$749,000
600 S Ditman Avenue
Los Angeles, CA 90023
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.
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
Courtesy of Compass






