261 Witmer, Los Angeles, CA

$1,060,000

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4

Beds

4

Baths

0.25

Acres

About 261 Witmer

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.

Features of 261 Witmer

MLS® # PW25256584
Price $1,060,000
Bedrooms 4
Bathrooms 4.00
Acres 0.25
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 261 Witmer
Area LOS ANGELES (90026)
City Los Angeles
County Los Angeles
State CA
Zip Code 90026

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Additional Information

Date Listed November 7th, 2025
Days on Market 98
Zoning Appraiser
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeYounglewin Advisors, Inc.

Listing Map

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