Property Description
Discover an outstanding investment opportunity in the heart of East Los Angeles featuring two single-family homes nestled on one expansive lot. This multi-family property presents an immediate rental income stream with a currently tenant-occupied back house, while the vacant front residence is ready for your personal touch or rental strategy. With a combined total of five bedrooms and two bathrooms across both homes, this property offers versatile living arrangements and strong rental potential. The front house presents an ideal canvas for value-add improvements, allowing investors to maximize returns through strategic renovations. Located next to the 5 freeway, residents enjoy convenient access to daily essentials and local attractions. Students benefit from proximity to Esteban E. Torres High School, and commuters appreciate the accessibility to public transportation, including nearby bus stations and the Cal State LA Station. This dual-residence property represents an excellent opportunity for investors seeking to expand their portfolio or homeowners looking to offset their mortgage with rental income. The combination of existing cash flow from the back house and the potential to add value through renovations to the front residence makes this an attractive investment opportunity. Don't miss this chance to own a property with multiple income streams and significant upside potential.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$7,836
TurboHome Estimated Value
$536,200
$374 sqft
High Valuation
$563,010
$393/sqft
Normal Valuation
$536,200
$374/sqft
Low Valuation
$509,390
$355/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $374/sqft | $536,200 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$550K
$570K
$720K
1140 S Ditman Ave, Los Angeles, CA 90023
List Price: $550,000
Subject Property
1140 S Ditman Ave, Los Angeles, CA 90023
Sale Price: $570,000
Selected Comparable
203 S Rowan Ave, Los Angeles, CA 90063
Sale Price: $720,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT1140 S Ditman Ave, Los Angeles, CA 90023
List: $550,000
Listed: 1/2/2025
Area:1,433 sqft
Price/sqft:$384
Beds:5
Baths:2
Year Built:—
Lot Size:5,431
Comparable Properties
COMPARABLEChoose comps
1140 S Ditman Ave, Los Angeles, CA 90023
Sale: $570,000
4/9/2025 • 0.00 mi
Area:1,433 sqft
Price/sqft:$398
Beds:5
Baths:2
Year Built:—
Weight:59.9%
203 S Rowan Ave, Los Angeles, CA 90063
Sale: $720,000
1/30/2025 • 1.02 mi
Area:1,988 sqft
Price/sqft:$362
Beds:5
Baths:2
Year Built:—
Weight:40.1%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1140 S Ditman Ave, Los Angeles, CA 90023 | $550,000 | 1,433 | $384 | 5,431 | — | 1/2/2025 | 5 | 2 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1140 S Ditman Ave, Los Angeles, CA 90023 | $570,000 | 1,433 | $398 | 5,431 | 0.00 mi | 4/9/2025 | 5 | 2 | — | 59.9% | |
203 S Rowan Ave, Los Angeles, CA 90063 | $720,000 | 1,988 | $362 | 6,986 | 1.02 mi | 1/30/2025 | 5 | 2 | — | 40.1% |
Nearby Listings
9 similar properties within 5 miles

List Price: $615,000
4391 Triggs St, Los Angeles, CA 90023
4 bd 1 ba 1,024 sqft
TurboHome Est. Value:
$669,300

List Price: $649,000
3217 Malabar St, Los Angeles, CA 90063
4 bd 2 ba 1,800 sqft
TurboHome Est. Value:
$675,200

List Price: $599,000
954 Geraghty Ave, Los Angeles, CA 90063
4 bd 3 ba 1,032 sqft
TurboHome Est. Value:
$655,300
How it Works
1
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2
We support your home-selling journey
Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
