1031 S Ditman , Los Angeles, CA 90023
$1,099,000
Est. Payment: $5,549.63/mo
8 Bed
4 Bath
0 Sqft
Status: active | Days on site: 176
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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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 ca

Highlights

Listed by Ken Wong , STIGLER MORTGAGE , 909-758-1856. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

County

Los Angeles

Listing ID

CV26018950

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:Wall/Window
Fireplaces:

Exterior Features

Lot Dimensions:129.65 x50
Zoning:Estimated
Principal Interest
$5,550
Taxes
$701

Home Price

$1,099,000

Loan Details

30 yrs
6.487%

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:
$5,549.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,549.63 $700.61 $0.00 $6,250.24
Yearly $66,595.53 $8,407.35 $0.00 $75,002.88
Total $1,997,865.90 $252,220.50 $0.00 $2,250,086.40

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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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.

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Data last updated: 2026-08-10T08:12:55.000Z

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