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$1,645,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 7 days ago
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Second chance opportunity to acquire a high-quality multifamily investment, back on the market due to buyer non-performance and by no fault of the seller. 334 Witmer Street is a fully stabilized eight-unit apartment building located in Downtown Los Angeles near Echo Park, Westlake, and Koreatown. The property features a balanced unit mix of seven one-bedroom units and one three-bedroom, two-bath unit, all fully leased at market rents and positioned for stable cash flow. The building was renovated down to the studs in 2018 with major upgrades including new plumbing, electrical systems with subpanels, mini-split HVAC, dual-pane windows, roof, custom cabinetry, modern counters, and fully updated kitchens and bathrooms. A soft-story seismic retrofit was completed in 2022, adding long-term structural security. Each unit is individually metered for electricity and gas, with tenants paying water, sewer, and trash through a RUBS billing system, helping keep operating expenses low. The property includes six on-site parking spaces behind an automatic remote-controlled gate. Professionally managed and located near major job centers, 334 Witmer Street attracts tenants seeking clean, updated, centrally located housing. This stabilized asset offers a strong 6.74% cap rate on actuals and includes an attractive 4.9% interest-only assumable loan, providing solid cash flow from day one in one of Los Angeles' highest-demand rental corridors.

Full Property Details for 334 Witmer St

General

  • Price: $1,645,000
  • Taxes: (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25616201
  • Updated: 1/8/2026
  • Added to Site: 70 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom
  • Cooking Appliances: Free Standing Gas, Range, Oven-Gas
  • Flooring: Tile, Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 9
  • Bathroom Features: Low Flow Toilet(s), Tile

Bedrooms

  • Total Bedrooms: 10

Other Rooms

  • Laundry: None

Additional Information

  • Shared Amenities: Gated Community
  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Automatic Gate, Gated, Exterior Security Lights
  • Other Features: None

Exterior

  • Deck/Patio: Covered

Parking

  • Covered Spaces: 2
  • Garage Description: Gated, Covered Parking, Assigned

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Cross Streets: 3rd Street
  • Driving Directions: Take Witmer South off 3rd street
  • Direction Faces: West

Heating & Cooling

  • Cooling Type: Air Conditioning
  • Heating Type: Electric

Utilities

  • Sewer: In Connected and Paid
  • Water: Public

Structural Information

  • # Buildings: 8
  • Architectural Style: Traditional
  • Exterior Const.: Stucco, Wood Siding
  • Roof: Asphalt, Bitumen
  • Common Walls: Attached
  • Windows: Double-Pane Windows
  • Entry Floor Number: 1
  • Entry Location: Ground Level w/steps
  • Stories/Levels: 2
  • Square Feet: 5,135
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1949
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled, Additions/Alter
  • Other Struct. Feat.: Full Copper Plumbing, Rain Gutters

Unit Information

  • Units in Complex: 8
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 3

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1494
  • Lot Size: 6506
  • Lot Size Source: Vendor Enhanced
  • Lot Features: City
  • Zoning: LACW
  • Lot Description: Gated Community, Gutters, Exterior Security Lights, Fenced, Automatic Gate

Financial Considerations

  • Price Per Sq. Ft.: $320.35
  • Price Per Unit: 205625
  • Assessment Year: 1949
  • Tax Year: 2026
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity, Trash Collection, Water

Disclosures and Reports

  • Inclusions: All seller owned appliances, fixtures, and equipment are included in the sale. This includes refrigerators, dishwashers, ranges and stoves, and microwaves for all units.
  • Disclosures/Reports: Building Permit
  • APN: 5153-025-011

Listed by Compass, Ginger Orsi

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Listing agent

— 334 Witmer St —

  • Ginger Orsi

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 334 Witmer St

School District:Los Angeles Unified School District
NameGradesDistance
Gratts Learning Academy For Young Scholars (Glays)
309 Lucas Avenue, Los Angeles, CA 90017
2-60.1 mi
John H. Liechty Middle School
650 South Union Avenue, Los Angeles, CA 90017
7-80.4 mi
Belmont Senior High School
1575 West 2nd Street, Los Angeles, CA 90026
9-120.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 334 Witmer St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/06/2025
Listed
$1,645,000
76.88%
MLS
12/09/2015
Sold
$930,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 334 Witmer St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,236
3%
$1,101,803
4%
2023
$13,781
5%
$1,059,056
2%
2022
$13,176
1%
$1,038,308
2%
2021
$12,996
-1%
$1,017,967
1%
2020
$13,119
4%
$1,007,539
-16%
2019
$12,627
1%
$1,198,500
24%
2018
$12,507
2%
$967,572
2%
2017
$12,207
3%
$948,600
2%
2016
$11,897
20%
$930,000
22%
2015
$9,912
-1%
$763,334
2%
2014
$9,994
—
$748,382
—
2013
$9,989
—
$745,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 334 Witmer St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Compass, Ginger Orsi

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334 Witmer St, Los Angeles, CA 90017 (MLS# 25616201) is a Multi-Family property with units containing 10 bedrooms and 0 full bathrooms. 334 Witmer St is currently listed for $1,645,000 and was received on November 06, 2025. Want to learn more about 334 Witmer St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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