1501 Westerly Terrace , Los Angeles, CA 90026
$1,749,000
Est. Payment: $8,800.69/mo
4 Bed
4 Bath
2142 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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, 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.

Highlights

Listed by David Lukan , 213-700-6515 and Chao Zhu , 818-284-7560 Compass , 323-593-6999. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1924

County

Los Angeles

Area

C21 - Silver Lake - Echo Park

Listing ID

26845089

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:0
Appliances:Dishwasher, Disposal, Refrigerator, Dryer, Washer
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:3
Zoning:LAR2
Others:2+ Total Units
Principal Interest
$8,801
Taxes
$1,115

Home Price

$1,749,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$349,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,800.69

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,800.69 $1,114.99 $0.00 $9,915.68
Yearly $105,608.30 $13,379.85 $0.00 $118,988.15
Total $3,168,248.94 $401,395.50 $0.00 $3,569,644.44

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T10:35:52.000Z

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