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962 N Ditman, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 1 bath

962 N Ditman, Los Angeles, California 90063 home-pic-0
ACTIVE$799,900
962 N Ditman, Los Angeles, California 90063
3Beds
1Bath
1,392Sqft
8,948Lot
Year Built
1927
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$575
HOA
-
Days on market
-
Sold On
-
MLS number
CV25262047
Home ConditionPoor
Features
Good View: None
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,6 Pros. Rank: price - $799.9K(75th), sqft - 1392(78th), beds - 3(50th), baths - 1(43th).

***HUGE LOT*** THIS SPACIOUS PROPERTY OFFERS SO MUCH POTENTIAL FOR THE RIGHT BUYER WITH A VISION. MAIN HOUSE OFFERS 1392 SQFT OF LIVING SPACE, 3 LARGE BEDROOMS, 1 BATHROOM, LARGE KITCHEN WITH DINING NOOK, SPACIOUS LIVING ROOM. THE HOME IS ELEVATED OFFERING A PEAK-A-BOO VIEW OF LOS ANGELES. THE VALUE AND POTENTIAL IS IN THE LOT SPACE OF 8,948 SQFT! ADU?… TEAR DOWN BUILD APARTMENTS?… REHAB AND PERMIT CURRENT STRUCTURES?… ENDLESS POSSIBILITIES! INCREDIBLE OPPORTUNITY FOR HOMEOWNERS AND INVESTORS ALIKE. SITTING ON A GENEROUS LOT, THIS PROPERTY IS AWAITING YOUR VISION TO BRING IT TO ITS FULLEST POTENTIAL, MANY POSSIBILITIES. JUST MINUTES FROM DOWNTOWN L.A., THE ARTS DISTRICT, LITTLE TOKYO, AND MAJOR FREEWAYS I-5, I-10, US 101. SHORT WALK TO METRO LINK. THIS IS MORE THAN JUST A HOME ITS A GREAT INVESTMENT. The square footage, lot size, and bedroom/bathroom count are estimates buyer must verify these details independently. ADU and land use is subject to buyer's investigation and approval of all applicable City of Los Angeles zoning regulations, building codes, and permit requirements.

Price History

Date
Event
Price
11/19/25
Listing
$799,900
12/30/13
Sold
$270,000
11/07/96
Sold
$146,000
Condition Rating
Poor
Built in 1927, this property is significantly aged. While the interior appears clean, it is very dated with older tiled flooring throughout and basic fixtures. The kitchen is only partially visible but suggests an outdated setup, and with only one bathroom for three bedrooms, it's highly likely to be in need of a complete overhaul. The exterior shows considerable wear, and the backyard features old, possibly unpermitted structures. The listing itself highlights the property's 'potential' and explicitly mentions 'TEAR DOWN BUILD APARTMENTS' or 'REHAB AND PERMIT CURRENT STRUCTURES,' indicating that the existing structure requires substantial renovation, modernization, and likely structural updates to meet contemporary standards. This aligns with the 'poor' condition criteria of requiring substantial repairs and rehabilitation, with major components likely needing significant work.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8948, living area = 1392.
Exceptional Lot Size: A generous 8,948 sqft lot provides ample space for expansion, landscaping, or significant future development.
Significant Development Potential: The property offers diverse opportunities for investors and homeowners, including ADU additions, multi-unit development, or a complete tear-down and rebuild, subject to city regulations.
Strategic Urban Location: Situated minutes from Downtown LA, the Arts District, Little Tokyo, and major freeways (I-5, I-10, US 101), with convenient walking access to Metro Link.
Strong Investment Value: Positioned as a prime investment due to its large lot, development potential, and desirable location in a growing urban area.
Partial City Views: An elevated position provides a 'peak-a-boo' view of the Los Angeles skyline, adding a desirable aesthetic element.

Cons

Property Age & Condition: Built in 1927, the home likely requires substantial renovation, modernization, or structural updates to meet contemporary standards and maximize its potential.
Limited Bathroom Facilities: With only one bathroom for three bedrooms, the property may present functional challenges for larger households or those desiring more amenities.
Extensive Buyer Verification Required: The listing explicitly states that square footage, lot size, and development potential (ADU/land use) are estimates and subject to buyer's independent verification and city approval, indicating potential complexities and costs.

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