Millman Team Real Estate

$1,295,000
0.25 Acre Lot

261 Witmer, Los Angeles, California 90026

  • Residential Income Property Type
  • 1949 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
PW25256584
$1,295,000
1949
0.25 Acre
Active
1
Apartment
Features
: None
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90026
Witmer
261
Witmer and 3rd
C21 - Silver Lake - Echo Park
Additional Information
$0
$0
$0
$0
$0
3412
: Urban
1
6.0
: Rectangular Lot
7
2025-11-07
1
: Public
Broker/Agent Information
Younglewin Advisors, Inc.
Jackson Jorgensen
Listing Information
Shane Young
PWYOUNSHA
PB20845
Younglewin Advisors, Inc.
PWJORJAC
PB20845
Conventional
Active
2025-11-08T01:57:55Z
CRMLS
: Standard
2025-11-07T17:48:05Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us