20
See all 20 photos
$3,300,000
Est. payment /mo
6 Beds
20 Baths
8,776 SqFt
New
401 Witmer ST Los Angeles, CA 90017
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,776 sqft
Price per Sqft $376
MLS Listing ID 26719947
Bedrooms 6
HOA Y/N No
Year Built 1924
Lot Size 6,019 Sqft
Lot Dimensions Assessor
Property Description
We are proud to present 401 Witmer St, a 20-unit multifamily community located in the North West Lake neighborhood of Los Angeles, offered at a 9.13 GRM and a 6.24% CAP on actual rents, with upside potential to achieve an 8.96 GRM and an 6.43% CAP with market rents. The property is comprised of one, two-story building consisting of a total of 8,776 rentable square feet. Built in 1923, the property sits on a 6,020 square foot LAR3-zoned midblock lot. The unit mix features six (6) one-bedroom one-bathroom units and fourteen (14) studio units. Fourteen out of sixteen units have been renovated, and there are currently four VACANT units: one (1) one-bedroom unit and three (3) studio units. Located off of Witmer St and W 3rd St nearby Gratts Elementary School and Contreras High School, this location offers excellent access with close proximity to the 101, 110 and 10 freeways, multiple Metro stations, and easy access to Downtown Los Angeles and neighboring communities such as Silver Lake, Echo Park, Elysian Heights, Koreatown and more. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features None
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5153026018
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH