90017 Homes with Mixed Use Subtype

Welcome to the vibrant heart of Los Angeles, where the zip code 90017 offers a unique blend of urban living and diverse opportunities. Nestled in the bustling downtown area, this zip code is a haven for those seeking a dynamic lifestyle infused with culture, convenience, and creativity.

The 90017 area is known for its eclectic mix of residential and commercial spaces, making it an ideal location for homeowners looking for properties with a mixed-use subtype. Imagine living just steps away from trendy cafes, art galleries, and boutique shops, all while enjoying the comforts of your own home. Mixed-use properties in this area provide the perfect balance between work and play, allowing residents to embrace a lifestyle that thrives on accessibility and community engagement.

Architectural gems abound in 90017, ranging from historic buildings with character to modern lofts that reflect the city’s innovative spirit. Homes in this area often feature spacious layouts, high ceilings, and stunning views of the iconic Los Angeles skyline. With amenities like rooftop terraces, fitness centers, and easy access to public transportation, residents can enjoy the best of urban living right at their doorstep.

Beyond the allure of the homes themselves, 90017 boasts a rich cultural scene. From the vibrant nightlife to the numerous art exhibitions and festivals, there’s never a dull moment in this lively neighborhood. Whether you’re a young professional, a growing family, or a retiree seeking adventure, 90017 offers a lifestyle that is as diverse as its residents. Come explore the possibilities and discover your dream home in this thriving Los Angeles community!

Newest 90017 Homes with Mixed Use Subtype

$1,550,000

CV26175614 MLS ⋅ Active Status

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.

1317 Linwood, Los Angeles

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.