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1317 Linwood

Los Angeles, CA 90017
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$1,550,000 $6,534/Mo
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Bed 6

Bed

Bath 5

Bath

SqFt6,609

Sqft(Lot)

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, offerin g 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,550,000

AD Id : 89547581

MLS Id : CV26175614

Beds : 6

Lot Size : 6,609 Sq. Ft

Year Built : 1905

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1905
    Building Area Total: 4862
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 6609 Lot Size Acres: 0.1517 Lot Size Source: Assessor Lot Size Square Feet: 6,609 Lot Description: CornerLot

  • Listing Price Information

    Listing Price: $1550000
    Cash, Submit

  • Tax Information

    Parcel Number: 5143012011 Tax Lot: 12

  • Utility Information

    SewerConnected

  • Location Information

    Direction: South of 7th St, West of 110 Fwy. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1344 W 4th Street, Los Angeles, CA, 90017 $3,750,000 -- 20 7,700 5,414 Sq. Ft
410 Witmer Street, Los Angeles, CA, 90017 $1,825,000 -- 20 7,999 9,072 Sq. Ft
401 Witmer Street, Los Angeles, CA, 90017 $3,150,000 6 -- 8,776 6,020 Sq. Ft
415 Loma Drive, Los Angeles, CA, 90017 $1,795,000 10 9 5,404 9,668 Sq. Ft
877 Francisco Street #1.., Los Angeles, CA, 90017 $775,000 1 2 975 128,959 Sq. Ft
511 S Union Avenue, Los Angeles, CA, 90017 $3,150,000 -- 27 14,502 9,210 Sq. Ft
1545 Cambria, Los Angeles, CA, 90017 $815,000 5 2 2,282 5,477 Sq. Ft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/12/2026 @ 13:40

MLS: CV26175614 LISTED BY: Carlos Bocanegra, ONE WEST REALTY INC 909-321-9148 SOURCE: CRMLS

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