1031 S Ditman Ave Los Angeles, CA 90023
Estimated payment $7,369/month
Highlights
- Park
- Laundry Room
- 1-minute walk to Salazar Park
- James A. Garfield Senior High School Rated A
- 1-Story Property
About This Home
Great Investment Opportunity in Central Los Angeles! Don't miss this rare chance to own a well-performing triplex situated in the heart of Los Angeles. This property features three income-generating units across five detached buildings, each with its own private entry, offering added privacy and convenience for tenants. Front Unit: Spacious 4 bedrooms, 2 bathrooms with a large living room—ideal for a big family. Middle Unit: 2 bedrooms, 1 bathroom. Rear Unit: 2 bedrooms, 1 bathroom. A long driveway provides ample parking space for multiple vehicles, and there are two detached storage rooms with potential for ADU conversion (buyer to verify). The property is conveniently located near Downtown Los Angeles, the Metro Gold Line, and has easy access to major freeways including the 5, 10, 60, and 710—perfect for commuters or future development potential. Whether you're looking to expand your rental portfolio or live in one unit and rent out the others, this triplex offers excellent flexibility and upside potential.
Listing Agent
KW Executive Brokerage Phone: 626-255-7833 License #01042743 Listed on: 07/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,617
Year Built
- Built in 1940
Lot Details
- 6,486 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,099 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Listing and Financial Details
- Tax Lot 109
- Tax Tract Number 531
- Assessor Parcel Number 5239004058
- $1,603 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
Recreation
- Park
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,600
- Water Sewer Expense $3,600
- New Taxes Expense $14,280
- Operating Expense $20,480
- Gross Income $86,400
- Net Operating Income $65,920
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,617 | $1,009,800 | $561,000 | $448,800 |
| 2024 | $13,617 | $990,000 | $550,000 | $440,000 |
| 2023 | $8,341 | $574,161 | $322,623 | $251,538 |
| 2022 | $7,977 | $562,904 | $316,298 | $246,606 |
| 2021 | $7,884 | $551,868 | $310,097 | $241,771 |
| 2020 | $7,938 | $546,210 | $306,918 | $239,292 |
| 2019 | $7,657 | $535,500 | $300,900 | $234,600 |
| 2018 | $5,634 | $361,115 | $173,684 | $187,431 |
| 2016 | $5,405 | $347,094 | $166,941 | $180,153 |
| 2015 | $5,329 | $341,881 | $164,434 | $177,447 |
| 2014 | $5,336 | $335,185 | $161,213 | $173,972 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Price Changed | $1,170,000 | -1.7% | $557 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $1,190,000 | +900.0% | $567 / Sq Ft |
| 07/07/2025 07/07/25 | For Sale | $119,000 | -88.0% | $57 / Sq Ft |
| 10/06/2023 10/06/23 | Sold | $990,000 | +1.1% | $472 / Sq Ft |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | For Sale | $979,000 | +86.5% | $466 / Sq Ft |
| 05/17/2018 05/17/18 | Sold | $525,000 | +5.0% | $250 / Sq Ft |
| 04/01/2018 04/01/18 | Pending | -- | -- | -- |
| 03/21/2018 03/21/18 | For Sale | $500,000 | -- | $238 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $990,000 | Wfg National Title | |
| Grant Deed | $525,000 | None Available | |
| Grant Deed | $289,000 | Orange Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $742,000 | New Conventional | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $499,999 | Unknown | |
| Previous Owner | $126,000 | Credit Line Revolving | |
| Previous Owner | $270,000 | Unknown | |
| Previous Owner | $216,750 | Purchase Money Mortgage | |
| Previous Owner | $163,963 | Unknown | |
| Previous Owner | $36,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25150980
APN: 5239-004-058
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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