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329 Witmer St, Los Angeles, CA 90017
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329 Witmer St Los Angeles, CA 90017

$875,000 Sold Price as of 10/14/2020
  • 11 Beds
  • 6 Baths
  • -- Sq.Ft.
Sold
$875,000 Sold Price as of 10/14/2020 Refinance Your Mortgage
Map preview of 329 Witmer St, Los Angeles, CA 90017

Property Overview: 329 Witmer St Los Angeles, CA has 11 bedrooms, 6 bathrooms, -- living square feet and 7,216 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention Investors, Owner-Users, Developers! 3 Unit building in Westlake area near DTLA. R3 zoning. TOC Tier 2. Not HPOZ. Unit A (2/1, W/D hookup, front lower) occupied by owner. Unit B (3/1, Washer hookup, front upper) & Unit C (1/1, No W/D hookup, rear lower) both occupied by very stable tenants (not missed a single payment in this time). Separate electric/gas meters w/ each own water heater. Unit A/B recently upgraded. Building maintained excellently by owners living on site. It is believed that plumbing/roof were upgraded around 10 yrs ago. With high fence/gated rear parking, the property feels like secure castle. 8 parking spaces rare in this area. 6 STORAGE SPACES!!! 2 in backyard/4 in huge semi-basement (not included in sqft). Owner just spent $15K to improve front yard area. Beautiful downtown view. City inspection done about 2 yrs ago. The property is amazing and versatile as it is and it screams all kinds of potential for visionary buyers. Submit offer subject to inspection.

Listed by Joshua Choi | BRE #01427597 | Joshua Choi, Broker
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
7,216
HOA Dues
$0/mo
Year built
1901
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20614672
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,909
  • Total Rent: $1,909
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $806
  • Total Rent: $806
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 329 Witmer St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Side by Side
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 5153026027
Location / Neighborhood
Location Information
  • Directions: On Witmer south of 3rd
View more facts & features

Local Los Angeles Agent

Sale History for 329 Witmer St

Last sold for $875,000 on October 14th, 2020

  • October, 2020

  • Oct 14, 2020

    Date

    Sold

    CRMLS: 20614672

    $875,000

    Price

  • Aug 26, 2020

    Date

    Active Under Contract

    CRMLS: 20614672

    $990,000

    Price

  • Aug 24, 2020

    Date

    Withdrawn

    CRMLS: 20614672

    $990,000

    Price

  • Aug 6, 2020

    Date

    Active

    CRMLS: 20614672

    $990,000

    Price

  • October, 2020

  • Oct 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $875,000

    Price

  • July, 2013

  • Jul 17, 2013

    Date

    Sold (Public Records)

    Public Records

    $475,004

    Price

Show More

Tax History for 329 Witmer St

Assessed Value (2020): $532,419
Year Land Value Improved Value Assessed Value
2020 $319,452 $212,967 $532,419

Home Value Compared to the Market

This property vs the competition

329 Witmer St sold on October 14, 2020 for 16.81% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 329 Witmer St

Detailed summary of property

329 Witmer St is a multi family that recently sold in Los Angeles, CA 90017. This multi family property offered 11 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 7,216 square foot lot. 329 Witmer St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $875,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.81% lower than the current median priced home. Local homes that are currently for sale include 1835 W 12th St, 2733 Council St and 1259 Vin Scully Ave. While the average home in Los Angeles, CA is selling in 92 days, 329 Witmer St has a days on market of 18 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 329 Witmer St Los Angeles, CA 90017 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 329 Witmer St

Public county record property details
Beds
4
Baths
3
Year built
1901
Sq. Ft.
2,078
Lot Size
7,216
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9,10
APN
5153-026-027

The source for these homes facts are from public records.

90017 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$639,999
Median List Price/Sq.Ft.
$722
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$478
Total Inventory
96
Median Sale to List Price %
98.54%
Avg Days on Market
55
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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