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.
| MLS # | 26845161 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 108 |
| Listing Provided By | Marcus & Millichap | Jason Tuvia |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 4,043 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.12 |
| Parking Features | Driveway, Garage |
|---|---|
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,595,000 low | high Med: $1,050,000 sqft: 4,043 low | high Med: 1,728 $ / sqft: $395 low | high Med: $608 On site: 108 low | high Med: 16 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,595,000 low | high Med: $1,050,000 sqft: 4,043 low | high Med: 1,728 $ / sqft: $395 low | high Med: $608 On site: 108 low | high Med: 16 | |