1031 S Ditman, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath

1031 S Ditman, Los Angeles, California 90023 home-pic-0

1031 S Ditman

Los Angeles, California 90023

ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,099Sq Ft
6,486Lot Size

Property Price

LIST PRICE$1,089,000

SUMMARY

Analysis of 1031 S Ditman, Los Angeles, California 90023 is currently available with a list price of $1,089,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property was built in 1940. While the roofs were redone in 2019 and Unit 3 was completely renovated down to the studs in 2019, the provided images (likely from Unit 1 or 2) show significantly outdated interiors. The kitchens feature older dark wood cabinets, laminate countertops, and standard appliances. Bathrooms are very dated with older fixtures and finishes. Flooring is a mix of older tiles and worn carpet/laminate, and light fixtures are basic and outdated. These elements indicate that while some major components (roof) and one unit have been updated, the overall property, particularly the non-renovated units, is aged but maintained through regular upkeep, with major components showing signs of being outdated. It requires minor updates or repairs in the older units.

PROSSTRENGTHS & OPPORTUNITIES

  • Strong Income & Cash Flow

    The property boasts a solid $7200 monthly income with strong tenants, explicitly stating it can cover expenses and generate positive cash flow, making it an attractive investment.

  • Multi-Unit & ADU Potential

    Features three detached units (4/2, 2/1, 2/1) plus a vacant 1-bed/1-bath bonus unit, offering diversified rental income. Additionally, a storage unit has potential for ADU conversion, adding future value.

  • Exempt from LA Rent Control

    Crucially, the property is not located in an LA rent control area (NOT RSO), providing investors with greater flexibility in managing rents and tenant relations.

CONSRISKS & DEFICIENCIES

  • Age of Property & Potential System Updates

    Built in 1940, despite recent roof and one unit renovation, the overall age of the property suggests that other core systems (plumbing, electrical, HVAC) in non-renovated units may be original or outdated, potentially requiring future capital expenditure.

  • Tenant Occupancy & Access Limitations

    All three main units are occupied with a strict 'Do not disturb tenants' policy, which can significantly limit access for thorough inspections, showings, and due diligence for potential buyers.

  • Unspecified Condition of All Units

    While Unit 3 was fully renovated, the description lacks specific details regarding the current condition or renovation status of Unit 1 (4/2) and Unit 2 (2/1), implying they may not be as updated and could require future investment.

About 1031 S Ditman

Solid 7200 monthly income with strong tenants!! This is a DREAM property for an investor or occupant owner. This property is not located in LA rent control area, NOT RSO. 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. Do not disturb tenants. All three units are occupied. The detached bonus 1bed 1 bath unit is vacant and previous rent is 1200. Don't miss the opportunity.!This is the house in the area that you can cover all your expense and payment with rental income and enjoy some positive cash flow!

Property Details

Public Facts

Property Type
Triplex
Year Built
1940
Lot Size
6,486 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,0991,802.5
58%
Lot Size6,4866,160
50%
Price$1.09M$687.5K
92%
Price per sq ft$519$424
75%
Built year19401923
83%
HOA$0$0
50%
Days on market39166
8%

Pricing History

Listed for Sale

Mar 2, 2026

$1,089,000

$1,099,000

-1% Price Drop

Initial Listing

Price Change

Feb 1, 2026

$1,099,000

$1,135,000

-3% Price Drop

Initial Listing

Price Change

Jan 26, 2026

$1,135,000

Initial Listing

Sold

Oct 10, 2023

$990,000

Public Record

Sold

May 17, 2018

$525,000

Public Record

Sold

Dec 5, 2003

$289,000

Public Record

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