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.
Off market
$2,748,700
429 Witmer St, Los Angeles, CA 90017
--beds
0baths
9,310sqft
MultiFamily
Built in 1940
-- sqft lot
$2,748,700 Zestimate®
$295/sqft
$1,865 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None, Other
Appliances
- Included: Range / Oven
Features
- Flooring: Other
Interior area
- Total interior livable area: 9,310 sqft
Property
Parking
- Total spaces: 12
Features
- Exterior features: Other
Lot
- Size: 0.30 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Los Angeles
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Estimated market value
$2,748,700