1317 Linwood, Los Angeles, CA 90017
1317 Linwood, Los Angeles, CA 90017
1317 Linwood, Los Angeles, CA 90017
1317 Linwood, Los Angeles, CA 90017
1317 Linwood, Los Angeles, CA 90017
1317 Linwood, Los Angeles, CA 90017
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Guadalupe M LaMothe

Guadalupe M LaMothe

+1(909) 449-7096
$ 1,550,000
Est. payment | /mo

6,608 Sqft Lot

Save
$ 1,550,000
Est. payment | /mo
Save

6,608 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26175614

HOA Y/N No

Year Built 1905

Lot Size 6,608 Sqft

Property Sub-Type Mixed Use

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.
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-place cap rate of 6.36%, the asset delivers day-one cash flow, while presenting a clear path to increased returns through rental repositioning, light renovations, and optimized management.
The property has been well-maintained over the years. The property's layout and location also make it well-suited for both traditional and alternative rental strategies, including co-living or furnished rentals.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Assigned

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Connected

View Y/N No

View None

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5143012011

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Carlos Bocanegra ONE WEST REALTY INC 909-518-1746, DRE #01326814

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Guadalupe M LaMothe, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1317 Linwood