334 Witmer Street, Los Angeles, CA 90017

• 5,135 sqft

Property Description

334 Witmer Street is a fully stabilized eight unit apartment building located in Downtown Los Angeles near Echo Park, Westlake, and Koreatown. The property offers a balanced unit mix of seven one bedroom units and one three bedroom two bath unit, all fully leased at market rents. The entire building was renovated down to the studs in 2018 with major upgrades that include new plumbing, electrical, sub panels, mini split HVAC systems, dual pane windows, custom cabinetry, modern counters, and updated kitchens and bathrooms. A soft story earthquake retrofit was completed in 2022, adding long term structural security. Each unit is separately metered, and tenants cover most utilities via RUBS, reducing operating costs. The property also features five on site parking spaces behind an automatic remote controlled gate. Durable vinyl and tile flooring throughout keeps maintenance low and predictable. Professionally managed and located near major job centers, 334 Witmer attracts tenants seeking clean, updated, centrally located housing. This is a stable, cash flowing investment in one of Los Angeles highest demand rental corridors. This stabilized asset offers a 6.74 Cap Rate on actuals, along with an attractive 4.9 interest only assumable loan that provides strong cash flow from day one.

Listing Status:

Active

Date Added:

November 6, 2025 at 06:00AM

Listing Office:

Compass : 323-593-6999

Listing Agent:

Ginger Orsi : 213-565-8060

MLS ID:

CL25616201

Interior

• Laundry: No Hookups
• Flooring: Tile
• Heating: Electric

Exterior

• Parking: CoveredAssignedOther

Construction

• General: StuccoWood Siding

Location

• County: Los Angeles

Lot

• Zoning: LACW5153025011
• View: City Lights

Utilities

• Utilities: Other Water/Sewer
• Water: Other
• Sewer: Other

This listing courtesy of Ginger Orsi, Compass