About This Home

This 4-bedroom, 4-bathroom residential multi family at 1501 Westerly Ter in Los Angeles, CA is listed for $1,749,000 ($817 per sqft). Built in 1924, the home offers 2,142 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1924
  • 0.11 acre lot
  • 2 stories
  • 3 parking spaces

Property Details

2 stories
4 full
3 spaces
1924

Amenities

EV ChargerA/C
Listing Description

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, rece

ssed 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.

Monthly Cost Estimate

$9,354/mo

20% down · 6.5% · 30 years

Principal$1,265
Interest$7,579
Insurance$510

Estimates only. Actual payments may vary.

Location

1501 Westerly Ter

Los Angeles, CA 90026

Property Details

Parking

Garage

Heating

Central

Cooling

Central Air

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 1501 Westerly Ter is listed at $1,749,000 ($817/sqft). The estimated monthly payment is $9,354 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1924, 0.11 acre lot, 2 stories, 3 parking spaces.

This property is listed by David Lukan and can be reached at 2137006515.

DL

David Lukan

License 01873011

Agent at Compass

(213) 700-6515

Listed by Compass · Broker phone: 3235936999 · View on Broker Site · Broker website

MLS# 26845089· Source: The MLS/CLAW· 62 days on PropertySimple

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1501 Westerly Ter, Los Angeles, CA 90026

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