429 WITMER Street, Los Angeles, CA 90017

About this property

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.

Listing description from the October 2016 sale, as reported to CRMLS.

Sale history

$2,000,000

Sold October 2016 · listed $2,039,000, on market January 2016 · MLS #16976551 · Source: CRMLS

Listing Agent: Mi Jeong Kim · Listing Office: New Star Realty · Contact: 213-385-4989 · Bought with: Jennifer Oh · New Star Realty

$1,100,000

Sold April 2012 · listed $1,150,000, orig. $1,230,000, on market July 2011 · MLS #11542207 · Source: CRMLS

Listing Agent: Connie Kim · Listing Office: Coldwell Banker Wilshire · Contact: 213-637-1112 · Bought with: Subscriber Non · Non-Participant Office

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