261 Witmer St - Apartments FOR SALE
Los Angeles, CA 90026 |
261 Witmer St
Los Angeles, CA 90026
HIGHLIGHTS
- Single story construction on a XL 10,958sqft lot running Block to Block
- Six single car garages and tandem spaces
- Convert and expand the garages into ADU's using SB1211 - build up to a two story 7 unit ADU
- R-3 zoning with Tier 2 TOC density bonus - build 13 units by-right or 20 units with density bonus
- 35% upside in rents to market rate
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
261-265 Witmer Street
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
5062
STORIES
1
YEAR BUILT
1949
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5153-027-007
