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Closed
- Listed price
- $1,100,000
- Listed Nov 1, 2017
- Sold price
- $1,100,000
- Sold Dec 19, 2017
5,992 sqft lot|1923 Built|6 MLS days on market
407 Witmer St, Los Angeles, CA 90017
Property Description
8 bungalow style units in prime area just west of Downtown LA with 25% upside in rents.  Below market rents and long-term tenants allow significant upside for the new buyer.  Separately metered for electricity and gas, the new ownership will enjoy a great tenant profile in a low maintenance and nicely maintained property.  Each resident enjoys the quaint 1 bedroom, 1 bath bungalow style unit with lots of Spanish architecture and charm in both interior and exterior.  Located just west of Downtown LA in an transitioning area with plenty of large and new developments, the opportunity to acquire this cash flow property will not last long.  Priced for a quick sale at only $1,100,000 ($137,500 door).
Listing agent: Brian GordonDRE #01302670brian_gordon@sbcglobal.net, Listing office: Lotus Property Services, Inc.
MLS data updated 11/3/2026, 9:31:54 PM PT
Source: CRMLSMLS #: AR17248800
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,100,000
Dec 19, 2017
Available records32017
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90017 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90017 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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