900 W Olympic Blvd UNIT 27GLos AngelesCA90015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Los Angeles at 900 W Olympic Blvd UNIT 27G, Los Angeles, CA, 90015 offers $8,236/mo rent that, after a $7,293/mo payment. Total monthly income is $8,236/mo. Return on cash invested measures 7.19% in year one, and rental yield stands at 6.63% at a $1,490,000 entry. Equity gained on principal adds $9,615/yr while 5% annual appreciation compounds into $411,660 by year five. Five-year ROI records 38.44% and total cumulative return in cash reaches $185,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,236/mo property income versus a $7,293/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
9.17 Acres lot
$N/A/sqft
$3,261 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90015, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 1,341 ( 8.0%) |
| Renter Occupied HU | 13,041 (77.6%) |
| Vacant Housing Units | 2,424 (14.4%) |
| Median Home Value | $1,051,122 |
| Average Home Value | $1,210,352 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
7,074
Multi-Family
7,855
Businesses
6,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Kim • Top Elite Realty
Mls Name: CLAW
Mls Provider:
Mls ID: #24-394977
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.