1031 Ditman, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1031 Ditman,Los Angeles, CA 90023
$1,099,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ken wong
Office: stigler mortgage
MLS#:CV26018950
Source:MLSListings

Price summary

  • Price:$1,099,000

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:234 day(s) ago
  • Updated:September 22, 2026 at 04:48 PM

Rooms and interior

  • Kitchen Description:Refrigerator

Heating and cooling

  • Cooling:Window/Wall Unit
  • Heating:Gas

Structure and exterior

  • Year built:1940
  • Lot area:0.15 Acres
  • Lot Features:Greenbelt, Mid Block, Paved
  • Foundation Description:Raised
  • Levels:1 Story

Utilities

  • Water:District - Public, Hot Water

Finances and disclosures

  • Price:$1,099,000

Parking

  • Parking description:Other
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