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428 S Witmer Street
USD 1,800,000
Property ID: 23277603
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428 S Witmer Street ,90017
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icon 6550 SqFt
icon Built in 1949
icon USD 275/SqFt
icon 8 Beds
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
8
Bathrooms
0
Interior Size
4928
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1949
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Detailed Introduction Of This Home
We are pleased to present this 8 unit offering located at428-432 Witmer, Los Angeles, CA 90017 in the MacArthur Park submarket of Los Angeles. The building has an excellent unit mix consisting of (8) 1 Bed / 1 Bath units with a gross leasable area of 4,928 square feet and is situated on a 6,550 square foot lot that is zoned LACW. The subject property was built in 1949 and offers investors significant upside potential with rents well below market. With great in place cash flow, investors will be able to achieve a 5.30%cap rate day one and be able to capture rental upside throughout the investment period.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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428 S Witmer Street
USD 1,800,000 8 Beds
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