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Multifamiliar (2-4 unidades)Número de MLS: #24-423967
311 Witmer is a 20 unit value-add complex located 1.4 miles south of Echo Park Lake and the heart of Downtown LA. Located just south of W. 3rd St, the property is in close proximity to Echo Park, Silver Lake, Koreatown, the 101 Fwy, and the 110 Fwy. The property is offered at 7.29% CAP, 8.50 GRM, $135,000 per unit, and $249 per foot. 311 Witmer presents a significant value-add opportunity with approx. 55% rental upside. At projected market rents, the property will stabilize at a 13.50% CAP and 5.49 GRM. Built in 1923, the 10,856 SF two-story complex consists of (8) 1-bdrm. units and (12) studio units. Property amenities include community laundry and gated entry. 311 Witmer, which can be purchased individually, is part of the Witmer 4 - 84 units across 4 buildings within 1 block of Witmer St. The Witmer 4 is being in sold in conjunction with 1000 N. Serrano, a 24-unit complex in East Hollywood offered at a 6.75% CAP on real expenses.Please contact LA 1 for more information.Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
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Amenidades: | Puerto |
Estilo arquitectónico: | Otro |
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Escuela primaria
PARA LOS NINOS - EVELYN THURMAN GRATTS PRIMARY
0.4
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GRATTS LEARNING ACADEMY FOR YOUNG SCHOLARS (GLAYS)
0.1
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Escuela secundaria (ciclo básico)
Escuela secundaria (ciclo superior)
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF GLOBAL STUDIES
0.2
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BELMONT HIGH SCHOOL
0.2
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MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF BUSINESS & TOURISM
0.2
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MIGUEL CONTRERAS LEARNING COMPLEX - ACADEMIC LEADERSHIP COMMUNITY
0.2
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ROYBAL LEARNING CENTER
0.5
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MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF SOCIAL JUSTICE
0.2
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Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
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N.e.w. Academy Of Science And Arts | 0.2 mi | Public | KG-5 | C- |
Para Los Nios - Evelyn Thurman Gratts Primary School | 0.2 mi | Public | KG-2 | |
Harris Newmark Continuation | 0.2 mi | Public | 9-12 | F |
Sal Castro Middle School | 0.2 mi | Public | 6-8 | C- |
Camino Nuevo Charter High School | 0.4 mi | Public | 9-12 | F |
Alliance Ted K. Tajima High School | 0.4 mi | Public | 9-12 | A- |
Union Avenue Elementary | 0.4 mi | Public | PK-5 | C- |
John Liechty Middle School | 0.4 mi | Public | 6-8 | C- |
Special Education-infant/preschool Program | 0.4 mi | Public | ||
Los Angeles Academy Of Arts And Enterprise | 0.5 mi | Public | 6-12 | D |
Esperanza Elementary | 0.5 mi | Public | KG-5 | C+ |
Icl Academy For Film And Performing Arts | 0.6 mi | Private | 7-12 |