24-Unit Two-Story Apartment
For Sale
$3,350,000
Pending
400 Witmer Street, Los Angeles, CA 90017
The unit mix comprises nine one-bedroom apartments and 15 studios, including one vacant studio.
Property Size9,800 SF
Days on Market9
Property Features for 400 Witmer Street
General Information
Standard status
Pending
Size
9,800 SF
Property subtype
ResidentialIncome
Zoning
LACW
Financials
Cap Rate
6.98%
Gross Rent Multiplier
8.41
Site & Location
Neighborhood
Westlake
Highway Access
Yes
Units
Unit Mix
9 x 1-bdrm., 15 x studio
Multifamily Units
24
Individually Metered Utilities
electricity
Amenities
true
24
2
9
CommonArea
6821
0.1566
9800
1
Building Details
Building Size
9,800 SF
Year Built
1924
Buildings
1
Stories
2
Listing Agency:
Compass
(818) 321-4972
Listed By:
Max Berger · License #02054048
(310) 953-4562
Source:
Larryparent
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 12:57PM
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 Compass
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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 mix includes 9 one-bedroom apartments and 15 studios, with one studio currently vacant. Zoning is LACW.
The property is 1.4 miles south of Echo Park Lake and Downtown Los Angeles. The 101 and 110 freeways are among the nearby routes.
Residents pay their own electric utility costs, while gas service is master metered for the building.
The property is 1.4 miles south of Echo Park Lake and Downtown Los Angeles. The 101 and 110 freeways are among the nearby routes.
Residents pay their own electric utility costs, while gas service is master metered for the building.
Key Highlights
- 24 apartments: 9 one‑bedroom units and 15 studios
- 9,800 SF across two stories
- Built in 1924
Property Analytics
Who owns this building?
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Lease Details
24
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9,610
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix comprises nine one-bedroom apartments and 15 studios, including one vacant studio.
Where is this apartment building located?
The property is located at 400 Witmer Street 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 apartments: 9 one‑bedroom units and 15 studios; 9,800 SF across two stories; Built in 1924
