1031 S Ditman , Los Angeles, CA 90023
$1,099,000
Est. Payment: $5,963.15/mo
8 Bed
4 Bath
2099 Sqft
Status: Active | Days on site: 104
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52685 - CV49251
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House Description

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!

Highlights

Listed by Ken Wong , 909-758-1856 STIGLER MORTGAGE , 909-758-1856. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1940

County

Los Angeles

Area

699 - Not Defined

Listing ID

CV26018950

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Appliances:Gas Oven, Gas Range, Refrigerator, Water Heater
Air Cond:Wall/Window Unit(s)
Fireplaces:
Other:
  • ▪ Additional:Granite Counters, Laminate Counters, All Bedrooms Down
Water:Public

Exterior Features

Lot:2-5 Units/Acre,Front Yard,Lawn,Landscaped,Near Park,Paved,Rectangular Lot,Yard,No Land Lease
Lot Dimensions:129.65 x50
Garage Capacity:6
Zoning:LCR4YY
Roof:Common Roof
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$5,963
Taxes
$701

Home Price

$1,099,000

Loan Details

30 yrs
7.192%

Down Payment

20%
$219,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,963.15

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,963.15 $700.61 $0.00 $6,663.76
Yearly $71,557.74 $8,407.35 $0.00 $79,965.09
Total $2,146,732.29 $252,220.50 $0.00 $2,398,952.79

Today's Rates

30 Year

7.19%

20 Year

6.73%

15 Year

6.48%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-25T17:04:55.000Z

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