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146 Witmer St
Los Angeles, CA 90026 City West

$1,749,900 USD

Apartments For Sale  •  2,389 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,389 SF
  • Lot Size 0.1 AC
  • Building Class B
  • Year Built 1920
  • Cap Rate 6.41 %
  • Zoning LACW
90 Transit Score
80 Walk Score

Highlights

Turnkey 5-Unit Portfolio: Fully renovated property, featuring a mix of studio, 1BD, and 2BD units with modern finishes and zero deferred maintenance.
Strong 6%+ CAP Rate: High-yield investment opportunity in a high-demand rental market, optimized for immediate cash flow and quality tenant retention.
Exceptionally located near the Financial District with easy freeway access, ensuring long-term appreciation and low vacancy rate.

Financial Summary (Actual)

Net Operating Income: $112,164 USD (2025)
Cap Rate: 6.41 %
Total Expenses: $41,845 USD

Amenities

  • Air Conditioning
  • Disposal
  • Heating
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Double Pane Windows
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.1 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 2.1 mi
AirportDriveWalkDistance
Los Angeles International 26 min - 15.0 mi
Bob Hope 23 min - 15.3 mi
Long Beach (Daugherty Field) 32 min - 23.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Koeun Hwang 213-590-9908 Urban Real Estate Inc
Koeun Hwang 213-590-9908 Urban Real Estate Inc