Deal numbers
- Est. cap rate
- 2.9%
- Assumed rent, all units
- $5,250/mo
- Units
- 3
- Price per unit
- $366,667
- Est. annual NOI
- $31,500
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $59,850
- Operating expenses
- $29,925
- Net operating income
- $29,925
- Annual debt service
- $65,865
- Annual cash flow
- -$35,940
- Cash on cash return
- -13.1%
- Down payment
- $275,000
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Triplex
- Bedrooms
- 4
- Bathrooms
- 3
- Building size
- 1,902 sqft
- Lot size
- 5,513 sqft
- Year built
- 1950
- Stories
- 1
- Garage spaces
- 0
- Heating
- None
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249087360
About this property
Welcome to 829 S Ditman Ave, an exceptional multi-family property in East Los Angeles! Set on a 5,513 sq. ft. lot, this versatile triplex features 3 residential units across 2 detached structures. The 1913 front building offers 1 unit with 2 bedrooms and 1 bathroom (952 sq. ft.). The 1950 rear building provides 2 units with a combined 2 bedrooms and 2 bathrooms (950 sq. ft.). Features include driveway parking for 2 vehicles. Located minutes from Downtown LA, this property offers unbeatable access to the 5, 10, 60, and 710 freeways, plus Metro E Line connections to DTLA and the Arts District. Positioned in the heart of East LA, residents enjoy immediate access to historic Whittier Boulevard's vibrant commercial strip, renowned authentic dining spots, neighborhood bakeries, and local landmarks like Belvedere Park and the historic Golden Gate Theater. Near local schools, community centers, and medical facilities, this unique compound sits within a culturally rich, high-demand neighborhood offering outstanding connectivity, continuous local investment, and enduring Eastside appeal.
Location
829 S Ditman
Los Angeles, Los Angeles, CA, 90023