Properties

Los Angeles, CA 90023 1031 S Ditman

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Presented By: Ken Wong with STIGLER MORTGAGE;
  • MLS# CV26018950
  • 01/26/2026
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  • Baths • 1
  • SQFT • 2,099

Home Details

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!
Presented By: Ken Wong with STIGLER MORTGAGE;

Interior Features for 1031 S Ditman

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo Common Walls
Heating Y/NYes
Interior AmenitiesGranite Counters, Laminate Counters, All Bedrooms Down
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 1031 S Ditman

Additional Parcels Y/NNo
AppliancesGas Oven, Gas Range, Refrigerator, Water Heater
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesStreet Lights, Sidewalks, Urban, Park
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsOn 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
Entry Locationdriveway off s ditman ave
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
HeatingNatural Gas
Insurance Expense2800
Land Lease Y/NNo
LevelsOne
Listing TermsConventional, 1031 Exchange
Lot Size Square Feet6486
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
Net Operating Income68620
New ConstructionNo
Number Of Units Total3
Operating Expense19700
Other StructuresGuest House Detached, Storage
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NNo
RoofCommon Roof
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot109
Taxes$13,600
Tenant PaysElectricity, Gas, Trash Collection, Telephone
Trash Expense0
Water Sewer Expense3300
Year Built1940
Year Built SourceEstimated
ZoningLCR4YY

Exterior for 1031 S Ditman

Building Area Total2099
Door FeaturesPanel Doors
FencingChain Link
Foundation DetailsRaised
Lot Dimensions129.65 x50
Lot Features2-5 Units/Acre, Front Yard, Lawn, Landscaped, Near Park, Paved, Rectangular Lot, Yard
Lot Size Acres0.1489
Lot Size Area6486
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Parking FeaturesDriveway
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking6
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,089,000
MLS#CV26018950
List Date 01/26/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Tour
Request Info
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