West Rancho Dominguez is located in a strong market for 5+ unit multifamily loans. Multifamily loans in West Rancho Dominguez are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in West Rancho Dominguez are some of the lowest nationally. West Rancho Dominguez apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in West Rancho Dominguez.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in West Rancho Dominguez are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.71% - 7.45% |
| 7 Year Fixed | 6.66% - 7.17% |
| 10 Year Fixed | 6.64% - 7.04% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.12% - 6.36% |
| 7 Year Fixed | 6.05% - 6.29% |
| 10 Year Fixed | 6.14% - 6.38% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.51% - 7.25% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.44% - 6.84% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.44% - 5.54% |
| 7 Year Fixed | 5.49% - 5.59% |
| 10 Year Fixed | 5.47% - 5.57% |
All major multifamily lender types are lending in West Rancho Dominguez.
The city of West Rancho Dominguez in Los Angeles County has a population of 22,901. The median rent in Los Angeles County for a 2 bedroom is $2,238. The median West Rancho Dominguez resident is 36 years old with a yearly income of $25,658. The average family has 4.15 members and a median household income of $60,155. West Rancho Dominguez has a 12% higher education rate. The unemployment rate in West Rancho Dominguez is 7.4%.
31.3% of West Rancho Dominguez households are renters.
52.1% median household income spent on rent.
Bedrooms |
Los Angeles County 1 |
California 2 |
National 2 |
|---|---|---|---|
| Studio | $1,488 | $1,137 | $737 |
| 1 bedroom | $1,746 | $1,291 | $813 |
| 2 bedroom | $2,238 | $1,635 | $1,015 |
| 3 bedroom | $2,974 | $2,254 | $1,325 |
| 4 bedroom | $3,243 | $2,613 | $1,521 |
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