600 S Ditman Avenue, Los Angeles, CA 90023
- $799,000
- 4
- BD
- 2
- BA
- 2,224
- SqFt
Listing courtesy of Listing Agent: Dana Coronado (dana@incomepropertiesla.com) from Listing Office: Compass.
- List Price
- $799,000
- Status
- ACTIVE
- Days on Market
- 74
- Price Change
- ▼ $100,000 1782869927
- MLS#
- 26838659
- Subtype
- Residential Income
- Style
- Spanish
- Year Built
- 1911
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,224
- Lot Size
- 7,647
- Acres
- 0.18
- MLS Area Major
- East Los Angeles (ELA)
Property Description
This property presents a rare mixed-use investment opportunity featuring 3 units on a single parcel, combining a retail storefront with residential income in a highly desirable East Los Angeles location between the 5 and 60 Freeways. The property consists of a vacant, appx 1,100 SF retail space, a renovated, vacant 2Br+1Ba house of appx. 728 SF, and a 2Br+1Ba apartment that is currently leased at $1,900 per month to a long term tenant. The corner market and the single-family home are currently vacant, offering a new owner the ability to set market rents, reposition the asset, or pursue an ideal owner-user strategy. The store includes a 200 SF walk-in freezer, original shelving, counters, refrigerated cases, small kitchen, storage and bathroom. It presents significant upside potential and flexibility, as this could make a wonderful neighborhood-serving market, or live/work option for a new owner to live in the house and operate their business or creative studio out of the commercial space. The renovated Spanish-style SFR features a charming interior with decorative finishes and a faux fireplace, adding character and warmth that enhances its appeal for either owner occupancy or premium rental potential. The property also includes 4 on-site driveway parking spaces & a detached garage. Positioned in a dense, high-demand rental market with close proximity to major transportation corridors, the asset benefits from strong fundamentals and long-term appreciation potential. Because the property is mixed-use, unfortunately it will not qualify for a FHA or conventional loan.
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Additional Information
- Property Description
- Spanish
- Zoning
- LCR4*
- Flooring
- Tile
- Appliances
- Dishwasher, Disposal, Range Hood
- Heating
- Wall Furnace
- Air Conditioning
- Yes
- Exterior Construction
- Brick, Stucco
- Stories
- One Level
- Levels
- One
- Roof
- Composition
- Pool Type
- None
- Parking Features
- Concrete, Garage, Gated, Tandem
- Garage Spaces
- 2
- View
- None
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.