1217 Westerly Terrace, Los Angeles, CA 90026

$1,595,000
7
BD
5
BA
4,043
SqFt

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List Price
$1,595,000
Status
ACTIVE
MLS#
26845161
Year Built
1967
Bedrooms
7
Bathrooms
5
Living Sq. Ft
4,043
Lot Size
5,082
Acres
0.12
Days on Market
49
Property Type
Multifamily
Stories
Multi Level

Property Description

Located in the heart of Silver Lake, 1217 Westerly Terrace is a distinctive hillside fourplex offering a rare combination of owner-user flexibility, value-add potential, and exceptional walkability. The property boasts a 94 Walk Score ("Walker's Paradise") and is just minutes from Sunset Junction's renowned dining, retail, and entertainment destinations. Its unique tiered layout positions each unit at a different elevation with no shared walls, creating enhanced privacy and a single-family home feel. Immediate occupancy flexibility allows new ownership to implement its own leasing strategy and capitalize on strong rental demand. Additional highlights include a desirable unit mix consisting of 75% two-bedroom units, approximately 25% rental upside, multiple ADU conversion opportunities, and a completed SB721 inspection, helping streamline buyer due diligence.

Additional Information

Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Jason Tuvia (jtuvia@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.