1501 Westerly TE
Los Angeles, CA, 90026
$1,749,000
4 Beds
4 Baths
2,142 SqFt
0.11 Acres
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MLS #26845089 image #0
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.

Property Details

Price:
$1,749,000
MLS #:
26845089
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
c21silverlakeechopark
Listed Date:
Jul 23, 2026
Finished Sq Ft:
2,142
Total Sq Ft:
2,142
Lot Size:
4,876 sqft / 0.11 acres (approx)
Year Built:
1924
MediterraneanC21 – Silver Lake – Echo ParkC21silverlakeechopark

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Schools

Interior

Appliances
DW, GD, RF
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Levels
U, S

Exterior

Architectural Style
MED
Garage Spaces
2
Parking Spots
3
Parking Total
3

Financial

Gross Operating Income
$126,600
Net Operating Income
$88,110

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Jul 25, 2026
7,671
Single Family Listed
81
Avg DOM
436
Avg $ / SqFt
$1,619,005
Avg List Price

Property Summary

    1501 Westerly TE Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90026. It is listed for $1,749,000 and features 4 beds, 4 baths, and has approximately 2,142 square feet of living space, and was originally constructed in 1924. The current price per square foot is $817. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,619,005.

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