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3 Units Mixed Use in East LA

OFF MARKET

600 S Ditman Ave

# of Units: 3

GRM: 9.86

CAP Rate: 6.63%

Price/SF: $404

Building SF: 2,224

Lot SF: 7,647

Zoning: LCR4

Year Built: 1911

Description

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 of appx. 500 SF 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 retail space includes a 200 SF built-in freezer, and 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 office 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 two 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.

 

Location

East LA is known for its vibrant street art scene, authentic food culture, and long-standing history tied to social and political movements, all while being centrally located with easy access to Downtown LA and surrounding cities. As of early 2026, the median home price in East Los Angeles is roughly in the mid-$600k’s to low-$700k’s. 

Property Highlights​​

  • Rare chance to acquire a retail + residential compound in a high-demand East LA corridor!

  • Retail Store: ±1,100 SF (VACANT)

  • House: 2Br+1Ba, ±728 SF (VACANT, RENOVATED)

  • Apartment: 2Br+1Ba, ±500 SF (LEASED at $1,900/mo)

  • Located in East Los Angeles between the 60 and 5 Freeways, the property benefits from a dense population base, strong rental demand, and close proximity to major transportation corridors

  • The renovated Spanish-style SFR provides strong appeal for either an owner-occupant or a high-quality tenant, adding both charm and premium rental potential to the property

  • The retail space presents strong upside potential and can accommodate a range of uses, whether by revitalizing a neighborhood-serving business such as a corner market, or being used as a creative studio or similar (Buyer to verify zoning & CUP, etc).

  • The property has 2 curb cuts and 2 separate driveways, one for the commercial side and one for the house

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