Leave a Message

Thank you for your message. We will be in touch with you shortly.

See all photos
David Lukan
Chao Zhu

1501 Westerly Ter

$1,749,000 1501 Westerly Ter, Los Angeles, CA 90026
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.
  • For Sale
    Status
  • 4
    Bedrooms
  • 4
    Bathrooms
  • 1924
    Year Built
  • 2,142 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 2,142 Sq.Ft.
  • Lot Size: 4,876 Sq.Ft.
  • MLS® ID: 26845089
  • Type: Multi-Family
  • Year Built: 1924
  • Neighborhood: Silver Lake
  • Architecture Styles: Mediterranean

Interior

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Appliances: Garbage Disposal, Built-Ins, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven

Exterior & Building

  • Stories: 2
  • Garage Space: 2.0
  • Parking: Garage Is Detached
  • Heat Type: Central
  • Air Conditioning: Air Conditioning, Central

Financial

  • Sales Price: $1,749,000
  • Zoning: LAR2
View Virtual Tour
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1501 Westerly Ter, Los Angeles, CA 90026. We are reviewing your request and will be in touch shortly!

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

All estimates are provided for informational purposes only. Actual amounts may vary.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

1501 Westerly Ter

Partner with David Lukan & Associates

Leveraging our expertise and local market insight, we guide our partners to make smart decisions and achieve measurable success.
Contact Us