16
See all 16 photos
$1,650,000
Est. payment /mo
5 Beds
6,607 Sqft Lot
New
1317 Linwood Avenue Los Angeles, CA 90017
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26097517
Bedrooms 5
Lot Size 6,607 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Multi-family property comprised of 11 units ideally located in in the heart of Los Angeles thriving Westlake neighborhood, just minutes from Downtown LA. Situated on a prominent corner at Linwood Avenue and Witmer Street, this property benefits from strong visibility and dual street frontage. As rental rates in surrounding areas continue to climb, Westlake has emerged as a natural overflow market, attracting tenants seeking proximity to employment centers, transit, and lifestyle amenities at a more attainable price point. This market trend supports consistent occupancy, minimal vacancy downtime, and the ability to capture rent increases upon tenant turnover, resulting in reliable collections and income stability. The property features a two-building configuration totaling 11 units, offering both stable in-place income and operational flexibility. The main structure is a two-story, 3,520 square foot apartment building comprised of 10 units (8 studios and 2 one-bedroom/one-bath units). Complementing the apartment building is a separate 1,342 square foot single-family residence (addressed as 741 Witmer St), configured for two tenants and featuring 4 bedrooms and 2.5 bathrooms, creating an additional income stream and unique value-add potential. Ideally situated, the property offers close proximity to major employment centers, public transportation, shopping, dining, entertainment venues, parks, and cultural institutions. The surrounding area continues to attract young professionals, students, and creatives, driving consistent rental demand and long-term growth. With an in-plac
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of 7th St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5143012011
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Carlos Bocanegra, DRE#01326814 ONE WEST REALTY INC
NEARBY SCHOOL & BUSINESS
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