Skip To Content

944 N Ditman Avenue

City Terrace, CA 90063
  • $1,299,990
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: IV22166916
UPDATED: 13 min ago
$1,299,990
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Brian Kensinger of Brian Kensinger, Broker (310-694-6549)


Description

ATTENTION ALL INVESTORS !! FULLY REMODELED!!!FULLY REMODELED! LITTLE TO NO DIFFERED MAINTENANCE . 5 UNIT APARTMENT W/ DESIGNATED PARKING ON SITE ( 12 Possible Parking spaces) !POTENTIAL UPSIDE IN RENTS !! CENTRALLY LOCATED IN DESIRABLE NEIGHBORHOOD IN EAST LA/ CITY TERRACE ! SELLER ALSO SUBMITTING FOR 6TH UNIT 1 BED 1 BATH! . SELLER TO TURNOVER PLANS FOR 6TH UNIT TO BUYER AT COE. GREAT INCOME GENERATOR!! Absolutely stunning complex! Has ample parking w/ parking spaces set up for ALL tenants! These 5 units have been completely rehabbed from top to bottom. All units have beautiful Laminate Flooring throughout, New interior paint, beautiful baseboards throughout, new plumbing fixtures, new light fixtures and ceiling fans, brand new wall air conditioners & wall heating units. Kitchens have new cabinets, Quartz and Counter Tops. Bathrooms have new cabinets Quartz Counter Tops and custom tile in shower. Fully Occupied. Great potential for upside in rents for future buyer !! Coin laundry also generates income and is contracted w/ third party . The pictures on MLS are photos prior to occupancy .BRAND NEW FLATWORK/ BLOCK WALLSPlenty of parking and quaint grass area to enjoy a nice BBQ however Seller has plans of submitting for a brand new 6th unit ( possible additional 1 bed 1 bath) as well in this area of the property !! Seller shall turn over to buyer plans for 6th unit upon close of escrow. Great potential !!This complex is located in the County. TENANTS ARE EXTREMELY COOPERATIVE AND FRIENDLY BUT DO NOT DISTURB TENANTS! NO SHOWINGS WITHOUT AN ACCEPTED OFFER.! PLEASE CALL BROKERAGE TO DISCUSS.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T23:30:22.067. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/131394406
Print Image

944 N Ditman Avenue City Terrace, CA 90063

  • Price: $1,299,990
  • Status: Active
  • On Site: 12 Days
  • Updated: 13 min ago
  • ID#: IV22166916
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1921
Built
Neighborhood:
CTER - City Terrace
County:
Los Angeles
Area:
CTER - City Terrace
Property Description
ATTENTION ALL INVESTORS !! FULLY REMODELED!!!FULLY REMODELED! LITTLE TO NO DIFFERED MAINTENANCE . 5 UNIT APARTMENT W/ DESIGNATED PARKING ON SITE ( 12 Possible Parking spaces) !POTENTIAL UPSIDE IN RENTS !! CENTRALLY LOCATED IN DESIRABLE NEIGHBORHOOD IN EAST LA/ CITY TERRACE ! SELLER ALSO SUBMITTING FOR 6TH UNIT 1 BED 1 BATH! . SELLER TO TURNOVER PLANS FOR 6TH UNIT TO BUYER AT COE. GREAT INCOME GENERATOR!! Absolutely stunning complex! Has ample parking w/ parking spaces set up for ALL tenants! These 5 units have been completely rehabbed from top to bottom. All units have beautiful Laminate Flooring throughout, New interior paint, beautiful baseboards throughout, new plumbing fixtures, new light fixtures and ceiling fans, brand new wall air conditioners & wall heating units. Kitchens have new cabinets, Quartz and Counter Tops. Bathrooms have new cabinets Quartz Counter Tops and custom tile in shower. Fully Occupied. Great potential for upside in rents for future buyer !! Coin laundry also generates income and is contracted w/ third party . The pictures on MLS are photos prior to occupancy .BRAND NEW FLATWORK/ BLOCK WALLSPlenty of parking and quaint grass area to enjoy a nice BBQ however Seller has plans of submitting for a brand new 6th unit ( possible additional 1 bed 1 bath) as well in this area of the property !! Seller shall turn over to buyer plans for 6th unit upon close of escrow. Great potential !!This complex is located in the County. TENANTS ARE EXTREMELY COOPERATIVE AND FRIENDLY BUT DO NOT DISTURB TENANTS! NO SHOWINGS WITHOUT AN ACCEPTED OFFER.! PLEASE CALL BROKERAGE TO DISCUSS.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common WallNo One Above Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Gutter(S) Contingency Do Not Disturb Tenants! No Showings Without An Accepted Offer.! Please Call Brokerage To Discuss. Pictures Are Prior To Occupancy Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 108000 Inclusions Laundry Shed Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 86400 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 21600 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGasOtherParking FeeSee RemarksTrash CollectionWater Total Actual Rent 9000 Trash Expense 0 Utilities Sewer ConnectedSee Remarks Water Sewer Expense 0 Water Source See Remarks Zoning Lcr2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T23:30:22.067. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369476537-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369476537-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369476537-1.jpg
Logo
American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing Agent(s): Brian Kensinger of Brian Kensinger, Broker (310-694-6549)