1031 S Ditman, Los Angeles, CA 90023
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1031 S Ditman,Los Angeles, CA 90023
$1,089,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ken wong
Office: stigler mortgage
MLS#:CV26018950
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,089,000
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 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 ca...
Contact an agent
Home facts
- Listing ID #:CV26018950
- Added:98 day(s) ago
- Updated:May 05, 2026 at 02:01 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$1,089,000
New listings near 1031 S Ditman
- New
$1,450,000Active0.15 Acres10808 Hartsook Street, North Hollywood (los Angeles), CA 91601
MLS# CL26829177Listed by: COMPASS - New
$299,000Active0.47 Acres3734 N Oakfield Drive, Sherman Oaks (los Angeles), CA 91423
MLS# CL26829605Listed by: KELLER WILLIAMS BEVERLY HILLS - New
$499,000Active0.73 Acres3800 N Oakfield Drive, Sherman Oaks (los Angeles), CA 91423
MLS# CL26829623Listed by: KELLER WILLIAMS BEVERLY HILLS - New
$2,015,000Active0.14 Acres958 Fiske Street, Pacific Palisades (los Angeles), CA 90272
MLS# CL26828973Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - Open Sat, 12 to 3pm
$1,095,000Active4 beds 3 baths2,325 sq. ft.7466 Louise Avenue, Lake Balboa, CA 91406
MLS# 26652181Listed by: COMPASS - New
$625,000Active2 beds 2 baths1,252 sq. ft.4915 Tyrone Avenue #136, Sherman Oaks, CA 91423
MLS# SR26091386Listed by: HOMES4LA - New
$6,899,000Active6 beds 9 baths8,200 sq. ft.4653 Vanalden Avenue, Tarzana, CA 91356
MLS# SR26096287Listed by: EQUITY UNION - New
$839,000Active2 beds 2 baths1,192 sq. ft.4482 Richard Drive, Los Angeles, CA 90032
MLS# WS26035624Listed by: EXP REALTY OF CALIFORNIA INC - New
$1,999,000Active2 beds 3 baths1,945 sq. ft.13600 Marina Pointe Drive #901, Marina Del Rey, CA 90292
MLS# 26803039Listed by: LPT REALTY, INC - New
$750,000Active3 beds 1 baths1,020 sq. ft.2818 Ashland Avenue, Los Angeles, CA 90031
MLS# 26828183Listed by: BEVERLY & COMPANY LUXURY PROPERTIES