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Listed by Carlos Bocanegra, DRE #01326814 • ONE WEST REALTY INC
$ 1,550,000
Est. payment /mo
Active
1317 Linwood Los Angeles, CA 90017
6,609 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26175614
Year Built 1905
Lot Size 6,609 Sqft
Source California Regional MLS
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 more attainable price points. 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 (addressed as 1317 Linwood Ave). 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 5 bedrooms and 2.5 bathrooms, creating an additional income stream and unique value-add potential. Ideal
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Wall Furnace
Laundry None
Exterior
Parking Features Assigned Spaces
Pool None
View None
Building
Water District - Public
Others
Tax ID 5143012011
Special Listing Condition Not Applicable
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