268-274 1/2 Witmer St

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Property Details

12 12 0 Multi-Family

268-274 Witmer St, Los Angeles, California 90026

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!