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1031 S Ditman

los angeles, CA 90023

$1,089,000

    Interested? Let's Connect

    Solid 7200 monthly income with strong tenants!! 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!

    Details

    2,099 Sq Ft

    6,486 Sq Ft Lot Size

    investment

    Built in 1940

    MLS/Listing ID CV26018950

    1 Stories

    3 Units

    Amenities & Features

    Chain-link

    Cooling - Wall/window unit(s)

    Community - Park

    Community - Sidewalks

    Community - Street Lights

    Community - Urban

    Gas Oven

    Gas Range

    Refrigerator

    Water Heater

    Parking - Driveway

    Lot - Front Yard

    Lot - Landscaped

    Lot - Lawn

    Lot - Near Park

    Lot - Paved

    Lot - Rectangular Lot

    Lot - Yard

    All Bedrooms Down

    Granite Countertops

    Laminate Countertops

    Heating - Natural Gas

    Raised

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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    Interested In 1031 S Ditman?