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For sale
  • $1,749,000

    1501 Westerly Ter, Los Angeles, CA 90026

    4beds
    4baths
    2,142sqft
    : 
    $10,973/mo
    Get pre-qualified
    Multi Family
    Built in 1924
    -- sqft lot
    $1,727,400 Zestimate®
    $817/sqft
    $-- HOA

    What's special

    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.
    38 days
    953
    101

    Zillow last checked:

    Listing updated:

    Listed by:

    David Lukan DRE # 01873011 213-700-6515,

    Compass 323-593-6999,

    Chao Zhu DRE # 02180091 818-284-7560,

    Compass

    Source: CLAW,MLS#: 26845089MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Air Conditioning, Central Air
      Appliances
      • Included: Disposal, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
      Features
      • Built-Ins
      Interior area
      • Total structure area: 2,142
      • Total interior livable area: 2,142 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Is Detached
      • Garage spaces: 2
      Features
      • Levels: Multi/Split,Two
      • Stories: 2
      Lot
      • Size: 4,874 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 5425011030
      • Zoning: LAR2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Mediterranean
      • Property subtype: Multi Family
      Condition
      • Year built: 1924

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $817/sqft
      • Tax assessed value: $1,516,135
      • Date on market: 7/20/2026

        Estimated market value

        $1,727,400

        $1.64M - $1.81M

        $5,580/mo

        Price history

        DateEventPrice
        7/23/2026Listed for sale$1,749,000+0.2%$817/sqft
        Source: CLAW #26845089 Report a problem
        4/8/2026Listing removed$1,745,000$815/sqft
        Source: CLAW #26632069 Report a problem
        3/12/2026Contingent$1,745,000$815/sqft
        Source: CLAW #26632069 Report a problem
        3/1/2026Price change$1,745,000-2.8%$815/sqft
        Source: CLAW #26632591 Report a problem
        1/7/2026Listed for sale$1,795,000+38.1%$838/sqft
        Source: CLAW #26632591 Report a problem
        3/5/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/23/2023Listed for rent$5,500$3/sqft
        Source: Zillow Rentals Report a problem
        6/9/2017Sold$1,300,000+0.4%$607/sqft
        Source: CLAW #17220606 Report a problem
        4/27/2017Pending sale$1,295,000$605/sqft
        Source: Deasy Penner & Partners #17220606 Report a problem
        4/13/2017Listed for sale$1,295,000+1750%$605/sqft
        Source: Deasy Penner & Partners #17220606 Report a problem
        2/28/2002Sold$70,000-79.4%$33/sqft
        Source: Public Record Report a problem
        7/30/1999Sold$339,000$158/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,546,454 +2%
        2025$18,309 +1.1%$1,516,135 +2%
        2024$18,108 +2%$1,486,408 +2%
        2023$17,755 +4.9%$1,457,264 +2%
        2022$16,921 +1.7%$1,428,691 +2.5%
        2021$16,634 -1%$1,393,862 +1%
        2020$16,806 $1,379,570 +2%
        2019$16,806 +4.6%$1,352,520 +2%
        2018$16,066 $1,326,000 +164.5%
        2017$16,066 +159.8%$501,314 +2%
        2016$6,184 +2.6%$491,485 +1.5%
        2015$6,028 +1%$484,103 +2%
        2014$5,970 $474,621 +2.5%
        2012-- $463,212 +2%
        2011-- $454,130 +0.8%
        2010-- $450,737 -0.2%
        2009-- $451,809 +2%
        2008-- $442,950 +2%
        2007-- $434,266 +2%
        2006-- $425,752
        2005-- $425,752 +4%
        2004-- $409,222 +1.9%
        2003-- $401,723 +13.9%
        2002-- $352,694 +4%
        2000-- $339,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Silver Lake

        Getting around

        88 / 100
        Very Walkable
        52 / 100
        Good Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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