8953 W 24th StLos AngelesCA90034
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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 8953 W 24th St, Los Angeles, CA, 90034 offers a 4.09% rental yield on a $1,275,000 purchase with $4,346/mo rent. 08% in year one. Equity gained on principal adds $8,227/yr while 5% annual appreciation supports $352,259 over five years. Portfolio math shows five-year ROI at 50.06% and total cumulative return in cash at $206,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,346/mo property income against a $6,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90034, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,116 (100%) |
| Owner Occupied HU | 5,062 (18.0%) |
| Renter Occupied HU | 21,281 (75.7%) |
| Vacant Housing Units | 1,773 ( 6.3%) |
| Median Home Value | $1,450,369 |
| Average Home Value | $1,481,183 |
Housing Distribution
Address Breakdown
Residential
27,743
Single Family
6,907
Multi-Family
20,836
Businesses
1,309
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Listed by: Dan May • Keller Williams Los Angeles
Mls Name: CLAW
Mls ID: #25600481