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24-Unit Apartment Building
For Sale
$3,350,000
Pending

400 Witmer St, Los Angeles, CA 90017

Residential Income, Los Angeles, CA

Property Size9,800 SF
Lot Size0.16 Acres
Days on Market771

Property Features for 400 Witmer St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LACW
Bedrooms 9
Bathrooms 24
Full bathrooms 2
Rooms Bedroom 1, Bathroom 16, Bedroom 9, Bathroom 2, Bathroom 10, Bathroom 18, Bedroom 4, Bathroom 7, Bedroom 6, Bathroom 4, Bathroom 5, Bathroom 17, Bathroom 8, Bathroom 6, Bathroom 11, Bathroom 13, Bathroom 15, Bathroom 19, Bathroom 21, Bathroom 22, Bathroom 24, Bathroom 3, Bathroom 14, Bedroom 8, Bathroom 9, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 2, Bathroom 23, Bathroom 20, Bathroom 12, Bedroom 3
Directions 400 Witmer is 1.5 miles from Echo Park Lake and the heart of Downtown LA. Located just south of West 3rd St, the property is in close proximity to Echo Park, Silver Lake, Koreatown, the 101 Fwy, and the 110 Fwy.
Subdivision Downtown L.A.
Standard status Pending
APN 5153-025-012
Size 9,800 SF
Lot size 0.16 Acres

Building Details

Year built 1924
Floors in Building 2
Number of units 24
Listing Agency: Compass
Listed By: Max Berger · License #02054048
Added: Aug 5, 2024 Changed: Sep 14 Last Checked: Sep 14 at 10:06AM
MLS# 24-424029

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1924, this two-story apartment property contains 24 units across 9,800 square feet. The unit mix includes 9 one-bedroom apartments and 15 studios, with one studio currently vacant. Residents pay their own electrical utilities, while gas service is master metered. The property is zoned LACW.

The building sits at 400 Witmer St in Los Angeles, approximately 1.4 miles south of Echo Park Lake. Its location provides access to Echo Park, Silver Lake, Koreatown, Downtown Los Angeles, the 101 Freeway, and the 110 Freeway. The asset is also identified as part of a four-building, 84-unit grouping within one block of Witmer St, although it can be purchased separately.

Key Highlights

  • 24‑unit apartment property built in 1924
  • Unit mix includes 9 one‑bedroom units and 15 studio units
  • 9,800 square feet across two stories

Property Analytics

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Current Use

Dr. Abram M. ... Physician

Suggested Use

Top Pick Pet Grooming Service Veterinary Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Buffet Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9,610
Businesses Nearby

Demographics for 90017, CA

27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story apartment property with a mix of studio and one-bedroom units.
Where is this apartment building located?
The property is located at 400 Witmer St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 24‑unit apartment property built in 1924; Unit mix includes 9 one‑bedroom units and 15 studio units; 9,800 square feet across two stories
More about this property
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