401 Witmer St, Los Angeles, CA 90017

Building Details

Year Built

1924

Listing agent Casey Lins

Listing office Kidder Mathews of California, Inc.

Listing date Apr 14, 2026

Source Milsteinestates

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 Kidder Mathews of California, Inc.

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Overview

The property at 401 Witmer St is a 20-unit multifamily community comprising one two-story building totaling 8,776 rentable square feet. Built in 1923, it sits on a 6,020 square foot midblock lot zoned LAR3. The unit mix includes six one-bedroom, one-bath units and fourteen studio units. Renovation work has been completed in fourteen of the sixteen units previously occupied, and there are currently four vacant units: one one-bedroom unit and three studio units.

The building is located off Witmer St and W 3rd St in the North West Lake neighborhood of Los Angeles. The listing notes nearby Gratts Elementary School and Contreras High School, along with close access to the 101, 110, and 10 freeways and multiple Metro stations. Downtown Los Angeles and nearby communities including Silver Lake, Echo Park, Elysian Heights, Koreatown, and others are described as readily accessible.

For buyers or operators, the current unit configuration—with a mix of studios and one-bedrooms plus renovation-completed units—supports straightforward leasing strategy across multiple renter types. Listing materials also provide underwriting benchmarks, citing an offered 8.71 GRM and 6.59% CAP on actual rents, along with an indicated upside to 8.55 GRM and 6.80% CAP based on market rents.

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Law Firm Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.26424

Latitude

34.05803

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FAQs

What type of property is this?

Apartment building - Two-story 1923 apartment community with studio and one-bedroom units, featuring renovated interiors and current vacancies.

Where is this apartment building located?

The property is located at 401 Witmer St Los Angeles, CA.

What is the asking price?

The asking price for this property is $3,150,000.

What are key features of this property?

This property features: 20‑unit Los Angeles multifamily community built in 1923, comprising 8,776 rentable SF; Unit mix includes 14 studio units and 6 one‑bedroom units; 4 units are currently vacant (3 studios, 1 one‑bedroom); Renovated interiors: 14 of 16 units reportedly renovated