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1031 S Ditman, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:CENTURY 21 Jordan-Link
1031 S Ditman,Los Angeles, CA 90023
$1,089,000
  • - Beds
  • - Baths
  • 2,099 sq. ft.
  • Multi-family
  • Active
Listed by: ken wong
Office: stigler mortgage909-758-1856
MLS#:CV26018950
Source:CRMLS

Price summary

  • Price:$1,089,000
  • Price per sq. ft.:$518.82

About this home

Ideal for 1031 exchange buyer or owner-occupied. Cap rate is about 5.5~6%. Start earning rental income from day one with this tenant-occupied property. Solid 7200 monthly income with strong tenants!! All units are month to month lease. This is a DREAM property for an investor or occupant owner. This property is not located in LA rent control area, NOT RSO. The property has been managed & maintained by professional property management for the last 5 years. There are 3 DETACHED units on the property. Unit 1 is a 4/2. Unit 2 is a 2/1. Unit 3 is a 2/1. There is a 2 room storage unit on the property being used by the residents that could potentially be transformed into an ADU. Rents are all close to market. All tenant ledgers are available upon request. Estoppels can be signed by each resident as well. Unit 3 was completely renovated down to the studs in 2019. Roofs were redone in 2019. The lot size is at almost 6,500 sq ft. There is a long driveway capable of parking 6+ cars with plenty...

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Home facts

  • Year built:1940
  • Listing ID #:CV26018950
  • Added:93 day(s) ago
  • Updated:April 30, 2026 at 10:43 AM

Rooms and interior

  • Kitchen Description:Gas Oven, Gas Range, Refrigerator
  • Living area:2,099 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Natural Gas

Structure and exterior

  • Roof:Common Roof
  • Year built:1940
  • Building area:2,099 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Front Yard, Landscaped, Lawn, Near Park, Paved, Rectangular Lot, Yard
  • Foundation Description:Raised
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,089,000
  • Price per sq. ft.:$518.82

Features and amenities

  • Amenities:All Bedrooms Down, Carbon Monoxide (CO2) Detector, Granite Counters, Laminate Counters, Water Heater

Parking

  • Total parking spaces:6
  • Parking description:Driveway
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