1526 Westerly Ter, Los Angeles, CA 90026

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.