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
9,067 sqft 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: OGIE OBASEKI • EVERGREEN HOMES
Mls Name: CRMLS
Mls ID: #IV25258656