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$ 1,740,000
Est. payment /mo
Active
146 Witmer Street Los Angeles, CA 90026
2,389 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,389 sqft
Price per Sqft $728
MLS Listing ID CL26694979
HOA Y/N No
Year Built 1920
Lot Size 4,552 Sqft
Acres 0.1045
Property Sub-Type Other
Property Description
Excellent investment opportunity near Downtown Los Angeles featuring a fully renovated multi-unit property with strong income potential and an attractive CAP rate over 6%. This upgraded property consists of five units total: 1 studio, 3 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit. All units have been newly remodeled with modern finishes, offering bright and functional floor plans designed to attract quality tenants. Each unit features comfortable living space with abundant natural light, updated kitchens with new countertops, and ample cabinetry. Recent renovations provide a turnkey investment with minimal deferred maintenance. Conveniently located near Downtown LA with easy access to shopping, dining, public transportation, and major freeways, making it an ideal rental location in a high-demand market. Perfect opportunity for investors and 1031 exchange buyers seeking steady income and long-term growth potential.
Location
State CA
County Los Angeles
Zoning LACW
Interior
Heating Wall Furnace
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 5153030016
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Listed by Koeun Hwang • Urban Real Estate, Inc.