Value-Add Apartment Building
For Sale
$2,500,000
280 Witmer, Los Angeles, CA 90026
23-unit multifamily property with five delivered vacant units in an area described as DTLA adjacent.
Property Size12,000 SF
Days on Market150
Property Features for 280 Witmer
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Apartment
Additional Details
Multifamily Units
23
Building Details
Building Size
12,000 SF
Year Built
1927
Listing Agency:
Growth Investment Group Pasade
Listed By:
Justin McCardle · License #01895720
(909) 486-2069
Source:
Velocityrealtysd
Added: Apr 11
Changed: Sep 3
Last Checked: Sep 6 at 11:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group Pasade
Investment Insights
Based on property information with market context.
This just-listed apartment building at 280 Witmer St in Los Angeles, CA 90026 offers a total of 23 units with a value-add focus. The underwriting references a 12.12 GRM.
Per the public remarks, five of the units have been delivered vacant, providing immediate room for repositioning or re-tenanting within the building.
Additional details on unit mix, interior condition, and operating history are not provided in the current information package.
Per the public remarks, five of the units have been delivered vacant, providing immediate room for repositioning or re-tenanting within the building.
Additional details on unit mix, interior condition, and operating history are not provided in the current information package.
Key Highlights
- 23‑unit multifamily property
- 12.12 GRM
- 5 units delivered vacant
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
5,904
Businesses Nearby
Explore this area
Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 23-unit multifamily property with five delivered vacant units in an area described as DTLA adjacent.
Where is this apartment building located?
The property is located at 280 Witmer Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 23‑unit multifamily property; 12.12 GRM; 5 units delivered vacant
