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For SaleLuxury

$1,740,000

2,389 sqft$728/sqft212 days on market

146 Witmer Street

Los Angeles, CA 90026

· 8% down, 7% APR, 30yr fixed

5

Beds

5

Baths

2,389

Square feet

1920

Built

Listing narrative

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.

Listing agent (MLS): Koeun Hwang · Listing brokerage (MLS): Urban Real Estate, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,740,000

Beds

5 bd

Type

House

Home Size

2,389 sqft

Baths

5

Lot Size

0.10 acres

Year

1920

Status

For Sale

Days on Market

212

$ / Sqft

$728

· 8% down, 7% APR, 30yr fixed
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Courtesy of Urban Real Estate, Inc.