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1217 Westerly Terrace

Los Angeles CA 90026

7
5
4043 sq. ft.
5082 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

7 bedrooms
5 bathrooms
4043 sq. ft. floor area
5082 sq. ft. lot size
Other

Property history for 1217 Westerly Terrace

2018
Sold
$1,257,500
07 Jan 2018 by John Barrentine, of Keller Williams Larchmont

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 7 bedroom other properties in Los Angeles

In the last 12 months, 3 seven-bedroom other properties similar to 1217 Westerly Terrace, have been sold.

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(619) 566-0008
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