24-Unit Apartment
For Sale
$3,350,000
Pending
400 Witmer St, Los Angeles, CA 90017
MULTI_FAMILY - Los Angeles, CA
Property Size9,800 SF
Lot Size0.16 Acres
Days on Market744
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 7, Bedroom 4, Bathroom 14, Bathroom 5, Bathroom 15, Bathroom 16, Bathroom 3, Bedroom 3, Bathroom 6, Bedroom 1, Bedroom 8, Bathroom 24, Bathroom 23, Bathroom 11, Bathroom 10, Bedroom 6, Bathroom 4, Bathroom 20, Bathroom 22, Bathroom 1, Bedroom 5, Bathroom 9, Bathroom 21, Bedroom 2, Bathroom 17, Bathroom 12, Bedroom 9, Bathroom 7, Bathroom 2, Bathroom 19, Bathroom 8, Bathroom 13, Bathroom 18
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
(310) 230-5478
Listed By:
Max Berger · License #02054048
(818) 321-4972
Added: Aug 5, 2024
Changed: Aug 2
Last Checked: Aug 18 at 12:06AM
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, 400 Witmer is a two-story, 9,800 SF apartment building with 24 units. The unit mix includes (9) 1-bedroom units and (15) studio units. The property sits on a 0.1566-acre lot and is in the LACW zoning designation. Tenants pay their own electrical utilities, and the building is master metered for gas, with one studio unit noted as vacant.
400 Witmer is located 1.4 miles south of Echo Park Lake and just south of W. 3rd St, placing it near Echo Park, Silver Lake, Koreatown, and the 101 and 110 freeways.
The complex is offered as part of a value-add strategy, with cap rate and GRM referenced on current rents and at projected stabilized rents.
400 Witmer is located 1.4 miles south of Echo Park Lake and just south of W. 3rd St, placing it near Echo Park, Silver Lake, Koreatown, and the 101 and 110 freeways.
The complex is offered as part of a value-add strategy, with cap rate and GRM referenced on current rents and at projected stabilized rents.
Key Highlights
- Two‑story, 9,800 SF apartment building built in 1924
- 24 total units: (9) 1‑bedroom units and (15) studio units
- 0.1566‑acre lot in LACW zoning
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
11,002
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
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 - Built in 1924, this two-story apartment building offers 9 one-bedroom units and 15 studios, with tenants paying electricity.
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: Two‑story, 9,800 SF apartment building built in 1924; 24 total units: (9) 1‑bedroom units and (15) studio units; 0.1566‑acre lot in LACW zoning
