REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Todd Swanson • Swanson Real Estate
$ 550,000
Est. payment /mo
Pending
1140 S Ditman Avenue Los Angeles, CA 90023
5 Beds
2 Baths
1,433 SqFt
UPDATED:
01/16/2025 06:44 AM
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
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.