$ 799,000
-
$799,000
Price -
4
Bed -
2
Bath -
2,224
SqFt
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About the Listing X8146116 - X89926
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, appx 1,100 SF retail space, a renovated, vacant 2Br+1Ba house of appx. 728 SF, and a 2Br+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 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 4 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. Because the property is mixed-use, unfortunately it will not qualify for a FHA or conventional loan.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Range Hood
- Air Cond: Wall/Window
- Heating: Wall
- Fireplaces: Decorative,Living Room
- Floor: Tile,Engineered Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Low Flow Shower(s),Low Flow Toilet(s),Remodeled,Turnkey,Stone Counters
- Water:
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 4
- Zoning: LCR4*
- Roof: Composition,Flat
- Others:
- Sewer: In Connected and Paid
- Parking Features: Driveway - Concrete,Garage Is Detached,Tandem,Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
600 S Ditman Ave Los Angeles, CA 90023
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