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944 Ditman Avenue
City Terrace, CA 90063
Sold
944 Ditman Avenue
City Terrace, CA 90063
Sold
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 | 781 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
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,385
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
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
REALTOR®
(844)-333-8033
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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.
