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Listed by: Casey Lins (714) 333-6768 DRE #01902650, Vincent Cook DRE #02012324 | Kidder Mathews of California, Inc. (858) 369-3010
$2,975,000
6 Beds
- 20 Baths
8,776sqft
401 Witmer St, Los Angeles, CA 90017
$2,975,000
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Multi Family
Built in 1924
$-- HOA
6,020 sqft lot
$339/sq.ft
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)...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1924
HOA Fees
-
Finished Area
8,776 sqft
Lot Size
6,020 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26719947
MLS Status
Active
Days on Market
108
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