268-274 Witmer St, Los Angeles, CA 90026
Property Details
Units12
Parking0
Lot Size13,839 sq. ft
Year1923
Bldg Size9,436 sq. ft
Property Description
The Witmer Bungalows! 8 free standing detached houses + a 4 plex, all operating as 2/1 each with a recent remodel that included new cabinets, granite countertops, windows, roof, paint, electrical, and plumbing. This property has great cash flow, easy management, low maintenance, low turnover and an excellent tenant profile. Located near downtown Los Angeles, just west of 110 near many new developments. Major redevelopment area! The property is zoned “crownwood” and has redevelopment potential.
7.39% cap so this property will not last long!
Interested In This Property?
Mortgage Calculator
Owning a home is a great investment and it is key to plan your mortgage payments ahead of time. Calculate for your monthly mortgage using our free calculator below.
DISCLAIMER: The information found in these calculators are to be used as a guide and is deemed reliable but not guaranteed. Please schedule an appointment today to find out more information about your loan.