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Restored Duplex with Private Outdoor Areas
For Sale
$1,749,000

1501 Westerly Ter, Los Angeles, CA 90026

Side-by-side two-level units with in-unit laundry and dedicated outdoor space within a fully fenced, landscaped garden.

Property Size2,142 SF
Days on Market97

Property Features for 1501 Westerly Ter

General Information

Standard status Active
Size 2,142 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Silver Lake

Additional Details

Multifamily Units 2

Building Details

Building Size 2,142 SF
Year Built 1924
Tenancy Multi
Listing Agency: Compass
Listed By: David Lukan · License #01873011
Source: Milsteinestates
Added: Jul 20 Changed: Oct 24 Last Checked: Oct 23 at 1:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

This restored 1920s Mediterranean duplex offers side-by-side residences, each spread across two levels with 2 bedrooms and 2 bathrooms. Interiors include updated kitchens and bathrooms, central HVAC, in-unit laundry, hardwood floors, recessed lighting, and generous closet space, with dedicated office nooks and sunrooms featuring views of the surrounding hills and the city skyline.

Each residence has its own private outdoor area, and the fully fenced grounds add privacy and security with exterior lighting and security cameras. Landscaping includes lush plantings, mature succulents, and fruit trees, creating a garden setting suited to both everyday use and entertaining.

A detached, partially converted garage provides approximately 350 square feet of flexible bonus space, along with one-car parking and an EV charger. An additional off-street parking space is available in the driveway. Both units are currently occupied by month-to-month tenants paying market rents, with combined gross monthly income of $10,550. Approximate current annual operating expenses for utilities and maintenance, including water, sewer, trash, and landscaping, total $7,700. The property is located near the reservoir, Sunset Junction, Erewhon, and surrounding restaurants, boutiques, and nightlife.

Key Highlights

  • Restored 1920s Mediterranean duplex built in 1924 with side‑by‑side two‑level layout
  • Each unit offers 2 bedrooms and 2 bathrooms with updated kitchens and bathrooms, plus central HVAC and in‑unit laundry
  • Dedicated private outdoor area for each residence plus fully fenced grounds with exterior lighting and security cameras

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,481
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side two-level units with in-unit laundry and dedicated outdoor space within a fully fenced, landscaped garden.
Where is this duplex located?
The property is located at 1501 Westerly Ter Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: Restored 1920s Mediterranean duplex built in 1924 with side‑by‑side two‑level layout; Each unit offers 2 bedrooms and 2 bathrooms with updated kitchens and bathrooms, plus central HVAC and in‑unit laundry; Dedicated private outdoor area for each residence plus fully fenced grounds with exterior lighting and security cameras
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