1501 Westerly Terrace

Nestled in one of Silver Lakes most soughtafter pockets this beautifully restored 1920s Mediterranean duplex blends timeless character with thoughtful modern updates The sidebyside residences each span two levels and offer 2 bedrooms 2 bathrooms beautifully updated kitchens and bathrooms central HVAC inunit laundry hardwood floors recessed lighting generous closet space dedicated office nooks and charming sunrooms with views of the surrounding hills and the city skylineWhat 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 enjoymentAdding even more versatility is an approximately 350squarefoot detached partially converted garage offering onecar parking with an EV charger along with a flexible bonus space ideal for an art studio music room home gym or office An additional offstreet parking space is available in the drivewayBoth residences are occupied by excellent monthtomonth tenants paying market rents generating a combined gross monthly income of 10550 5800 and 4750 per month Current annual operating expenses for utilities and maintenance including water sewer trash and landscaping are approximately 7700 With both leases on a monthtomonth basis the property offers exceptional flexibility for investors seeking immediate cash flow or ownerusers looking to occupy one residence while offsetting their mortgage with rental incomeIdeally 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