429 Witmer St
Los Angeles, CA 90017

Bd   — Ba   9,038 Sqft
This property is on a huge lot size of 13,064 sf. It is minutes from L.A. live, Nokia Theater, Staples Center, and numerous shopping and dining venues. The latest developments in this area are adding to the already dense population of downtown in a very strong rental market. It is also very close to the Financial District, Korea town, and Echo park neighborhoods. Some of units are recently remodeled. Separate Meters for electric and Gas and each unit has its own water heater that reduces expenses. Potential for rental increases. Excellent Opportunity for investors. Do not disturbed tenants. Subject to an accepted offer for showing.
  • Property Type: Multi Family
  • MLS#: 16976551
  • MLS:
  • Listing Office: New Star Realty
  • Listed By: Mi Jeong Kim
  • Movoto last checked CRMLS for new data 55 minutes ago
  • CRMLS last updated this listing 8 months ago

Home Features for 429 Witmer Street , Los Angeles

Year Built: 1940
Lot Size Acres: 0.29
Lot Size Square Feet: 13064
Lot Size Units: Square Feet
Lot Size Area: 13064
Price Per Square Foot: 221.29
Parcel Number: 5153021002
Special Listing Conditions: Standard
Standard Status: Closed
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Property History for 429 Witmer Street, Los Angeles

Status
Date
Price
Sold
Oct 15, 2016
$2,000,000
Pending
Jul 12, 2016
Listed
Jan 27, 2016
$2,039,000
#16976551
Sold
Mar 17, 2014
$1,410,000
Listed
Aug 18, 2013
$1,570,000
#13697725

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Real Estate Market Statistics for 429 Witmer Street, Los Angeles

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429 Witmer Street

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.04M

429 Witmer Street

$600K

Westlake

-19% y/y

Westlake

$849K

90017

1% y/y

90017

$990K

Los Angeles

4% y/y

Los Angeles

See all trends for Los Angeles
429 Witmer St is a multi family home located in 90017 in Los Angeles, CA. It was last listed for $2,000,000, which is 135% above the current market median of $849,900 in 90017 and 102% above the market median of $990,000 in Los Angeles. 429 Witmer St is approximately 9,038 Sqft, which is 435% above the median size in Los Angeles of 1,689 square feet and 693% above the median size in 90017 of 1,140 Sqft. This property's price per square foot was $221, which is 72% below the current median in 90017 of $798 and 64% below the Los Angeles median of $617. As of today, , there are 41 properties listed for sale in ZIP code 90017 and 2,075 properties listed for sale in the city of Los Angeles. Of those 2,075 properties, there are 1,413 single family houses and 662 condos.
Built in 1940, this multi family house at 429 Witmer St, Los Angeles CA, 90017 is approximately 9,038 square feet and comes with 12 parking spots. It was last listed with a cost per Sqft of $221. 429 Witmer St is located in the Westlake neighborhood in the Los Angeles Unified School District. The closest school is Gratts Learning Academy For Young Scholars (Glays).

429 Witmer St, Los Angeles CA, 90017 was on the market for 262 days. The median days on the market for properties in this area is 42 with a median list price of $990,000 and median cost per square foot of $617. Its current status is sold under the MLS #16976551.

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