956 E 24th StLos AngelesCA90011
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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 956 E 24th St, Los Angeles, CA, 90011 offers a 7.38% rental yield on a $585,000 purchase with $3,596/mo rent. 92% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 102.87% and total cumulative return in cash at $197,982. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,596/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1924
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90011, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,860 (100%) |
| Owner Occupied HU | 6,158 (24.8%) |
| Renter Occupied HU | 17,883 (71.9%) |
| Vacant Housing Units | 819 ( 3.3%) |
| Median Home Value | $624,730 |
| Average Home Value | $696,731 |
Housing Distribution
Address Breakdown
Residential
23,784
Single Family
19,209
Multi-Family
4,575
Businesses
1,871
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Listed by: Aekyung Lee • Onewest Properties
Mls Name: CLAW
Mls ID: #25549421