Active

1031 S Ditman

Los Angeles, CA 90023

$1,099,000 $4,633/Mo

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Overview

Bed

Bath

2,099

Sqft

6,486

Sqft(Lot)

Description

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 of open street parking at all times. Nearby attractions include Mariachi Plaza, LAC Hospital, USC Medical, Cal State LA, and the Metro Gold Line. In just minutes you can reach Downtown Los Angeles, Dodger Stadium, and Crypto Arena. The property also offers easy access to major freeways such as the 5, 60, 10, 710, and 110. Do not disturb tenants. All three units are occupied. The detached bonus 1bed 1 bath unit is vacant and previous rent is 1200. Don't miss the opportunity.!This is the house in the area that you can cover all your expense and payment with rental income and enjoy some positive cash flow!

Property Details

Property Type : Residential Income

Price : $1,099,000

AD Id : 79262143

MLS Id : CV26018950

Beds : 8

Lot Size : 6,486 Sqft

Living Area Size : 2,099

Year Built : 1940

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Common Roof Interior Features: Granite Counters,Laminate Counters,All Bedrooms Down Property Appliances: Gas Oven,Gas Range,Refrigerator,Water Heater
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Natural Gas Has Heating

Building Information

Year Built: 1940 Building Area Total: 2,099 Roof: Common Roof
Foundation

Raised

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features

None

Laundry Features

None

Fencing

Chain Link

Lot Details

Lot Dimensions Source: Assessor Lot Size Acres: 0.1489 Lot Size Dimensions: 129.65 x50
Lot Size Source: Assessor Lot Size Square Feet: 6486

Listing Price Information

Original List Price: 1,099,000 Listing Contract Date: 2026-01-26
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5239004058

Garage and Parking

Garage Description: Driveway

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas,Trash Collection,Telephone

Other Property Info

Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: On the 5 freeway get off on S Ditman Ave and go North. The property is to the left about half a mile off the freeway Zoning: LCR4YY Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Triplex
Building and Construction

Property Age: 86 Common Walls: No Common Walls Structure Type: Triplex Year Built Source: Estimated Entry Level: 1 Entry Location: driveway off s ditman ave Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
947 S Sunol Drive, Los Angeles, CA, 90023	$1,249,900	7	6.5	3,536	3,536 SqFt
810 S Record, Los Angeles, CA, 90023	$899,000	6	5	1,855	1,855 SqFt
830 S Record Avenue, Los Angeles, CA, 90023	$828,800	5	4	2,184	2,184 SqFt
715 S Record, Los Angeles, CA, 90023	$799,000	5	2	1,903	1,903 SqFt
3946 E 6th Street, Los Angeles, CA, 90023	$749,000	11	5	3,906	3,906 SqFt
1328 S Record Ave, East Los Angeles, CA, 90023	$695,000	4	2	1,359	1,359 SqFt
4045 Dennison Street, Los Angeles, CA, 90023	$1,299,999	9	6	3,649	3,649 SqFt
1231 S Rowan Avenue, Los Angeles, CA, 90023	$1,490,000	6	5	2,863	2,863 SqFt
1228 S Ditman, Los Angeles, CA, 90023	$760,000	7	2	1,890	1,890 SqFt
1273 S Alma, Los Angeles, CA, 90023	$799,000	4	4	1,518	1,518 SqFt

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ByOwner last updated this listing 06/10/2026 @ 21:49

MLS: CV26018950 LISTED BY: Ken Wong, STIGLER MORTGAGE 909-758-1856 SOURCE: CRMLS