$550,000
For Sale

1140 S Ditman Avenue

Los Angeles, CA 90023
1433 sqft | 5 beds | 2 baths | 0.12 acres | #NDP2500032
Listing OfficeSwanson Real Estate
Browse 32 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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 opportunity. Don't miss this chance to own a property with multiple income streams and significant upside potential.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • School DistrictLos Angeles Unified
      • Lot DescriptionTwoToFiveUnitsAcre
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #NDP2500032
      • MLS #NDP2500032
      • Property TypePurchase
      • Original List Price$550,000
      • Acres0.1247
      • Cost550000
      • Square Feet1433
      • Year Built1922
      • Bedrooms5
      • Bathrooms2
      • Full Baths2
      • Stories1

Location

Marco AsaroReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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