410 Witmer Street, Los Angeles, CA 90017
Local realty services provided by:CENTURY 21 Century Real Estate
410 Witmer Street,Los Angeles, CA 90017
$1,825,000
- - Beds
- 20 Baths
- 7,999 sq. ft.
- Multi-family
- Active
Listed by: casey lins, vincent cook
Office: kidder mathews of california, inc.858-369-3010
MLS#:26829839
Source:CRMLS
Price summary
- Price:$1,825,000
- Price per sq. ft.:$228.15
About this home
410 Witmer Street is a 20-unit, wood-frame building with a raised foundation and twelve (12) parking spots, located in a rapidly evolving submarket of Los Angeles, just west of Downtown Los Angeles. The offering represents a compelling value-add opportunity with strong in-place cash flow and significant rental upside, with a new roof and recently upgraded electrical that makes it ideally suited for investors seeking both yield and long-term appreciation. The property consists of a two-story, wood-frame building with a raised foundation, totaling 7,999 rentable square feet on a 9,072 square foot LACW-zoned mid-block lot. Originally constructed in 1928, the asset features a unit mix of twenty (20) studio units and benefits from twelve (12) uncovered on-site tandem parking spaces, an exceptional parking ratio for the area and a meaningful competitive advantage in this dense urban submarket. 410 Witmer Street is currently operating at a 6.99 GRM and a 7.27% cap rate on in-place rents, with a clear path to increased cash flow through a strategic value-add program. By implementing interior renovations, improving operational efficiencies, and capturing mark-to-market rent potential, a new owner can achieve a projected 5.85 GRM and 11.35% cap rate upon stabilization. Situated near the intersection of Witmer Street and W 3rd Street, the property offers excellent connectivity to the 101, 110, and 10 freeways, as well as multiple Metro transit lines. The location benefits from its proximity to high-demand rental neighborhoods including Echo Park, Silver Lake, Elysian Heights, and Koreatown, all of which continue to experience strong tenant demand driven by their access to employment centers, lifestyle amenities, and cultural hubs. 410 Witmer Street presents a rare opportunity to acquire a well-located, income-producing asset with a favorable parking ratio and a clear roadmap to unlocking additional value in one of Los Angeles' most dynamic rental corridors....
Contact an agent
Home facts
- Year built:1928
- Listing ID #:26829839
- Added:136 day(s) ago
- Updated:September 19, 2026 at 11:00 AM
Rooms and interior
- Total bathrooms:20
- Living area:7,999 sq. ft.
Structure and exterior
- Year built:1928
- Building area:7,999 sq. ft.
- Lot area:0.21 Acres
Finances and disclosures
- Price:$1,825,000
- Price per sq. ft.:$228.15
Parking
- Total parking spaces:12
- Parking description:Assigned, Driveway, Garage, Tandem
- Garage:Yes
New listings near 410 Witmer Street
- Coming Soon
$6,600,000Coming Soon3 beds 5 baths3,016 sq. ft.628 Milwood Avenue, Los Angeles, CA 90291
MLS# 26989381Listed by: ENGEL & VLKERS SANTA MONICA - Coming Soon
$2,349,000Coming Soon4 beds 3 baths2,335 sq. ft.6566 W 85th Street, Los Angeles, CA 90045
MLS# SB26199815Listed by: ESTATE PROPERTIES - Coming Soon
$1,189,000Coming Soon3 beds 2 baths1,933 sq. ft.22451 Dolorosa Street, Los Angeles, CA 91367
MLS# 26989507Listed by: RODEO REALTY - Coming Soon
$2,750,000Coming Soon3 beds 2 baths1,656 sq. ft.11373 Homedale Street, Los Angeles, CA 90049
MLS# 26989959Listed by: RODEO REALTY - Coming Soon
$4,985,000Coming Soon6 beds 7 baths4,190 sq. ft.3132 Purdue Avenue, Los Angeles, CA 90066
MLS# 26989999Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL - Coming Soon
$10,998,950Coming Soon5 beds 7 baths7,408 sq. ft.1464 Via Cresta, Pacific Palisades, CA 90272
MLS# SB26204444Listed by: BEACHFRONT PROPERTIES - Coming Soon
$780,000Coming Soon-- beds -- baths1,400 sq. ft.215 E 76 Place, Los Angeles, CA 90003
MLS# SB26204473Listed by: REALTY ONE GROUP UNITED - Coming Soon
$549,900Coming Soon2 beds 1 baths616 sq. ft.4018 Guardia, Los Angeles, CA 90032
MLS# DW26203601Listed by: KELLER WILLIAMS SELA - Coming Soon
$1,799,950Coming Soon4 beds 4 baths3,192 sq. ft.19300 Singing Hills, Porter Ranch, CA 91326
MLS# SR26204090Listed by: RODEO REALTY - Coming Soon
$1,325,000Coming Soon3 beds 2 baths2,029 sq. ft.10070 Barling, Shadow Hills, CA 91040
MLS# SR26203514Listed by: PINNACLE ESTATE PROPERTIES, INC.