FOR_SALERisky Deal21 days on market

1942 Grace Ave APT 118

1942 Grace Ave APT 118, Los Angeles, CA 90068, Los Angeles, CA 90068
$595,000
Zestimate®:$584,700

Listing Price

Property image 1
1942 Grace Ave APT 118, Los Angeles, CA 90068
Loc: Los Angeles, CA
Days Listed
21
Tax Assessed
$713k
Zestimate®
$585k
Market Rate
Lot Size
1.16 acres
Rent Estimate
$4,089/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Cheremoya Avenue Elementary School

K-5
0.6 mi away
5

Hubert Howe Bancroft Middle School

6-8
1.3 mi away
8

Hollywood Senior High School

9-12
0.7 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.69%
Total ROI
13.1%
Cash Flow
$-781/mo
DSCR
0.77
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-18Price change$595,000$473
2026-04-30Listed for sale$679,000$540
2026-04-29Listing removed$695,000$553
2026-03-25Listed for sale$695,000$553
2021-09-08Sold$659,000$524
2021-09-01Pending sale$675,000$537
2021-08-12Contingent$675,000$537
2021-07-21Listed for sale$675,000$537
2013-11-15Sold$375,000$298
2011-02-08Price change$385,000$306
2010-10-03Price change$395,000$314
2010-07-28Listed for sale$407,000$324

Tax History

YearProperty TaxTax Assessment
2026$0$713,320
2025$8,656.82$699,334
2024$8,495.73$685,623
2023$8,336.18$672,180
2022$7,978.18$659,000
2021$5,193.56$424,684
2020$5,175.37$420,330
2019$5,175.37$412,089
2018$4,940.54$404,009
2017$4,940.54$396,089
2016$4,834.31$388,323
2015$4,683.2$382,491
2014$4,634.28$375,000
2012$0$218,339
2011$0$214,059
2010$0$212,460
2009$0$212,966
2008$0$208,791
2007$0$204,698
2006$0$200,686
2005$0$200,686
2004$0$192,895
2003$0$189,361
2002$0$185,649
2000$0$172,575
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,257
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $595,000Rent Basis: Observed Comp Model ($4,089/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $298/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.85%

NOI: $28,856/yr

Cash-on-Cash Yield
-6.0%

On $136,850 invested

DSCR Ratio
0.78x

Negative debt coverage

5-Yr Leveraged ROI
+64.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$446/mo
Homeowner / Hazard Insurance-$298/mo
Vacancy Reserve (5% of rent)-$204/mo
Repairs & Maintenance (10% of rent)-$409/mo
Property Management (8% of rent)-$327/mo
Total Pure Operating Expenses-$1,684/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,089/mo
Less: Operating Expenses-$1,684/mo
Net Operating Income (NOI)+$2,405/mo
Less: Debt Service (30yr @ 6.75%)-$3,087/mo
Net Cash Flow
$-683/mo
$-8,191/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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