261 Witmer, Los Angeles, CA 90026
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
261 Witmer,Los Angeles, CA 90026
$1,060,000
- - Beds
- - Baths
- 3,412 sq. ft.
- Multi-family
- Pending
Listed by: jackson jorgensen, shane young
Office: younglewin advisors, inc.
MLS#:PW25256584
Source:CRMLS
Price summary
- Price:$1,060,000
- Price per sq. ft.:$310.67
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 addition—substantially increasing the property’s 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
- Year built:1949
- Listing ID #:PW25256584
- Added:106 day(s) ago
- Updated:February 22, 2026 at 08:16 AM
Rooms and interior
- Living area:3,412 sq. ft.
Structure and exterior
- Year built:1949
- Building area:3,412 sq. ft.
- Lot area:0.25 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,060,000
- Price per sq. ft.:$310.67
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