949 N Kings Rd APT 309, West Hollywood, CA, 90069 | $245/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

949 N Kings Rd APT 309, West Hollywood, CA, 90069 | $245/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1228 sft

201 Ocean Ave UNIT 1408B, Santa Monica, CA, 90402

2 Bed
3 Bath
1365 sft

4365 McLaughlin Ave APT 18, Los Angeles, CA, 90066

2 Bed
22 Bath
8492 sft

11178 Culver Blvd, Culver City, CA, 90230

2 Bed
2 Bath
1064 sft

1600 Ardmore Ave UNIT 131, Hermosa Beach, CA, 90254

Nearby investment properties with comparable prices

2 Bed
1 Bath
781 sft

1137 26th St APT D, Santa Monica, CA, 90403

2 Bed
2 Bath
1256 sft

123 E Oak Ave UNIT 202, El Segundo, CA, 90245

2 Bed
2 Bath
1109 sft

1632 Camden Ave APT 203, Los Angeles, CA, 90025

2 Bed
2 Bath
970 sft

11852 Washington Pl APT 2, Los Angeles, CA, 90066

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in West Hollywood at 949 N Kings Rd APT 309, West Hollywood, CA, 90069 offers a 7.78% rental yield on a $829,000 purchase with $5,374/mo rent. Total monthly income registers $5,374/mo, and a $4,058/mo payment leaves $245/mo available for distribution. Annual cash flow reaches $2,942/yr on $272,741 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $5,349/yr while 5% annual appreciation supports $229,037 over five years. Portfolio math shows five-year ROI at 109.41% and total cumulative return in cash at $298,408. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,374/mo property income against a $4,058/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1965

0.92 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the epitome of upscale living in this beautiful top-floor condominium home perfectly situated on coveted Kings Rd. This exceptional residence boasts two spacious bedrooms and two baths designed to maximize comfort and style. FOUR dedicated parking spaces provide ultimate convenience. Natural sunlight floods through every corner of this home. The kitchen includes a breakfast area with direct access to the balcony. Enjoy serene tree-top views from your private balcony, ideal for savoring your morning coffee or an afternoon cocktail. The expansive primary suite includes a walk-in closet and ensuite bath. The spacious secondary bedroom also offers balcony access. Relax by the sun-drenched swimmers' pool with ample room for sunbathing, Enjoy the buildings recreation room and sauna for leisure and wellness. Located just steps away from vibrant Melrose and Santa Monica , you are surrounded by premier shopping , fine dining , cafes, galleries, night life and more. This condominium home is also available for Lease at $4,000 a month.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90069, West Hollywood, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,878 (100%)
Owner Occupied HU	4,844 (32.6%)
Renter Occupied HU	8,463 (56.9%)
Vacant Housing Units	1,571 (10.6%)
Median Home Value	$1,437,906
Average Home Value	$1,515,900