1140 S Ditman Avenue Pending

Los Angeles,CA 90023

$ 550000

5 Beds

2 Baths

1433 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,433 sqft

Price per Sqft $383

MLS Listing ID CRNDP2500032

Bedrooms 5

Full Baths 2

HOA Y/N No

Originating Board Datashare California Regional

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 opportuni

Location

State CA

County Los Angeles

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Gas Dryer Hookup

Exterior

Pool None

View None

Private Pool false

Building

Story 1

Schools

School District Los Angeles Unified

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