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401 Witmer St , Los Angeles, CA 90017
$2,975,000
Est. Payment: $14,969.73/mo
1 Bed
2 Bath
8776 Sqft
Status: active | Days on site: 93
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House 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.
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Highlights

Listed by Casey Lins , 714-333-6768 and Vincent Cook , 213-225-7222 Kidder Mathews of California, Inc. , 858-369-3010. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.14

Year Built

1924

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

26719947

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x120
Garage Capacity:0
Zoning:LAR3
Others:2+ Total Units
Principal Interest
$14,970
Taxes
$1,897

Home Price

$2,975,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$595,000
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:
$14,969.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,969.73 $1,896.56 $0.00 $16,866.29
Yearly $179,636.76 $22,758.75 $0.00 $202,395.51
Total $5,389,102.68 $682,762.50 $0.00 $6,071,865.18

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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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: 2026-08-09T00:36:01.000Z

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