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.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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