1163 N Ditman Avenue, City Terrace, CA 90063

$1,199,000

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List Price
$1,199,000
Status
ACTIVE
MLS#
IN26145656
Year Built
1924
Lot Size
5,052
Acres
0.12
Lot Location
Front Yard, Trees, Yard
Days on Market
19
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

FOUR UNITS READY FOR NEW TENANTS TO MOVE IN RIGHT AWAY WHERE YOU CAN CHARGE MARKET RENTS, great investment property for a First time buyer or investor!!! Live in one and rent out the other three units! NOT under LA CITY RENT CONTROL. Three units open for you to set your own rent prices. It is centrally located and provides easy access to freeways. The property has been well maintained and nicely remodeled over the years it also has great views. Tens of thousands of dollars in not so obvious upgrades from having all new sewers installed to advanced earthquake retrofitting. Highly desirable neighborhood because of proximity to down town. EASY TO SHOW, but do not disturb the tenants. Being sold "AS-IS". Buyer to verify all permits and are responsible for conducting their own due diligence for current building and county requirements & restrictions. This is a MONEY MAKING PROPERTY in the next UP & COMING NEIGHBORHOOD.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$115,000

Listing courtesy of Listing Agent: Susan Stanley (angels4sue@att.net) from Listing Office: HOME TEAM REALTY.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.