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Two-Story Apartment Building
For Sale
$2,100,000
Pending

324 Witmer St, Los Angeles, CA 90017

MULTI_FAMILY - Los Angeles, CA

Property Size11,088 SF
Lot Size0.17 Acres
Days on Market743

Property Features for 324 Witmer St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LACW
Bedrooms 4
Bathrooms 20
Full bathrooms 2
Rooms Bedroom 4, Bathroom 14, Bathroom 5, Bathroom 15, Bathroom 16, Bathroom 3, Bedroom 3, Bathroom 6, Bedroom 1, Bathroom 11, Bathroom 10, Bathroom 4, Bathroom 20, Bathroom 1, Bathroom 9, Bedroom 2, Bathroom 17, Bathroom 12, Bathroom 7, Bathroom 2, Bathroom 19, Bathroom 8, Bathroom 13, Bathroom 18
Directions 311 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 5153-025-009
Size 11,088 SF
Lot size 0.17 Acres

Amenities

community laundry

Building Details

Year built 1923
Floors in Building 2
Number of units 20
Listing Agency: Compass
Listed By: Max Berger · License #02054048
Added: Aug 5, 2024 Changed: Aug 2 Last Checked: Aug 17 at 8:06PM
MLS# 24-424005

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.

324 Witmer is a 20-unit, two-story apartment complex built in 1923. The property totals 11,088 SF and includes (4) one-bedroom units and (16) studio units. Community laundry is available on-site, and utilities are structured with tenants paying their own electrical; the building is master metered for gas.

The property is located at 324 Witmer St in Los Angeles, CA 90017. Zoning is listed as LACW.

For tenant planning, the mix of one-bedroom and studio units may support a range of household sizes, with shared amenity access through the community laundry setup. The property’s 0.1743-acre lot provides the site footprint for the existing multifamily improvements.

Key Highlights

  • 20‑unit, two‑story apartment complex built in 1923
  • 11,088 SF multifamily building on 0.1743 acres
  • Unit mix: (4) 1‑bedroom units and (16) studio units

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

20
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

11,002
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

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 - Twenty-unit two-story apartment building with community laundry and master-metered gas utilities.
Where is this apartment building located?
The property is located at 324 Witmer St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 20‑unit, two‑story apartment complex built in 1923; 11,088 SF multifamily building on 0.1743 acres; Unit mix: (4) 1‑bedroom units and (16) studio units
More about this property
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