1217 Westerly Terrace, Los Angeles, CA 90026

• 3 beds
• 4,043 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 22, 2026

Data Last Updated:

May 1, 2026 at 7:06AM

Listing Office:

Marcus & Millichap : 818-212-2700

Listing Agent:

Jason Tuvia : 818-212-2735

MLS ID:

CL26780349

Exterior

• Parking: OtherParking spaces: 0

Location

• County: Los Angeles

Lot

• Zoning: LAR25426003004