1317 Linwood , Los Angeles, CA 90017
$1,550,000
Est. Payment: $8,278.08/mo
6 Bed
5 Bath
4862 Sqft
Status: Active | Days on site: 39
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51269 - C19882
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House Description

Multi-family property comprised of 11 units ideally located in in the heart of Los Angeles’ thriving Westlake neighborhood, just minutes from Downtown LA. Situated on a prominent corner at Linwood Avenue and Witmer Street. This property benefits from strong visibility and dual street frontage. As rental rates in surrounding areas continue to climb, Westlake has emerged as a natural overflow market, attracting tenants seeking proximity to employment centers, transit, and lifestyle amenities at more attainable price points. This market trend supports consistent occupancy, minimal vacancy downtime, and the ability to capture rent increases upon tenant turnover, resulting in reliable collections and income stability. The property features a two-building configuration totaling 11 units, offering both stable in-place income and operational flexibility. The main structure is a two-story, 3,520 square foot apartment building comprised of 10 units: 8 studios and 2 one-bedroom/one-bath units (addressed as 1317 Linwood Ave). Complementing the apartment building is a separate 1,342 square foot single-family residence (addressed as 741 Witmer St), configured for two tenants and featuring 5 bedrooms and 2.5 bathrooms, creating an additional income stream and unique value-add potential. Ideally situated, the property offers close proximity to major employment centers, public transportation, shopping, dining, entertainment venues, parks, and cultural institutions. The surrounding area continues to attract young professionals, students, and creatives, driving consistent rental demand and long-term growth. With an in-place cap rate of 6.36%, the asset delivers day-one cash flow, while presenting a clear path to increased returns through rental repositioning, light renovations, and optimized management. The property has been well-maintained over the years. The property’s layout and location also make it well-suited for both traditional and alternative rental strategies, including co-living or furnished rentals.

Highlights

Listed by Carlos Bocanegra , 909-518-1746 ONE WEST REALTY INC , 909-321-9148. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1905

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

CV26175614

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:5
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Corner Lot,No Land Lease
Garage Capacity:0
Others:
  • Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$8,278
Taxes
$988

Home Price

$1,550,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$310,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,278.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,278.08 $988.13 $0.00 $9,266.21
Yearly $99,337.02 $11,857.50 $0.00 $111,194.52
Total $2,980,110.55 $355,725.00 $0.00 $3,335,835.55

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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