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1217 Westerly TerraceLos Angeles, CA 90026

For Sale

$1,595,000

Smart Buyer Rebate $15,950

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.

Listed by Jason Tuvia

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License #01772495

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Marcus & Millichap

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818-212-2735

Last updated June 09, 2026

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Source: CRMLS #26845161

Listing Facts

  • TypeMulti-family
  • NeighborhoodSilver Lake
  • Bedrooms7
  • Days on Prevu7
  • Size4,043 sqft
  • Price per sqft$395

Amenities

  • Parking

Location

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Listing History

06/09/2026
Listed by Marcus & Millichap
$1,595,000

Property Details for 1217 Westerly Terrace

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1967

Measurements

  • Building Area Total: 4,043
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,082
  • Lot Size Square Feet: 5,082
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.9
  • Gross Income: $127,536.00

Taxes

  • Parcel Number: 5426003004

Interior

Measurements

  • Living Area: 4,043

Rooms

  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7

Parking

Parking

  • Garage: Yes
  • Parking Features: Driveway, Garage

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 7 bedrooms in this multi-family home at 1217 Westerly Terrace.

How does 1217 Westerly Terrace compare to other multi-family homes in Silver Lake?

This multi-family home is listed 33% below the average price for multi-family homes in Silver Lake and has been on the market for 92 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,043 sqft.

1217 Westerly Terrace is a 7-bedroom multi-family home for sale in Los Angeles CA 90026. On Prevu for 7 days at $1,595,000. This residence features 4,043 square feet of living space, located in Silver Lake. The median listing price for multi-family homes in this area is $1,849,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.