New

$1,550,000

For Sale

14 hours ago

1317 Linwood, Los Angeles, CA

Name: 1317 Linwood, For Sale in Los Angeles - eXp Realty
Brand: ONE WEST REALTY INC
SKU: CV26175614
Price: 1550000 USD

House

MLS® CV26175614

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Residential Income

Size -

Garage

Taxes

Days Active 0

Lot Size 0.1517 Acres

Approx. Age 1905

MLS® Number CV26175614

Property Address: 1317 Linwood, Los Angeles, CA, 90017

Average square foot calculated using Size range provided by listing agent.

Description

Multi-family property comprised of 11 units ideally located in in the heart of Los Angeles’ thriving Westlake neighborhood, just minutes from Downtown LA. Situated on a prominent corner at Linwood Avenue and Witmer Street. This property benefits from strong visibility and dual street frontage. As rental rates in surrounding areas continue to climb, Westlake has emerged as a natural overflow market, attracting tenants seeking proximity to employment centers, transit, and lifestyle amenities at more attainable price points. This market trend supports consistent occupancy, minimal vacancy downtime, and the ability to capture rent increases upon tenant turnover, resulting in reliable collections and income stability. The property features a two-building configuration totaling 11 units, offering both stable in-place income and operational flexibility. The main structure is a two-story, 3, 520 square foot apartment building comprised of 10 units: 8 studios and 2 one-bedroom/one-bath units (addressed as 1317 Linwood Ave). Complementing the apartment building is a separate 1, 342 square foot single-family residence (addressed as 741 Witmer St), configured for two tenants and featuring 5 bedrooms and 2.5 bathrooms, creating an additional income stream and unique value-add potential. Ideally situated, the property offers close proximity to major employment centers, public transportation, shopping, dining, entertainment venues, parks, and cultural institutions. The surrounding area continues to attract young professionals, students, and creatives, driving consistent rental demand and long-term growth. With an in-place cap rate of 6.36%, the asset delivers day-one cash flow, while presenting a clear path to increased returns through rental repositioning, light renovations, and optimized management. The property has been well-maintained over the years. The property’s layout and location also make it well-suited for both traditional and alternative rental strategies, including co-living or furnished rentals.

MLS® NumberCV26175614

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1905

Basement

DrivewayAssigned

Garage Spaces

HeatWall Furnace

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 14, 2026List Date

$1,550,000List Price

Commute

Commute

Starting Address

Destination Address

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