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Listed by: Justin McCardle (310) 606-0192 DRE #01895720 | Growth Investment Group Pasade (626) 594-4900
$2,500,000
Monthly Est:$12,443
1 Bed
2 Baths
12,000sqft
280 Witmer, Los Angeles, CA 90026
$2,500,000
$12,443/moEst:
Get Pre-Approved
Apartment
Built in 1927
$-- HOA
7,710 sqft lot
$208/sq.ft
Description
The Witmer Apartments (280 Witmer St), a 23-unit value-add multifamily opportunity located in the heart of the rapidly evolving Westlake submarket of Los Angeles. Offered at a competitive basis of $115,200 per unit and $221 per square foot, the property features a strong in-place CAP rate of ±7.38% and GRM of 7.96x, providing immediate cash flow with substantial upside potential. The property offers approximately ±35% rental upside, with in-place rents that have historically performed at or above market levels within the Westlake submarket. This presents investors with a compelling opportunity to acquire a well-performing asset with clear pathways to increase revenue thro...
Continue Reading- Houzeo last checked: 2 minutes ago
- Listing updated: August 27, 2026 at 4:58 pm
- Source: California Regional MLS-CA | MLS#: AR26080904
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1927
HOA Fees
-
Finished Area
12,000 sqft
Lot Size
7,710 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26080904
MLS Status
Active
Days on Market
136
Cumulative Days on Market
113
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 2
Interior
Sewer
Public Sewer
Utilities & Energy
Laundry Features
None
Pool Features
None
Water Source
Public
Other Features
Lot Features
No Landscaping
Community Features
Urban
Price History
| Date | Event | Price |
|---|---|---|
05/06/2026 Source: | Price Decreased | $2,500,000 -5.66% $208/sqft |
05/06/2026 Source: | Listed for Sale | $2,650,000 $221/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 02:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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