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Overview
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1526 Westerly Terrace, Los Angeles, CA 90026
1526 Westerly Terrace, Los Angeles, CA 90026
Estimation provided by Keller Williams Realty, LLC.
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Property Description
This four-unit apartment building in Silver Lake sits on a hillside affording gorgeous views with peeks of downtown and the hills from the spacious deck of the top-floor owners' unit. This beautifully-maintained property is located near restaurants and shopping on Silver Lake Blvd just south of the reservoir, which has a walking/running trail around the lake. The owners' unit is a large 2BR/2BA floorplan with two parking spaces in the four-car detached garage. Each of the remaining three units are large two-bedroom apartments with reliable tenants. The property also has a private laundry room with coin-operated washer/dryer for use by the tenants. The central location is convenient to Downtown LA and close to both the 101 and 5 freeways for easy commuting to the Valley. With a Cap Rate of 5 percent, this property is a great opportunity for an owner-occupant or investor. Owner's unit will be delivered vacant and total projected rents for all four units is over $10,000/month.
Property Details
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Overview
Property Type
Multi-Family
Property Size
Year Built
1962
Days on Site
1,783 Days
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
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Transit & Commute
Estimated commute times from Silver Lake Micheltorena
Car-Dependent
Walkable
Very Walkable
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