1140 South Ditman Avenue Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90023
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 1,433 sqft
Price per Sqft $383
MLS Listing ID 8N-2500032
Bedrooms 5
Full Baths 2
Year Built 1922
Lot Size 5,431 Sqft
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.
Location
State CA
County Los Angeles
Zoning LCR4YY
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Gas Dryer Hookup
Exterior
Pool None
Community Features Suburban
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer