7-Bedroom Residential Income - 1217 Westerly Terrace, Los Angeles, CA

$1,595,000

1217 Westerly Terrace, Los Angeles, CA

1217 Westerly Terrace, Los Angeles, CA 90026 - $1,595,000 · 7 bd 5 ba Multi-Family Home for Sale, photo 3

1217 Westerly Terrace, Los Angeles, CA 90026 - $1,595,000 · 7 bd 5 ba Multi-Family Home for Sale, photo 4

1217 Westerly Terrace, Los Angeles, CA 90026 - $1,595,000 · 7 bd 5 ba Multi-Family Home for Sale, photo 5

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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.

Property details

Bedrooms

Bathrooms

Square feet

4,043

Year built

1967

Property type

Residential Income

Lot size

5,082 sqft

Location

1217 Westerly Terrace • Los Angeles, CA 90026

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Listed by

Jason Tuvia · Marcus & Millichap

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Closed sales reported in 90026, nearest first, last 12 months. All recent sales in Los Angeles →

Sale history for 1217 WESTERLY Terrace

Sold $1,257,500 in January 2018 · MLS #17289696 · Source: CRMLS