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Pending

$749,000

3,736 sqft$200/sqft165 days on market

600 S Ditman Avenue

Los Angeles, CA 90023

· 8% down, 7% APR, 30yr fixed

5

Beds

2

Baths

3,736

Square feet

1911

Built

Listing narrative

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.

Listing agent (MLS): Dana Coronado · Listing brokerage (MLS): Compass

Property Details

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Price

$749,000

Beds

5 bd

Type

House

Home Size

3,736 sqft

Baths

2

Lot Size

0.18 acres

Year

1911

Status

Pending

Days on Market

165

$ / Sqft

$200

· 8% down, 7% APR, 30yr fixed
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Courtesy of Compass