1031 S Ditman Avenue, East Los Angeles, CA 90023
Triplex · 2 recorded sales since 2018
Sold October 2023
Listing Agent: Ryan Smagacz (DRE #02126879) · Listing Office: Real Broker · Contact: 619-248-6434 · Bought with: Alan Tran · KW Executive · MLS #DW23157189 · Source: CRMLS
About this triplex
Close to a 7% cap rate!! This is a DREAM property for an investor or occupant owner. The property has been managed & maintained by professional property management for the last 5 years. There are 3 DETACHED units on the property. Unit 1 is a 4/2. Unit 2 is a 2/1. Unit 3 is a 2/1. There is a 2 room storage unit on the property being used by the residents that could potentially be transformed into an ADU. Rents are all close to market. All tenant ledgers are available upon request. Estoppels can be signed by each resident as well. Unit 3 was completely renovated down to the studs in 2019. Roofs were redone in 2019. The lot size is at almost 6,500 sq ft. There is a long driveway capable of parking 6+ cars with plenty of open street parking at all times. Nearby attractions include Mariachi Plaza, LAC Hospital, USC Medical, Cal State LA, and the Metro Gold Line. In just minutes you can reach Downtown Los Angeles, Dodger Stadium, and Crypto Arena. The property also offers easy access to major freeways such as the 5, 60, 10, 710, and 110. If interested after the sale, discounted professional property management services are available for 6 months with current manager.
Listing description from the October 2023 sale, as reported to CRMLS.
Sale history
