146 Witmer St - Apartments FOR SALE


Los Angeles, CA 90026- City West
$1,749,900 USD
213-590-9908
146 Witmer St, Los Angeles, CA for Sale
$1,749,900 USD
Apartments - FOR SALE
1/18
null | 6.41% Cap Rate

146 Witmer St
Los Angeles, CA 90026
City West


HIGHLIGHTS

  • Turnkey 5-Unit Portfolio: Fully renovated property, featuring a mix of studio, 1BD, and 2BD units with modern finishes and zero deferred maintenance.
  • Strong 6%+ CAP Rate: High-yield investment opportunity in a high-demand rental market, optimized for immediate cash flow and quality tenant retention.
  • Exceptionally located near the Financial District with easy freeway access, ensuring long-term appreciation and low vacancy rate.

OVERVIEW

Excellent investment opportunity near Downtown Los Angeles featuring a fully renovated multi-unit property with strong income potential and an attractive CAP rate over 6%. This upgraded property consists of five units total: 1 studio, 3 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit. All units have been newly remodeled with modern finishes, offering bright and functional floor plans designed to attract quality tenants. Each unit features comfortable living space with abundant natural light, updated kitchens with new countertops, and ample cabinetry. Recent renovations provide a turnkey investment with minimal deferred maintenance. Conveniently located near Downtown LA with easy access to shopping, dining, public transportation, and major freeways, making it an ideal rental location in a high-demand market. Perfect opportunity for investors and 1031 exchange buyers seeking steady income and long-term growth potential.

FOR SALE DETAILS

PRICE

$1,749,900 USD

PRICE/SF

$732 USD /SF

# OF UNITS

5

PRICE/UNIT

$349,980

CAP RATE

6.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

LACW

APN/PARCEL ID

5153-030-016

ASK ABOUT THIS PROPERTY

Koeun HwangUrban Real Estate IncMore Info
213-590-9908

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Koeun HwangUrban Real Estate IncMore Info
213-590-9908

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.