410 Witmer Street, Los Angeles, CA 90017

Local realty services provided by:CENTURY 21 Jordan-Link
410 Witmer Street,Los Angeles, CA 90017
$1,995,000
  • - 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:$1,995,000
  • Price per sq. ft.:$249.41

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, 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 7.64 GRM and a 6.55% cap rate on in-place rents, with a clear path to increased cash flow through a strategic...

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Home facts

  • Year built:1928
  • Listing ID #:26829839
  • Added:1 day(s) ago
  • Updated:May 05, 2026 at 06:34 PM

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:$1,995,000
  • Price per sq. ft.:$249.41

Parking

  • Total parking spaces:12
  • Parking description:Assigned, Driveway, Garage, Tandem
  • Garage:Yes
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