261 Witmer, Los Angeles, CA 90026
Local realty services provided by:CENTURY 21 Affiliated
261 Witmer,Los Angeles, CA 90026
$1,060,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jackson jorgensen, shane young
Office: younglewin advisors, inc.
MLS#:PW25256584
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,060,000
About this home
We are pleased to present 261 Witmer Ave, a seven-unit apartment building located in the Filipinotown/Westlake neighborhood of Los Angeles to market for the first time in over fifty years. The property is made up of two side by side single story structures consisting of five 1 bed/1 bath units, one 2 bed/1 bath unit, and one studio unit on a large 10,958 square foot lot that runs block to block. Parking is ample, with six single-car garages at the rear of the property and one surface parking space in front of each garage. Under SB 1211, a new owner has the opportunity to convert and expand the garages into ADUs, allowing for the construction of up to a two-story, seven-unit ADU additionsubstantially increasing the propertys income potential. Current rents are approximately 35% below market, providing strong upside potential for a new buyer. The site is zoned R-3 with a Tier 2 TOC density bonus, allowing for the development of up to 13 units by right and 20 units with the density bonus.
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Home facts
- Listing ID #:PW25256584
- Added:131 day(s) ago
- Updated:March 19, 2026 at 02:01 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Finances and disclosures
- Price:$1,060,000
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