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410 Witmer St, Los Angeles, CA 90017
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410 Witmer St Los Angeles, CA 90017

$1,475,000 Sold Price as of 02/08/2024
  • 0 Beds
  • 20 Baths
  • 7,999 Sq.Ft.
Sold
$1,475,000 Sold Price as of 02/08/2024 Refinance Your Mortgage
Map preview of 410 Witmer St, Los Angeles, CA 90017

Property Overview: 410 Witmer St Los Angeles, CA has -- bedrooms, 20 bathrooms, 7,999 living square feet and 9,069 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Ricardo Acevedo | BRE #01812103 | CENTURY 21 KING
Last checked: 16 minutes ago | Last updated: February 14th, 2024 | Source CRMLS | DOM: 115

Home details

Lot Sq. Ft
9,069
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
CV23147287
City
Los Angeles
County
Los Angeles
Time on Site
286 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
  • # of Leased Units: 19
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $4,750
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $915
  • Total Rent: $915
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $865
  • Total Rent: $865
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $825
  • Total Rent: $825
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $815
  • Total Rent: $815
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $810
  • Total Rent: $810
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 7
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $790
  • Total Rent: $3,160
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $775
  • Total Rent: $775
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 9
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $675
  • Total Rent: $675
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $670
  • Total Rent: $670
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 12
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $735
  • Total Rent: $735
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $173,940
  • Net Operating Income: $113,731
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $60,209
  • Electric: $0
  • Gas/Fuel: $7,800
  • Trash: $0
  • Insurance: $3,888
  • Professional Management: $11,400
  • Water/Sewer: $0
  • Other Expenses: $37,212
  • Other Expense Description: watr&pow

Property Details for 410 Witmer St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 20
  • Parcel Number: 5153025015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: 1/2 Mile west of the DTLA Financial District located between 3rd and 6th Street
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 410 Witmer St

Last sold for $1,475,000 on February 8th, 2024

  • February, 2024

  • Feb 8, 2024

    Date

    Sold

    CRMLS: CV23147287

    $1,475,000

    Price

  • Aug 8, 2023

    Date

    Active

    CRMLS: CV23147287

    $2,900,000

    Price

  • September, 2006

  • Sep 28, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 1977

  • Sep 13, 1977

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 410 Witmer St

Assessed Value (2020): $253,194
Year Land Value Improved Value Assessed Value
2020 $59,335 $193,859 $253,194

Home Value Compared to the Market

This property vs the competition

410 Witmer St sold on February 8, 2024 for 110.08% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $312.54 per/sqft which puts the price per square foot 58.6% lower than the current median sale per square foot for the city of Los Angeles.

About 410 Witmer St

Detailed summary of property

410 Witmer St is a apartment that recently sold in Los Angeles, CA 90017. This apartment offered -- bedrooms, 20 bathrooms, roughly 7,999 living square feet, and sits on an approximately 9,069 square foot lot. 410 Witmer St was first listed on ArdentRealEstateGroup.com on August 8, 2023. The homeowner sold the property for $1,475,000. 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 110.08% higher than the current median priced home. Local homes that are currently for sale include 577 Venice Boulevard, 1312 Laveta Terrace and 2300 W 12th St. While the average home in Los Angeles, CA is selling in 92 days, 410 Witmer St has a days on market of 115 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 410 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 410 Witmer St

Public county record property details
Beds
--
Baths
20
Year built
1928
Sq. Ft.
7,999
Lot Size
9,069
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,11
APN
5153-025-015

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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Thinking of Selling?
Call, Text or Message
(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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