1501 Westerly Terrace, Los Angeles, CA 90026
Local realty services provided by:ERA Carlile Realty Group
1501 Westerly Terrace,Los Angeles, CA 90026
$1,749,000
- 4 Beds
- 4 Baths
- 2,142 sq. ft.
- Multi-family
- Active
Listed by: david lukan, chao zhu
Office: compass323-593-6999
MLS#:26845089
Source:CRMLS
Price summary
- Price:$1,749,000
- Price per sq. ft.:$816.53
About this home
Nestled in one of Silver Lake's most sought-after pockets, this beautifully restored 1920s Mediterranean duplex blends timeless character with thoughtful modern updates. The side-by-side residences each span two levels and offer 2 bedrooms, 2 bathrooms, beautifully updated kitchens and bathrooms, central HVAC, in-unit laundry, hardwood floors, recessed lighting, generous closet space, dedicated office nooks, and charming sunrooms with views of the surrounding hills and the city skyline.What truly sets this property apart are its exceptional outdoor spaces. Each residence enjoys its own private outdoor area, while the fully fenced grounds provide an uncommon sense of privacy and security, complete with exterior lighting and security cameras. Lush landscaping, mature succulents, vibrant plantings, and fruit trees create a tranquil garden retreat equally suited for entertaining or everyday enjoyment.Adding even more versatility is an approximately 350-square-foot detached, partially converted garage offering one-car parking with an EV charger, along with a flexible bonus space ideal for an art studio, music room, home gym, or office. An additional off-street parking space is available in the driveway.Both residences are occupied by excellent month-to-month tenants paying market rents, generating a combined gross monthly income of $10,550 ($5,800 and $4,750 per month). Current annual operating expenses for utilities and maintenance, including water, sewer, trash, and landscaping, are approximately $7,700. With both leases on a month-to-month basis, the property offers exceptional flexibility for investors seeking immediate cash flow or owner-users looking to occupy one residence while offsetting their mortgage with rental income.Ideally located just moments from the reservoir, Sunset Junction, Erewhon, acclaimed restaurants, boutiques, and nightlife. This is a rare opportunity to own a beautifully restored duplex in one of Los Angeles' most vibrant and coveted neighborhoods....
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Home facts
- Year built:1924
- Listing ID #:26845089
- Added:22 day(s) ago
- Updated:August 12, 2026 at 11:16 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Kitchen Description:Dishwasher, Disposal, Refrigerator
- Living area:2,142 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1924
- Building area:2,142 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Mediterranean
- Levels:2 Story
Finances and disclosures
- Price:$1,749,000
- Price per sq. ft.:$816.53
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:3
- Garage:Yes
- Garage spaces:2
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