Multi-Family for sale in Southern California — $1,595,000. 7 beds · 5 baths · 4,043 sqft. 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 boast…
$1,595,000
1217 Westerly Terrace, Los Angeles, CA 90026
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 updated: July 6, 2026 at 10:27 AM
Listed by: Jason Tuvia, Marcus & Millichap
Source: CRMLS, MLS#: 26845161, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/09/2026 Source: CRMLS, #26845161 | Listed for sale | $1,595,000$395/sqft |
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