$1,475,000
$2,500,000
41.0%For more information regarding the value of a property, please contact us for a free consultation.
410 Witmer ST Los Angeles, CA 90017
9,069 Sqft Lot
Key Details
Sold Price $1,475,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV23147287
Sold Date 02/08/24
HOA Y/N No
Year Built 1928
Lot Size 9,069 Sqft
Property Sub-Type Apartment
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LACW
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Street Lights
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5153025015
Energy Description 7800.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Cesar Mendoza Acevedo Real Estate Corp