23-Unit Apartment
For Sale
$2,650,000
280 Witmer, Los Angeles, CA 90026
Updated building systems support a predominantly studio unit mix in Los Angeles’s Westlake submarket.
Property Size12,000 SF
Lot Size0.18 Acres
Price / SF$220.83
Days on Market96
Property Features for 280 Witmer
General Information
Standard status
Active
Size
12,000 SF
Lot size
0.18 Acres
Property subtype
Apartment
Financials
Cap Rate
7.38%
Gross Rent Multiplier
7.96
Units
Unit Mix
22 x studio, 1 x 1BR
Multifamily Units
23
Building Details
Building Size
12,000 SF
Year Built
1927
Listing Agency:
Growth Investment Group Pasade
(909) 486-2069
Listed By:
Justin McCardle · License #01895720
Source:
Velocityrealtysd
Added: May 6
Changed: Aug 9
Last Checked: Aug 9 at 4:54AM
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.
The Witmer is a 23-unit apartment property at 280 Witmer in Los Angeles, built in 1927. The 12,000-square-foot building occupies a 7,710-square-foot lot and includes 22 studios plus one one-bedroom unit, with average unit sizes of approximately 450–500 square feet. Improvements include copper plumbing, upgraded electrical panels, partial replacement of the pitched roof, updated horizontal drain lines, gas wall heaters, and a 100-gallon boiler.
Two vacant basement rooms provide additional interior space, while the rooftop has direct access and views toward Downtown Los Angeles. The property is located in the Westlake submarket and includes an efficient, studio-focused configuration.
Two vacant basement rooms provide additional interior space, while the rooftop has direct access and views toward Downtown Los Angeles. The property is located in the Westlake submarket and includes an efficient, studio-focused configuration.
Key Highlights
- 23 units totaling +-12,000 square feet on a +-7,710 square foot lot
- Unit mix includes (22) studios and (1) one‑bedroom unit
- Built in 1927 with average units of approximately +-450‑500 square feet
Property Analytics
Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
6,123
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 - Updated building systems support a predominantly studio unit mix in Los Angeles’s Westlake submarket.
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 $2,650,000.
What are key features of this property?
This property features: 23 units totaling +-12,000 square feet on a +-7,710 square foot lot; Unit mix includes (22) studios and (1) one‑bedroom unit; Built in 1927 with average units of approximately +-450‑500 square feet
