$1,385,000
$100K PRICE DROP

1163 N Ditman Ave Los Angeles, CA 90063

Estimated payment $8,131/month

Total Views 728
6 Beds
4 Baths
2,653 Sq Ft
$522 Price per Sq Ft

Highlights

  • Wooded Lot
  • Private Yard
  • Laundry Room
  • Abraham Lincoln High School Rated A

About This Home

Four unit property, great investment property for a First time buyer or investor!!! NOT under LA CITY RENT CONTROL. Three units open for you to set your own rent prices. Live in one and rent the rest. Income generating property opportunity!! It is centrally located and provides easy access to freeways. The property has been well maintained and nicely remodeled over the years. The property has great views. Thousands of dollars in not so obvious upgrades from having all new sewers installed to advanced earthquake retrofitting. Highly desirable neighborhood because of proximity to down town. Please drive by the property, but do not disturb the tenants. Being sold "AS-IS". Buyer to verify all permits and are responsible for conducting their own due diligence for current building and county requirements & restrictions. This is a MONEY MAKING PROPERTY in the next UP & COMING NEIGHBORHOOD.

Listing Agent

Susan Stanley

HOME TEAM REALTY Brokerage Phone: 310-729-1954 License #01245496 Listed on: 07/01/2025

HOME TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,011

Year Built

  • Built in 1924

Lot Details

  • 5,052 Sq Ft Lot
  • 1 Common Wall
  • Wooded Lot
  • Private Yard
  • Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 2,653 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 56 / 5
  • Tax Tract Number 5750
  • Assessor Parcel Number 5229015018

Community Details

Overview

  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Water Sewer Expense $120
  • Operating Expense $220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,011

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Other Phone Description: 310-729-1954
  • Price Per Unit: 346250
  • Property Attached: Yes
  • Water Sewer Expenses: 120.00
  • Zoning: LCR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 5229015018
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 522.05

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Treed Lot, Yard
  • Lot Size Sq Ft: 5052.00
  • Lot Size Acres: 0.1160

Multi Family

  • Gross Scheduled Income: 115000.00
  • Lot Size Area: 5052.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Expenses: 220.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5308.01
  • Tax Lot: 56
  • Tax Tract Number: 5750

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,011 $406,358 $184,707 $221,651
2024 $7,011 $398,391 $181,086 $217,305
2023 $6,568 $390,581 $177,536 $213,045
2022 $6,311 $697,456 $287,025 $410,431
2021 $6,154 $375,416 $170,643 $204,773
2020 $6,188 $371,568 $168,894 $202,674
2019 $5,992 $364,283 $165,583 $198,700
2018 $5,881 $357,141 $162,337 $194,804
2016 $5,645 $343,275 $156,034 $187,241
2015 $5,566 $338,120 $153,691 $184,429
2014 $5,576 $331,498 $150,681 $180,817
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $1,385,000 0.0% $522 / Sq Ft
08/18/2025 08/18/25 Off Market $1,385,000 -- --
07/24/2025 07/24/25 Price Changed $1,385,000 -6.7% $522 / Sq Ft
07/01/2025 07/01/25 For Sale $1,485,000 -- $560 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed -- None Available
Grant Deed $330,000 Old Republic Title Co
Interfamily Deed Transfer -- Old Republic Title Co
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Old Republic Title Co
Quit Claim Deed -- Old Republic Title Co La
Trustee Deed -- Provident Title Company
Grant Deed -- None Available
Grant Deed -- None Available
Corporate Deed $260,000 None Available
Trustee Deed $407,510 None Available
Grant Deed $600,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $324,022 FHA
Previous Owner $345,000 Purchase Money Mortgage
Previous Owner $120,000 Stand Alone Second
Previous Owner $480,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN25144451

California Regional Multiple Listing Service (CRMLS)

APN: 5229-015-018