962 N Ditman, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 1 bath
962 N Ditman
Los Angeles, California 90063
Property Price
SUMMARY
Analysis of 962 N Ditman, Los Angeles, California 90063 reveals a property with a current list price of $799,900, which is 19% above the estimated $647,693 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 962 N Ditman Subject | $799,900* List Price | 3 | 1 | 1,392 | $465 | - |
A 221 N Herbert Avenue Sold | $733,000 | 3 | 2 | 1,380 | $531 | 0.7 mi |
B 471 N Ditman Avenue Sold | $815,000 | 4 | 2 | 1,186 | $687 | 0.4 mi |
C 1268 N Hicks Avenue Sold | $750,000 | 3 | 2 | 1,700 | $441 | 0.4 mi |
D 3814 Bostwick Street Sold | $830,000 | 4 | 2 | 1,779 | $467 | 0.4 mi |
E 3010 Boulder Pending | $724,900 List Price | 3 | 2 | 1,170 | $620 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1927, this property is significantly aged. While the interior appears clean, it is very dated with older tiled flooring throughout and basic fixtures. The kitchen is only partially visible but suggests an outdated setup, and with only one bathroom for three bedrooms, it's highly likely to be in need of a complete overhaul. The exterior shows considerable wear, and the backyard features old, possibly unpermitted structures. The listing itself highlights the property's 'potential' and explicitly mentions 'TEAR DOWN BUILD APARTMENTS' or 'REHAB AND PERMIT CURRENT STRUCTURES,' indicating that the existing structure requires substantial renovation, modernization, and likely structural updates to meet contemporary standards. This aligns with the 'poor' condition criteria of requiring substantial repairs and rehabilitation, with major components likely needing significant work.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8948, living area = 1392.
- Exceptional Lot Size
A generous 8,948 sqft lot provides ample space for expansion, landscaping, or significant future development.
- Significant Development Potential
The property offers diverse opportunities for investors and homeowners, including ADU additions, multi-unit development, or a complete tear-down and rebuild, subject to city regulations.
CONSRISKS & DEFICIENCIES
- Property Age & Condition
Built in 1927, the home likely requires substantial renovation, modernization, or structural updates to meet contemporary standards and maximize its potential.
- Limited Bathroom Facilities
With only one bathroom for three bedrooms, the property may present functional challenges for larger households or those desiring more amenities.
- Extensive Buyer Verification Required
The listing explicitly states that square footage, lot size, and development potential (ADU/land use) are estimates and subject to buyer's independent verification and city approval, indicating potential complexities and costs.
About 962 N Ditman
***HUGE LOT*** THIS SPACIOUS PROPERTY OFFERS SO MUCH POTENTIAL FOR THE RIGHT BUYER WITH A VISION. MAIN HOUSE OFFERS 1392 SQFT OF LIVING SPACE, 3 LARGE BEDROOMS, 1 BATHROOM, LARGE KITCHEN WITH DINING NOOK, SPACIOUS LIVING ROOM. THE HOME IS ELEVATED OFFERING A PEAK-A-BOO VIEW OF LOS ANGELES. THE VALUE AND POTENTIAL IS IN THE LOT SPACE OF 8,948 SQFT! ADU?… TEAR DOWN BUILD APARTMENTS?… REHAB AND PERMIT CURRENT STRUCTURES?… ENDLESS POSSIBILITIES! INCREDIBLE OPPORTUNITY FOR HOMEOWNERS AND INVESTORS ALIKE. SITTING ON A GENEROUS LOT, THIS PROPERTY IS AWAITING YOUR VISION TO BRING IT TO ITS FULLEST POTENTIAL, MANY POSSIBILITIES. JUST MINUTES FROM DOWNTOWN L.A., THE ARTS DISTRICT, LITTLE TOKYO, AND MAJOR FREEWAYS I-5, I-10, US 101. SHORT WALK TO METRO LINK. THIS IS MORE THAN JUST A HOME ITS A GREAT INVESTMENT. The square footage, lot size, and bedroom/bathroom count are estimates buyer must verify these details independently. ADU and land use is subject to buyer's investigation and approval of all applicable City of Los Angeles zoning regulations, building codes, and permit requirements.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 8,948 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,392 | 1,133 | 71% |
| Lot Size | 8,948 | 4,716.5 | 98% |
| Price | $799.9K | $699.5K | 67% |
| Price per sq ft | $575 | $601 | 38% |
| Built year | 1927 | 1926 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 175 | 24% |
Pricing History
Listed for Sale
Nov 19, 2025
$799,900
Initial Listing
Sold
Dec 30, 2013
$270,000
Public Record
Sold
Nov 7, 1996
$146,000
Public Record