8710 Delgany Ave UNIT 23Playa Del ReyCA90293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Playa Del Rey at 8710 Delgany Ave UNIT 23, Playa Del Rey, CA, 90293 listed at $650,000 pairs $5,342/mo rent with a $3,181/mo payment to leave $779/mo cash flow. Total monthly income runs $5,342/mo, and annual cash flow reaches $9,350/yr on $213,850 cash to close. Return on cash invested measures 24.43% in year one, and rental yield registers 9.86% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 128.18% and total cumulative return in cash totals $274,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,342/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
0.42 Acres lot
$N/A/sqft
$363 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 90293, Playa Del Rey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,199 (100%) |
| Owner Occupied HU | 2,625 (42.3%) |
| Renter Occupied HU | 3,233 (52.2%) |
| Vacant Housing Units | 341 ( 5.5%) |
| Median Home Value | $1,244,831 |
| Average Home Value | $1,374,257 |
Housing Distribution
Address Breakdown
Residential
6,887
Single Family
1,973
Multi-Family
4,914
Businesses
237
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-11 | Listed for sale | $650,000 |
| 2024-05-02 | Listing removed | N/A |
| 2024-04-24 | Price change | $2,990 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $7024.96 | 4.91% | $583,399 | 2.00% |
| 2022-08-14 | $6696.18 | 1.31% | $571,961 | 2.00% |
| 2021-08-14 | $6609.75 | -2.24% | $560,748 | 1.04% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Condo
- Year Built: 1965
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 853 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: None
- Flooring: N/A
- Interior Features: Kitchen, Living Room
- Exterior Features: N/A
- Parking Features: Community Structure, Side By Side
Location
- City: Playa Del Rey
- State: CA
- Subdivision: N/A
- Lot Size: 0.42 Acres
- Lot Features: N/A
- View: None
HOA & Fees
- HOA Fee: $363 monthly
- Association Fee: $363 monthly
- Fees & Dues: N/A
- Association Amenities: Trash, Water, Call for Rules, Management
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Natasha Gwilt • eXp Realty of California Inc
Mls Name: CRMLS
Mls Provider:
Mls ID: #SB24138437
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information