600 S Ditman Avenue,Los Angeles, CA 90023
Los Angeles, CA 90023
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 retail space, a renovated, vacant 2Br+1Ba house and a 3Br+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 retail 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 two 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.
Details
| MLS # | 26838659 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1911 |
| Days On Site | 138 |
| Listing Provided By | Compass | Dana Coronado |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 3,736 |
| Garage | 2 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | LCR4* |
| Acreage | 0.18 |
| Property View | None |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Disposal, Range Hood |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Composition |
|---|---|
| Security Features | Carbon Monoxide Detectors, Gated Community, Smoke Detectors, Window Bars |
| Construction Materials | Brick, Stucco |
| Foundation Details | Raised, Slab |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Concrete, Garage, Gated, Tandem |
| Garage Yes / No | Yes |
Utilities
| Sewer | Sewer Tap Paid |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90023 |
| Area | ELA East Los Angeles |
| Listing VS Median (in 90023) | |
Price: $749,000 low | high Med: $1,149,000 sqft: 3,736 low | high Med: 3,968 $ / sqft: $200 low | high Med: $291 On site: 138 low | high Med: 320 | |
Market Activity 90023
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90023 |
| Area | ELA East Los Angeles |
| Listing VS Median (in 90023) | |
Price: $749,000 low | high Med: $1,149,000 sqft: 3,736 low | high Med: 3,968 $ / sqft: $200 low | high Med: $291 On site: 138 low | high Med: 320 | |
