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401 Witmer Street Los Angeles, CA $ 3,300,000
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$ 3,300,000 Get more info
401 Witmer Street
$ 3,300,000
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401 Witmer Street

Los Angeles, CA, 90017
$ 3,300,000
Bedrooms6 Baths14.0 Sq 8,776

Monthly Estimate*

$ 20,319

Listed by Kidder Mathews of California, Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $3,300,000 with 6 bedrooms and 14 full baths. This 8,776 square foot home was built in 1924 on a lot size of 0.1382.

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.

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Multi-Family Active

Price

$ 3,300,000

Bedrooms

6

Full Bath

14

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1382

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26719947

Days on Market

1
Features
General
Living Area 8776
Zoning LAR3
Year Built 1924
Stories Count 2
Levels Two
Gross Income 361585
County Los Angeles
Net Operating Income 205955
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Google Maps: 401 Witmer St Los Angeles CA 90017
City Los Angeles
Disclosures Rent Control
Senior Community Y/N false
Number Of Units Total 20
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 6020
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Cap Rate 6.24
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Interior
Total Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 6
Total Baths 20
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Exterior
Parking Features None
Total Parking 0
Lot Size Area 6020
Number of Buildings 1
Building Area Total 8776
Lot Dimensions 50x120
Lot Size Acres 0.1382
Lot Size Source Assessor
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* Excluded Features
List By
Kidder Mathews Of California, Inc.

Broker

Casey.Lins@kidder.com

Email

Affordability Calculator

$20,319
Per Month
100%
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0%
Monthly Principal & Interest
$20,319
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/14/2026$3,300,000 Listed Price

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401 Witmer Street, Los Angeles, CA, 90017 is a Multi-Family Home for sale at $3,300,000 with 8,776 sqft and a lot size of 0.1382. 401 Witmer Street has 6 bedrooms, 14.0 baths, and was built in 1924. The property's zip code is 90017 which is in Los Angeles, CA

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