Log In/Sign Up
407-409 Witmer St
Los Angeles, CA 90017
Witmer Apartments · Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,700 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1920 |
| Building Class | C | ||
| Zoning | R5-2, Los Angeles | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,700 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Zoning | R5-2, Los Angeles |
About 407-409 WITMER ST , LOS ANGELES, CA 90017
8 bungalow style units in prime area just west of Downtown LA with 25% upside in rents. Below market rents and long-term tenants allow significant upside for the new buyer. Separately metered for electricity and gas, the new ownership will enjoy a great tenant profile in a low maintenance and nicely maintained property. Each resident enjoys the quaint 1 bedroom, 1 bath bungalow style unit with lots of Spanish architecture and charm in both interior and exterior. Located just west of Downtown LA in an transitioning area with plenty of large and new developments, the opportunity to acquire this cash flow property will not last long. Priced for a quick sale at only $1,100,000 ($137,500 door).
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Number | 5153-026-020 | Improvements Assessment | $252,594 |
| Land Assessment | $1,010,390 | Total Assessment | $1,262,984 |
Property Taxes
Parcel Number
5153-026-020
Land Assessment
$1,010,390
Improvements Assessment
$252,594
Total Assessment
$1,262,984
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
