1217 Westerly Ter, Los Angeles, CA 90026
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1217 Westerly Ter, Los Angeles, CA 90026
1217 Westerly Ter, Los Angeles, CA 90026
1217 Westerly Ter, Los Angeles, CA 90026
1217 Westerly Ter, Los Angeles, CA 90026
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$ 1,695,000
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1217 Westerly Ter Los Angeles, CA 90026

7 Beds

5 Baths

4,043 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,043 sqft

Price per Sqft $419

MLS Listing ID 26780349

Bedrooms 7

Year Built 1967

Lot Size 5,082 Sqft

Acres 0.1167

Property Sub-Type Multi-Family

Property Description

We are pleased to present a four (4) unit apartment building located at 1217 Westerly Terrace in Los Angeles, California. The subject property is located in a prime Silver Lake location, just north of Sunset Blvd and east of Silver Lake Blvd. Located in prime Silver Lake just minutes from Sunset Junction, this fourplex features a desirable unit mix of 75% two-bedroom units and offers approximately 25% rental upside. The property is delivered 50% vacant, including a recently remodeled one-bedroom unit with hardwood floors, stainless steel appliances, and modern finishes. Select units offer views of Sunset Blvd and have the convenience of washer and dryer hookups. A rear vacant room and existing garage present strong ADU conversion potential. The property also qualifies for an attractive 30-year residential financing. Positioned in the heart of Silver Lake, this property benefits from a highly sought-after location surrounded by top-tier dining, retail, and lifestyle amenities. With significant vacancies, incredible views, a desirable two bedroom-heavy unit mix, and multiple opportunities for ADU conversions, this offering presents a compelling value-add investment in one of Silver Lake's most sought-after locations.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Garage Is Attached, Driveway

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

Fatima Malik

Fatima Malik

Broker Associate | License ID: 01950831

+1(310) 968-2085

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1217 Westerly Ter