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Sold for $1,600,000
    • $1,600,000

    334 Witmer St, Los Angeles, CA 90017

    10beds
    9baths
    5,135sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $1,607,300 Zestimate®
    $312/sqft
    $1,465 Estimated rent

    Home value

    $1,607,300

    $1.46M - $1.77M

    $1,465/mo

    Zestimate® history
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    What's special

    Modern countersSub panelsNew plumbingCustom cabinetryUpdated kitchens and bathroomsMini split hvac systemsDual pane windows
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ginger Orsi DRE # 02001956 213-565-8060,

    Compass 323-593-6999

    Bought with:

    Brian Yang, DRE # 01792107

    Propertylink Real Estate, Inc.

    Source: CLAW,MLS#: 25616201MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 9
    Bathroom
    • Features: Low Flow Toilet(s), Tile
    Heating
    • Electric
    Cooling
    • Air Conditioning
    Appliances
    • Included: Free Standing Gas, Range, Gas Oven, Disposal, Dishwasher, Microwave, Freezer, Gas Water Heater
    • Laundry: None
    Features
    • Built-Ins
    • Flooring: Tile, Vinyl Plank
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 5,135
    • Total interior livable area: 5,135 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Gated, Covered, Assigned
    • Covered spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Level w/steps
    • Patio & porch: Covered
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Fenced,Gate
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Lot
    • Size: 6,507 Square Feet
    • Features: Gutters, City Lot
    Details
    • Additional structures: None
    • Zoning: LACW
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Stucco, Wood Siding
    • Roof: Asphalt,Bitumen
    Condition
    • Updated/Remodeled,Additions/Alter
    • Year built: 1949

    Utilities & green energy

    • Sewer: In Connected and Paid
    • Water: Public

    Community & HOA

    Community
    • Security: Gated Community, Exterior Security Lights, Automatic Gate, Gated, Security Lights
    HOA
    • Amenities included: Gated
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $312/sqft
    • Tax assessed value: $1,100,923
    • Annual tax amount: $20,563
    • Date on market: 11/7/2025
    • Inclusions: All seller owned appliances, fixtures, and equipment are included in the sale. This includes refrigerators, dishwashers, ranges and stoves, and microwaves for all units.
    • Total actual rent: 172737
    • Tenant pays: Gas, Electricity, Trash Collection, Water

    Price history

    DateEventPrice
    3/5/2026Sold$1,600,000-2.7%$312/sqft
    Source: CLAW #25616201 Report a problem
    3/4/2026Pending sale$1,645,000$320/sqft
    Source: CLAW #25616201 Report a problem
    1/26/2026Contingent$1,645,000$320/sqft
    Source: CLAW #25616201 Report a problem
    1/8/2026Listed for sale$1,645,000$320/sqft
    Source: CLAW #25616201 Report a problem
    12/3/2025Contingent$1,645,000$320/sqft
    Source: CLAW #25616201 Report a problem
    11/7/2025Listed for sale$1,645,000+76.9%$320/sqft
    Source: CLAW #25616201 Report a problem
    9/14/2019Listing removed$1,625
    Source: TurboTenant Report a problem
    9/4/2019Price change$1,625+1.6%
    Source: TurboTenant Report a problem
    8/27/2019Listed for rent$1,600+0.3%
    Source: TurboTenant Report a problem
    9/16/2018Listing removed$1,595
    Source: Zillow Rental Manager Report a problem
    8/16/2018Listed for rent$1,595-36.1%
    Source: Zillow Rental Manager Report a problem
    12/10/2017Listing removed$2,495
    Source: Linder and Associates Report a problem
    12/4/2017Listed for rent$2,495+78.9%
    Source: Linder and Associates Report a problem
    7/26/2017Listing removed$1,395
    Source: Linder and Associates Report a problem
    7/14/2017Price change$1,395-6.7%
    Source: Linder and Associates Report a problem
    5/22/2017Price change$1,495-11.8%
    Source: Linder and Associates Report a problem
    3/30/2017Listed for rent$1,695+9.4%
    Source: Linder and Associates Report a problem
    12/15/2015Sold$930,000+20%$181/sqft
    Source: Agent Provided Report a problem
    11/15/2013Listing removed$1,550
    Source: MW Real Estate Group Report a problem
    9/8/2013Price change$1,550-6.1%
    Source: MW Real Estate Group Report a problem
    7/11/2013Listed for rent$1,650
    Source: MW Real Estate Group Report a problem
    12/19/2012Sold$775,000$151/sqft
    Source: CLAW #12600603 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Westlake

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    Estimated market value
    $1,607,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,607,300

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