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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Los Angeles at 8900 S Hobart Blvd, Los Angeles, CA, 90047 uses $292,481 cash to close to unlock $13,448/yr annual cash flow and $1,121/mo monthly cash flow. Total monthly income runs $6,737/mo, and a $4,351/mo payment keeps the spread at $1,121/mo. Purchase price stands at $889,000, and rental yield measures 9.09% with $6,737/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $245,614 over five years. Five-year ROI reaches 128.44% and total cumulative return in cash records $375,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,737/mo property income covering a $4,351/mo payment rather than investor’s personal income.
Single Family
Built in 1931
6,503 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 90047, Los Angeles, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,588 (100%) |
| Owner Occupied HU | 9,419 (53.6%) |
| Renter Occupied HU | 7,415 (42.2%) |
| Vacant Housing Units | 754 ( 4.3%) |
| Median Home Value | $712,912 |
| Average Home Value | $742,531 |
Residential
17,259
Single Family
14,806
Multi-Family
2,453
Businesses
1,175
Date | Event | Price |
|---|---|---|
| 2024-08-14 | Price change | $889,000 |
| 2024-07-10 | Price change | $899,000 |
| 2024-06-11 | Listed for sale | $919,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $8067.78 | 4.77% | $648,679 | 2.00% |
| 2022-08-14 | $7700.60 | 1.38% | $635,961 | 2.00% |
| 2021-08-14 | $7596.10 | -9.13% | $623,492 | 1.04% |
Listed by: Jason Lee • Team Spirit Realty
Mls Name: CLAW
Mls Provider:
Mls ID: #24-402773
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
