fbpx

$550,000
5 bed
2 bath
1,433 Sqft
5,431 Sqft lot

1140 S Ditman Avenue, Los Angeles, California 90023

  • Residential Property Type
  • 5 Days Time on market
  • $384 Price per sqft
  • 1922 Year Built
Property 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.

Basic Details
Residential
Buy
NDP2500032
$550,000
5
2
1,433 Sqft
1922
5,431 Sqft
Active
Single Family Residence
Click Here
Houses
Virtual Tour
Features
: Wall/window Unit(s)
: Suburban
0
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90023
1140 S Ditman Avenue
1140
Avenue
0
W119° 48' 39.6''
N34° 1' 11''
S
Additional Information
5
1
1
1
2
: One
1
: Gas Dryer Hookup
0
0 Sqft
1
0 Sqft
0 Sqft
: Public Records
0.12 Sqft
5,431 Sqft
1
: No Common Walls
2
0 Sqft
LCR4YY
5242005002
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
02/01/2025 09:42:43
$550,000
: Standard
Cash,AllFinancingConsidered,Conventional
Exit S Ditman Ave from 5 Freeway. Cross street S Ditman Ave and E Olympic Blvd
Swanson Real Estate
Todd Swanson
16059
109837
$0
1
: Acreage
yes
1
: Square Feet
1
1
US-06037-N-5242005002-R-N
SingleFamilyResidence
02/01/2025 17:57:39
Ditman
675 - East Los Angeles/City Of Commerce
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$