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$2,975,000
 $15,970 est/mo Sourced by Back At You

401 Witmer Street,Los Angeles, CA 90017

Los Angeles, CA 90017

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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 8.23 GRM and a 7.05% CAP on actual rents, with upside potential to achieve an 8.08 GRM and an 7.27% 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.

Details

MLS #26719947
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1924
Days On Site129
Listing Provided ByKidder Mathews of California, Inc. | Casey Lins

Features

Bed(s)6
Bath(s)20
SQ Feet8,776
Story(s)2
Units20
Building(s)1
ZoningLAR3
Acreage0.14

Parking

Parking FeaturesNone

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90017
AreaC42 Downtown L.A.
Listing VS Median (in 90017)
Price:
$2,975,000
low | high
Med:
$482,500
100% of Average
sqft:
8,776
low | high
Med:
615
100% of Average
$ / sqft:
$339
low | high
Med:
$823
92.876414565826% of Average
On site:
129
low | high
Med:
158.5
81.388012618297% of Average
Sourced by Back At You

Market Activity 90017

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90017
AreaC42 Downtown L.A.
Listing VS Median (in 90017)
Price:
$2,975,000
low | high
Med:
$482,500
100% of Average
sqft:
8,776
low | high
Med:
615
100% of Average
$ / sqft:
$339
low | high
Med:
$823
92.876414565826% of Average
On site:
129
low | high
Med:
158.5
81.388012618297% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.231M - $3.718M
sqft: 6,500 - 10,500
Nearby Listings Property ImageNearby Listings Details
401 Witmer Street Property Photo 1
$3,300,000
401 Witmer Street
Los Angeles, CA 90017
400 Witmer Street Property Photo 1
$3,350,000
400 Witmer Street
Los Angeles, CA 90017
410 Witmer Street Property Photo 1
$1,895,000
410 Witmer Street
Los Angeles, CA 90017
Listing Updated: July 17, 2026 at 5:27:18 PM PDT

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