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Four-Unit Multifamily Building
For Sale
$1,695,000

1217 Westerly Terrace, Los Angeles, CA 90026

Four-unit multifamily property for sale with a listed price of $1,695,000.

Property SizeContact for details
Days on Market122

Property Features for 1217 Westerly Terrace

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 4

Amenities

Prime Silver Lake Location - Walking Distance to Sunset Junction
Fourplex - 75% 2-Bedroom Units
Delivered 50% Vacant
Vacant One-Bedroom Unit Remodeled Recently - Hardwood Floors Throughout with Berber Carpet in Bedroom, Recessed Lighting with Dimmers, A/C Wall Unit, Stainless Steel Appliances, and Faux Wood Blinds
Bonus ~400 SF Vacant Room in the Rear - Possible ADU Conversion
On-Site Garage Parking - Excellent Opportunity to Convert to an ADU
On-Site Laundry Room
Select Units have Washer and Dryer Hookups

Building Details

Units 4
Listing Agency: Marcus & Millichap - Encino
Listed By: Jason Tuvia · License #License(s): CA: 01772495
Source: Marcusmillichap
Added: May 8 Changed: Aug 23 Last Checked: Sep 5 at 3:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

This for-sale multifamily property consists of four units in a quadplex configuration. The listing is priced at $1,695,000, or $423,750 per unit, and totals 4,043 square feet of property size.

The property is located at 1217 Westerly Terrace, Los Angeles, CA 90026. It is being marketed as a four-unit residential income opportunity, offering a straightforward building-level structure for ownership or investment consideration.

Key Highlights

  • Four‑unit multifamily property listed at $1,695,000
  • Built in 1967
  • $423,750 per unit (listing remark)

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Accounting Firm Tech Support Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,680
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property for sale with a listed price of $1,695,000.
Where is this quadplex located?
The property is located at 1217 Westerly Terrace Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Four‑unit multifamily property listed at $1,695,000; Built in 1967; $423,750 per unit (listing remark)
More about this property
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