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1526 WESTERLY TER, Los Angeles, California

$1,699,0008 Beds5 BathsActive

1526 WESTERLY TER, Los Angeles, California 90026
- MLS® ID: 17281484

Property Details

1526 WESTERLY TER, Los Angeles, California 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.

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  • Zip90026
  • CountyLos Angeles
  • SQFT4064
  • Bedrooms8
  • Full baths5.00
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeLARD1.5
  • Year built1962
  • Lot size4809
  • HeatingWall Gas
  • CoolingWall or Window Units
  • Parking4
  • MLS® ID17281484

Listing Courtesy of Keller Williams Hollywood Hills

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