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944 Ditman Avenue

City Terrace, CA 90063

$1,150,000 Sale Price
Est. Payment: $ 0/mo
7
Bed
0
Bath
2,500 Sq. Ft.
$520 / Sq. Ft.
Sold

944 Ditman Avenue

City Terrace, CA 90063

Sold
$1,150,000 Sale Price
$0/mo
7
Bed
0
Bath
2,500
Sq. Ft.
1 /
Welcome to 944 N. Ditman Ave in up and coming City Terrace! This 5 unit turn key beauty is conveniently nestled in between the communities of East Los Angeles, Boyle Heights, El Sereno & Lincoln Heights. Great opportunity for the savvy investor who is looking for a low maintenance income producing property as no inch was spared in the remodeling of this entire property! Each unit has newer modern grey laminate flooring throughout, newer recessed lighting and light fixtures/ceiling fans, newly installed wall air conditioners & wall heating units...newer energy efficient dual paned windows throughout allowing plenty of natural light to permeate every corner...Kitchens & bathrooms have newer shaker cabinets/vanities with light marble colored quartz counter tops. Each full bathroom has beautifully finished tile in showers & niches. The costliest of items/finishing has already been installed eg electrical, plumbing, block walls etc thereby saving the new owner the normal hefty costs & time associated with new acquisitions! Upside potential!!...Although the current great rents currently paid by the existing tenants, there's still room to raise rents. Low maintenance with plenty of hardscape on the property grounds. Plenty of parking in this gated property = happy tenants!! On site coin laundry which generates additional income and is contracted w/a third party. Bonus grassy/DG area at the rear of the property for residents to enjoy BBQs & entertain guests etc. Why City Terrace? Aside from residing in the unincorporated area of LA County, City Terrace is home to City Terrace Park which has pools, basketball and tennis courts, a playground, a splash pad, picnic areas, a gymnasium...offering plenty of activities for the local community...the City Terrace Library & the plethora of art murals throughout City Terrace are additional examples of the community benefits that help ensure low turnover of tenants!! Potential to add an additional unit = extra future income potential (Seller will provide buyer w/copies of plans to build a 6th 1 bed/1 bath unit). Plenty of public transportation close by such as the Metro Gold Line which runs from ELA through DTLA and ends in Azusa. Add this gem to your portfolio of income producing properties TODAY!!
PROPERTY INFORMATION
MLS # DW23058581 Lot Size 7,521 Sq. Ft.
HOA Fees $0/Monthly Property Type Commercial/Residential
Price $ 1,298,888
Price Per SqFt: $ 520
DOM 757 Days
Address 944 Ditman Avenue Type Residential Income
City City Terrace Sq.Ft. 2,500 Sq. Ft.
Postal Code 90063 Garage N/A
County Los Angeles Year Built 1921
Bed / Bath 7 / 0 Parking 10
Built In 1921 Status Closed
Sold Date 2023-07-24
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Common Area, Community
Has Fireplace No
Fireplace Information None
Has Heating Yes
Heating Information Wall Furnace
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
Flooring Information Laminate, Tile
InteriorFeatures Information Ceiling Fan(s), Copper Plumbing Full, Quartz Counters, Recessed Lighting, Unfurnished
EntryLocation from street
Entry Level 1
Has Spa No
SpaDescription None
WindowFeatures Double Pane Windows, ENERGY STAR Qualified Windows
SecuritySafety Carbon Monoxide Detector(s), Smoke Detector(s)
EXTERIOR FEATURES
Roof Composition, Shingle
Has Pool No
Pool None
Has Fence Yes
Fencing Block, Wrought Iron
WALKSCORE
  Walk Score: 67 (Somewhat Walkable)
  Transit Score: 51 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,385
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
07/24/2023 Sold $1,150,000
06/12/2023 Active $1,298,888
05/01/2023 Pending $1,298,888
04/11/2023 Listed $1,298,888
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Jennifer Avellan, Keller Williams SELA. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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