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410 Witmer Street, Los Angeles, CA 90017
$1,475,000
410 Witmer Street, Los Angeles, CA 90017View this property at 410 Witmer Street, Los Angeles, CA 90017
410 Witmer StreetLos AngelesCA90017
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Property Description
Investment opportunity in the Westlake neighborhood of Los Angeles. The property features 20 units building with a gross 7,999 Sq.Ft. This is an opportunity for an investor to further increase cashflow and capture an additional rental income since rents are under market. Close proximity to schools, employment, and transit options, this location makes it convenient for residents to commute throughout the city even without a vehicle. This neighborhood in Westlake is ideally located with a short commute to Downtown and Koreatown. Proximity to MacArthur Park, Echo Park, Dodger Stadium, and The Broad Museum provide residents with ample entertainment opportunities.
Full Property Details
Full Property Details for 410 Witmer St
General
- Sold For: $1,475,000
- Status: Closed
- Type: Multi-Family
- MLS ID: CV23147287
- Added to Site: 278 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: 1/2 Mile west of the DTLA Financial District located between 3rd and 6th Street
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: level
- Square Feet: 7,999
- Year Built: 1928
Unit Information
Unit 1
- Number of Units: 5
- Total Bathrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
Unit 7
- Number of Units: 4
- Total Bathrooms: 1
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
Unit 9
- Number of Units: 1
- Total Bathrooms: 1
Unit 10
- Total Bathrooms: 1
Unit 11
- Total Bathrooms: 1
Unit 12
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.2082
- Lot Size Source: Assessor
- Zoning: LACW
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $184.4
- Price Per Unit: 125000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Century 21 King, Ricardo Acevedo
Sold by Acevedo Real Estate Corp, Cesar Mendoza
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Schools
Schools serving 410 Witmer St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
309 Lucas Ave, Los Angeles, CA 90017 | K-5 | 0.1 mi | |
650 S Union Ave, Los Angeles, CA 90017 | 6-8 | 0.4 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 410 Witmer St
Date
Details
Price
Change
Source
2/08/2024
Sold
$147,500
-94.1%
MLS
9/08/2023
Price Reduced
$2,500,000
-13.79%
MLS
8/28/2023
Price Reduced
$2,900,000
-25.64%
MLS
8/08/2023
Listed
$3,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
410 Witmer Street, Los Angeles, CA 90017 (MLS# CV23147287) is a Multi-Family property that was sold at $1,475,000 on February 08, 2024. Want to learn more about 410 Witmer Street? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.