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$ 1,595,000
Est. payment | /mo
7 Beds
5 Baths
4,043 SqFt
$ 1,595,000
Est. payment | /mo
7 Beds
5 Baths
4,043 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,043 sqft
Price per Sqft $394
MLS Listing ID 26845161
Bedrooms 7
HOA Y/N No
Year Built 1967
Lot Size 5,083 Sqft
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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR2
Interior
Fireplace No
Exterior
Parking Features Driveway, Garage
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5426003004
Special Listing Condition Standard
Listed by Jason Tuvia Marcus & Millichap #01772495
Nearby Locations
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