428 Witmer Street
$1,250,000
|
Closed
Property Details
Year Built:
1949
Units:
8
Price / Unit:
$156,250
Price / SqFt:
$253.65
CAP:
3.89%
GRM:
13.92
Executive Summary
- True Value Add Opportunity; Current Loss to Lease of 42%
- Prime Westlake Location; Excellent Walk Score of 85
- Minutes Away from Downtown Los Angeles’ Premiere L. A. Live, Nokia Theater, and Staples Center
- Conveniently Located within Walking Distance to the Metro Purple Line and Red Line at Westlake
- On-Site Parking Spaces – No Soft Story Parking Work Required
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