1217 Westerly Terrace, Los Angeles, CA 90026
List Price: $1.59M
Listing Status: Active
0Days on Market: 0
7 Bedrooms · 5 Bathrooms · 4,043 sq ft
Property Type: ResidentialIncome
Year Built: 1967
Lot Size: 5,082 sq ft
MLS Number: 26845161
About This Property
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.
Listing provided by: Jason Tuvia DRE #01772495 818-212-2700 jtuvia@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: 26845161
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.