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1606 Westerly Terr
CA 90026
4 Units in Prime Silver Lake
Offered at $1,650,000
Status: Active
Type: Commercial
Bedrooms: 5
Baths: 4
Living Area: 2528 Square Ft.
Lot Size: 4875




Two duplexes on street to street lot in prime Silver Lake. The Westerly St duplex features large 2 bedrooms, 1 bath apartment with canyon views, fireplace, hardwood floors, and central air and heat. Underneath there is a cozy 1 bedroom, 1 bath apartment with views, hardwood floors and original details. Adjacent to it is a large bonus/studio with full bath currently used as storage. Walk down the green path to reach the second duplex facing Randall St. It consists of two 1 br,1 bath apartments built over four garages. All units are separately metered, three apartments have been recently updated. Great buy just one block away from the Silver Lake Reservoir, the Dog Park and many coffee shops and eateries. Gross actual income $103,440 p/year. Very low expenses. Solid investment and with strong revenue stream.

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