USACALos Angeles334 Witmer St
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334 Witmer St, Los Angeles, CA

House

Sold

Listed price in listed location currency (USD).
$1,600,000
$1,645,000

1096

MLS® 25616201

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential Income
Size 5135 sqft
Garage 
Taxes 
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $320
MLS® Number 25616201

Property Address: 334 Witmer St, Los Angeles, CA, 90017-1383

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

Description

Second chance opportunity to acquire a high-quality multifamily investment, back on the market due to buyer non-performance and by no fault of the seller. 334 Witmer Street is a fully stabilized eight-unit apartment building located in Downtown Los Angeles near Echo Park, Westlake, and Koreatown. The property features a balanced unit mix of seven one-bedroom units and one three-bedroom, two-bath unit, all fully leased at market rents and positioned for stable cash flow. The building was renovated down to the studs in 2018 with major upgrades including new plumbing, electrical systems with subpanels, mini-split HVAC, dual-pane windows, roof, custom cabinetry, modern counters, and fully updated kitchens and bathrooms. A soft-story seismic retrofit was completed in 2022, adding long-term structural security. Each unit is individually metered for electricity and gas, with tenants paying water, sewer, and trash through a RUBS billing system, helping keep operating expenses low. The property includes six on-site parking spaces behind an automatic remote-controlled gate. Professionally managed and located near major job centers, 334 Witmer Street attracts tenants seeking clean, updated, centrally located housing. This stabilized asset offers a strong 6.74% cap rate on actuals and includes an attractive 4.9% interest-only assumable loan, providing solid cash flow from day one in one of Los Angeles' highest-demand rental corridors.
MLS® Number25616201
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1949
Basement
DrivewayAssigned, Covered, Gated
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Other:Not available

Price History

Jan 21, 2026End Date
$1,600,000Sold Price

Sold

Nov 7, 2025List Date
$1,645,000List Price
  • Commute

Commute

Starting Address
Destination Address
334 Witmer St, Los Angeles, CA

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