Prevu by reAlpha
BuySellBlogBrowse Listings

1217 Westerly TerraceLos Angeles, CA 90026

For Sale

$1,695,000

Smart Buyer Rebate $16,950

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.

Listed by Jason Tuvia

·

License #01772495

·

Marcus & Millichap

·

818-212-2735

Last updated April 30, 2026

·

Source: CRMLS #26780349

Listing Facts

  • TypeMulti-family
  • NeighborhoodSilver Lake
  • Bedrooms7
  • Days on Prevu10
  • Size4,043 sqft
  • Price per sqft$419

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/22/2026
Listed by Marcus & Millichap
$1,695,000

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: 5.48
  • 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

  • Attached Garage: Yes
  • Parking Features: Driveway

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 29% below the average price for multi-family homes in Silver Lake and has been on the market for 89 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. Listed on Prevu for 10 days at $1,695,000. This property 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. View other 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.