903 New Depot St APT 5, Los Angeles, CA, 90012 | $530/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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903 New Depot St APT 5, Los Angeles, CA, 90012 | $530/mo Cash Flow | Ziffy

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Los Angeles at 903 New Depot St APT 5, Los Angeles, CA, 90012 uses $185,885 cash to close to unlock $6,362/yr annual cash flow and $530/mo monthly cash flow. Total monthly income runs $4,025/mo, and a $2,765/mo payment keeps the spread at $530/mo. Purchase price stands at $565,000, and rental yield measures 8.55% with $4,025/mo rent. Return on cash invested shows 23.48% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 121.99% and total cumulative return in cash records $226,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,025/mo property income covering a $2,765/mo payment rather than investor’s personal income.

Condo

Built in 1974

0.68 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this highly sought-after community nestled in Victor Heights, moments from Dodger Stadium and Downtown Los Angeles. This spacious, tri-level 4-bedroom, 2.5-bathroom condo has been meticulously updated with a fresh coat of paint, brand-new flooring, recessed lighting, and an updated kitchen featuring elegant quartz countertops. This is an exceptional location just above Sunset Blvd, offering captivating views of the Downtown LA skyline directly from the unit. The property provides unparalleled walkability to Downtown LA, Silver Lake, Disney Hall, and is mere minutes away from major landmarks like Crypto.com Arena (formerly Staples Center), USC, major freeways, and public transportation hubs. The intelligent floor plan flows seamlessly, offering functional living spaces and two private balconies for outdoor enjoyment. The unit includes convenient inside washer hookups. This secure community features one gated garage parking space located directly below the unit for easy access and peace of mind. Schedule your tour today to experience the best of central LA living!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90012, Los Angeles, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,994 (100%)
Owner Occupied HU	1,413 ( 8.3%)
Renter Occupied HU	13,925 (81.9%)
Vacant Housing Units	1,656 ( 9.7%)
Median Home Value	$858,384
Average Home Value	$984,713