1031 S Ditman Los Angeles, CA $ 1,135,000
1031 S Ditman
$ 1,135,000
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1031 S Ditman

Los Angeles, CA, 90023
$ 1,135,000
Baths1.0 Sq 2,099

Monthly Estimate*

$ 6,988

Listed by STIGLER MORTGAGE
1031 S Ditman, Los Angeles, CA 90023 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,135,000 with 1 full bath. This 2,099 square foot home was built in 1940 on a lot size of 0.1489.

Solid 7200 monthly income with strong tenants!! This is a DREAM property for an investor or occupant owner. 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!

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Multi-Family Active

Price

$ 1,135,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1489

Year Built

1940

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV26018950

Days on Market

2

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Roof Common Roof
Appliances Gas Oven Gas Range Refrigerator Water Heater
Zoning LCR4YY
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1940
Tenant Pays Electricity Gas Trash Collection Telephone
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 0
Community Features Street Lights Sidewalks Urban Park
County Los Angeles
Net Operating Income 68620
Operating Expense 19700
Insurance Expense 2800
New Construction false
Property Type Residential Income
Garage Y/N false
Other Structures Guest House Detached Storage
Special Listing Conditions Standard
Status Active
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
City Los Angeles
Entry Location driveway off s ditman ave
Senior Community Y/N false
Number Of Units Total 3
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6486
Listing Terms Conventional 1031 Exchange
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 3300
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 109
Property Sub Type Additional Triplex
Taxes 13600
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Interior
Interior Amenities Granite Counters Laminate Counters All Bedrooms Down
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
Entry Level 1
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Exterior
Fencing Chain Link
Parking Features Driveway
Lot Features 2-5 Units/Acre Front Yard Lawn Landscaped Near Park Paved Rectangular Lot Yard
Water Source Public
Total Parking 6
Lot Size Area 6486
Foundation Details Raised
Number of Buildings 3
Spa false
Building Area Total 2099
Lot Dimensions 129.65 x50
Lot Size Acres 0.1489
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Door Features Panel Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Stigler Mortgage

Broker

alex_wong_somebody@yahoo.com

Email

Affordability Calculator

$6,988
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Monthly Principal & Interest
$6,988
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2026$1,135,000 Listed Price

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1031 S Ditman, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $1,135,000 with 2,099 sqft and a lot size of 0.1489. 1031 S Ditman is a studio with 1.0 baths and was built in 1940. The property's zip code is 90023 which is in Los Angeles, CA