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261 Witmer, Los Angeles, CA 90026

Property

261 Witmer, Los Angeles, CA 90026 Sold April 2026 CRMLS
$950,000Sold April 2026

Listing Agent: Jackson Jorgensen (DRE #02022727) · Listing Office: Younglewin Advisors, Inc. · Contact: jack@younglewin.com · Bought with: Shane Young · Younglewin Advisors, Inc. · MLS #PW25256584 · Source: CRMLS

10,961 sqft
Lot Size
1949
Year Built
Property
Type
6
Garage

About this property

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.

Listing description from the April 2026 sale, as reported to CRMLS.

Sale history

$950,000
Sold April 2026 · listed $1,060,000, orig. $1,295,000, on market November 2025 · MLS #PW25256584 · Source: CRMLS
Listing Agent: Jackson Jorgensen · Listing Office: Younglewin Advisors, Inc. · Contact: jack@younglewin.com · Bought with: Shane Young · Younglewin Advisors, Inc.
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