1140 S Ditman Ave, Los Angeles, CA 90023
$550,000 Mortgage Calculator Active Single Family Residence
Property Details
About this Property
Discover an outstanding investment opportunity in the heart of East Los Angeles featuring two single-family homes nestled on one expansive lot. This multi-family property presents an immediate rental income stream with a currently tenant-occupied back house, while the vacant front residence is ready for your personal touch or rental strategy. With a combined total of five bedrooms and two bathrooms across both homes, this property offers versatile living arrangements and strong rental potential. The front house presents an ideal canvas for value-add improvements, allowing investors to maximize returns through strategic renovations. Located next to the 5 freeway, residents enjoy convenient access to daily essentials and local attractions. Students benefit from proximity to Esteban E. Torres High School, and commuters appreciate the accessibility to public transportation, including nearby bus stations and the Cal State LA Station. This dual-residence property represents an excellent opportunity for investors seeking to expand their portfolio or homeowners looking to offset their mortgage with rental income. The combination of existing cash flow from the back house and the potential to add value through renovations to the front residence makes this an attractive investment opportu
MLS Listing Information
MLS #
CRNDP2500032
MLS Source
California Regional MLS
Days on Site
122
Interior Features
Bedrooms
Primary Suite/Retreat
Fireplace
None
Laundry
Hookup - Gas Dryer
Cooling
Window/Wall Unit
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LCR4YY
Contact Information
Listing Agent
Todd Swanson
Swanson Real Estate
License #: 01162260
Phone: (619) 226-3234
Co-Listing Agent
Dominic Chanes
Swanson Real Estate
License #: 01997464
Phone: (949) 892-8204
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
1140 S Ditman Ave is a Single Family Residence in Los Angeles, CA 90023. This 1,433 square foot property sits on a 5,431 Sq Ft Lot and features 5 bedrooms & 2 full bathrooms. It is currently priced at $550,000 and was built in 1922. This address can also be written as 1140 S Ditman Ave, Los Angeles, CA 90023.
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This listing information is up-to-date as of January 09, 2025. For the most current information, please contact Todd Swanson, (619) 226-3234
