This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$950,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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.
Full Property Details
Full Property Details for 261 Witmer
General
- Sold For: $950,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25256584
- Added to Site: 170 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 6
Location
- Area: C21 - Silver Lake - Echo Park
- County: Los Angeles
- Development Name: C21 - Silver Lake - Echo Park
- Driving Directions: Witmer and 3rd
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: 1
- Square Feet: 3,412
- Year Built: 1949
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.2516
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $278.43
- Price Per Unit: 151429
Listed by Younglewin Advisors, Inc., Jackson Jorgensen and Younglewin Advisors, Inc., Shane Young
Sold by Younglewin Advisors, Inc., Shane Young
Get Pre-Approved Today
Schools
Schools serving 261 Witmer
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gratts Learning Academy For Young Scholars (Glays) 309 Lucas Avenue, Los Angeles, CA 90017 | 2-6 | 0.2 mi |
Sal Castro Middle School 1575 West 2nd Street, Los Angeles, CA 90026 | 7-8 | 0.1 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 261 Witmer
Date
Details
Price
Change
Source
4/06/2026
Sold
$950,000
-10.38%
MLS
1/22/2026
Price Reduced
$1,060,000
-3.64%
MLS
1/20/2026
Price Reduced
$1,100,000
-4.35%
MLS
12/28/2025
Price Reduced
$1,150,000
-7.63%
MLS
12/04/2025
Price Reduced
$1,245,000
-3.86%
MLS
11/07/2025
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
261 Witmer, Los Angeles, CA 90026 (MLS# PW25256584) is a Multi-Family property that was sold at $950,000 on April 06, 2026. Want to learn more about 261 Witmer? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.

