Property Details


Year Built: 1924
Units: 24
Price / Unit: $133,333
CAP: 4.25%

Executive Summary


  • 24 Units – All Singles 1924 Construction.
  • Set record breaking price per unit and price per square feet on Witmer Street.
  • $905 on current average monthly rent with a proven proforma rent of $1,150 per unit.
  • On behalf of our Seller, we negotiated a short five (5) day due diligence period
  • Located in a rapidly emerging pocket of Central Los Angeles

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