261 Witmer St

Los Angeles, CA 90026

$1,245,000
Price
7
Beds
7
Baths
3,412 Sq. Ft.
$365 / Sq. Ft.
3,412
Sq. Ft.
$365
per Sq. Ft.
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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...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.

Property Details for 261 Witmer Street

Parking Spaces Total
6
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3412
Assessor Parcel Number
5153-027-007
Property Attached YN
true
LISTING UPDATED: 12/04/2025 04:52 AM

Property Details for 261 Witmer Street

StatusActive
MLS #PW25256584
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1949
CountyLos Angeles County

Location

Listing Courtesy of Younglewin Advisors, Inc., Jackson Jorgensen, DRE #02022727; Younglewin Advisors, Inc., Shane Young, DRE #01963090
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Building Information for 261 Witmer Street

Building/Complex261 Witmer StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1949Building Size-

Payment Calculator

$6,411 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,152

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 261 Witmer Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $114,396
  • Gross Scheduled Income: $114,396
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $76,566
  • Gross Multiplier: 11.32
  • Cap Rate: 5.08
Expense Details
  • Operating Expense: $45,197
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $45,197
Tax / Assessment Info
  • Tax Rate: 1.19
  • Tax Tract Number: 12
  • CFD/Mello-Roos Fee: $1,165
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,668
  • Unit Type Total Rent: $1,668
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,722
  • Unit Type Total Rent: $1,722
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,348
  • Unit Type Total Rent: $1,348
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $889
  • Unit Type Total Rent: $889
  • Unit Type Pro Forma: 1595
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,097
  • Unit Type Total Rent: $1,097
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,109
  • Unit Type Total Rent: $1,109
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 261 Witmer Street

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Price Change

CLAW #PW25256584MR

$1,245,000—
Dec 4, 2025

Price Change

CRMLS #PW25256584

$1,245,000—
Dec 3, 2025

Price Change

SDMLS #PW25256584

$1,245,000—
Nov 7, 2025

Listed (Active)

CRMLS #PW25256584

$1,295,000—
Nov 1, 2025

Listed (Active)

SDMLS #PW25256584

$1,295,000—
Nov 1, 2025

Listed (Active)

CLAW #PW25256584MR

$1,295,000—
DateEvent & SourcePrice
12/04/2025

Price Change

CLAW #PW25256584MR

$1,245,000
12/04/2025

Price Change

CRMLS #PW25256584

$1,245,000
12/03/2025

Price Change

SDMLS #PW25256584

$1,245,000
11/07/2025

Listed (Active)

CRMLS #PW25256584

$1,295,000
11/01/2025

Listed (Active)

SDMLS #PW25256584

$1,295,000
11/01/2025

Listed (Active)

CLAW #PW25256584MR

$1,295,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 261 Witmer Street

Taxable ValueLand$70,424Additions$89,179Total$159,603
Tax Record2025$3,113 ($259 / month)
Home Facts
Total Finished SqFt3,412 SqFtAbove Grade Finished SqFt3,412 SqFtLot Size10,958 SqFtStyleMulti-Family Res (5+ Units)Year Built1949ZoningLAR3CountyLOS ANGELESAPN5153-027-007

Schools near 261 Witmer Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Gratts Learning Academy For Young Scholars (GLAYS)
Public - K to 5
Sal Castro Middle School
Public - 6 to 8
Contreras Learning Center-School Of Social Justice
Public - 9 to 12
Academic Leadership Community School
Public - 9 to 12
Rating
School
Distance
Gratts Learning Academy For Young Scholars (GLAYS)
PublicK to 5

Sal Castro Middle School
Public6 to 8

Contreras Learning Center-School Of Social Justice
Public9 to 12

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 261 Witmer Street, Los Angeles, CA 90026

261 Witmer Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on November 1, 2025 by Younglewin Advisors, Inc., it's currently listed at $1,245,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Gratts Learning Academy For Young Scholars (GLAYS), Sal Castro Middle School and Contreras Learning Center-School Of Social Justice. 261 Witmer Street is a 7-bed, 7-bath, 3,412 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Younglewin Advisors, Inc., Jackson Jorgensen, DRE #02022727; Younglewin Advisors, Inc., Shane Young, DRE #01963090

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.