Est. mensual: $11,679 Recalcular
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Multifamiliar (2-4 unidades)Número de MLS: #24-424053
401 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 a 7.28% CAP and 8.96 GRM on current rents, $165,000 per unit, and $376 per foot. This value-add opportunity offers approx. 25% rental upside with 2 VACANT studio units. At projected market rents, the property will stabilize at a 9.92% CAP and 7.17 GRM. Built in 1924, the 8,776 SF two-story complex consists of (6) 1-bdrm. units and 14) studio units. All tenants pay their own electricity and gas utilities. Property amenities include community laundry and gated entry. 401 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
0.6
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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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Para Los Nios - Evelyn Thurman Gratts Primary School | 0.1 mi | Public | KG-2 | |
N.e.w. Academy Of Science And Arts | 0.2 mi | Public | KG-5 | C- |
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 |
John Liechty Middle School | 0.4 mi | Public | 6-8 | C- |
Alliance Ted K. Tajima High School | 0.4 mi | Public | 9-12 | A- |
Special Education-infant/preschool Program | 0.4 mi | Public | ||
Union Avenue Elementary | 0.4 mi | Public | PK-5 | C- |
Esperanza Elementary | 0.5 mi | Public | KG-5 | C+ |
Los Angeles Academy Of Arts And Enterprise | 0.5 mi | Public | 6-12 | D |
Icl Academy For Film And Performing Arts | 0.5 mi | Private | 7-12 |