Back 261 Witmer Street
Off Market

261 Witmer Street

Los Angeles CA 90026

4
4
10961 sq. ft.
Multi-Family
Last sold for $950,000
Jackson JorgensenJackson Jorgensen, last sold this property on 06 April 2026 after 148 days on market.

Overview

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 additionsubstantially increasing the propertys 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.

Features

4 bedrooms
4 bathrooms
10961 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Los Angeles over the last 12 months, the estimated median property value of 261 Witmer Street is $1.3m.

Median value
$1.3m
Estimated value range
$800k - $1.45m
Median days on market
98
Estimated value trend
24%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 261 Witmer Street

2026
Sold
$950,000
06 Apr 2026 by Jackson Jorgensen, of Younglewin Advisors, Inc.

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 4 bedroom multi families in Los Angeles

In the last 12 months, 6 four-bedroom multi families similar to 261 Witmer Street, have been sold.

This represents a 133% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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