1501 Westerly Terrace, Los Angeles, CA 90026
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1501 Westerly Terrace Los Angeles, CA 90026

$4,750 Leased Price as of 04/24/2023
  • 2 Beds
  • 2 Baths
  • 1,200 Sq.Ft.
Leased
$4,750 Leased Price as of 04/24/2023 Refinance Your Mortgage

Map preview of 1501 Westerly Terrace, Los Angeles, CA 90026

Property Overview: 1501 Westerly Terrace Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,200 living square feet and 4,874 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nestled in a prime pocket of Silver Lake is this rarely available unit in a fully restored, 1920's Mediterranean duplex. This quintessential bohemian retreat is split on 2 levels with a total of 1,125sf of living space all of which is flooded with natural light and is oozing with charm. Upon entry on the main level is the living room, dining room, updated kitchen with granite counter tops, a guest bathroom, and laundry room. The second floor has a guest bedroom, a remodeled bathroom cloaked in Carrera marble tiles and a sizable primary suite with a walk-in closet and an attached sunroom with beautiful views. Additional features of the main residence include hardwood floors, central HVAC, front loading Washer & Dryer to name a few. What further makes this property shine is the front outdoor space/deck that is for exclusive use to the tenant. The property is fully fenced offering privacy and security including exterior lighting. The eclectic mix of succulents, luscious plants, and fruit trees makes this property true oasis perfect for entertaining and relaxing. 1 uncovered Parking is spot is included. All of this is offered in a location that can't be beat, just a stones throw from some of the best dining, shopping, and entertainment that Silver Lake has to offer. Come live your best life at this one of a kind oasis.

Listed by David Lukan | BRE #01873011 | Compass
Last checked: 1 minute ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
4,874
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Condominium
Status
Leased
MLS#
23259515
City
Los Angeles
County
Los Angeles
Time on Site
403 days

Property Details for 1501 Westerly Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile, Carpet
  • Art Studio, Den, Living Room, Master Bathroom, Walk-In Closet, Sun
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Has View
  • View: City Lights, Hills
  • Parcel Number: 5425011030
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: google.com
View more facts & features

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Sale History for 1501 Westerly Terrace

Last leased for $4,750 on April 24th, 2023
  • April, 2023

  • Apr 24, 2023

    Date

    Leased

    CRMLS: 23259515

    $4,750

    Price

  • Apr 11, 2023

    Date

    Active

    CRMLS: 23259515

    $4,500

    Price

  • March, 2023

  • Mar 8, 2023

    Date

    Leased

    CRMLS: 23244243

    $5,800

    Price

  • Feb 22, 2023

    Date

    Active

    CRMLS: 23244243

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Nestled in a prime pocket of Silver Lake is this rarely available owners unit in a fully restored, 1920's Mediterranean duplex. This quintessential bohemian retreat is split on 2 levels with a total of 1,125sf of living space all of which is flooded with natural light and is oozing with charm. Upon entry on the main level is the living room, dining room, remodeled kitchen with quartz counter tops and stainless steel appliances, a remodeled guest bathroom, and laundry room. The second floor has a guest bedroom, a remodeled bathroom cloaked in Carrera marble tiles and a sizable primary suite with a walk-in closet and an attached sunroom with beautiful views. Additional features of the main residence include hardwood floors, French doors, central HVAC, front loading Washer & Dryer, and custom lighting to name a few. What makes this property truly shine are the stunning outdoor spaces that are for exclusive use to the tenant. The property is fully fenced offering a great amount of privacy and security including exterior lighting and Ring cameras. The eclectic mix of succulents, luscious plants, and fruit trees makes this a true oasis perfect for entertaining and relaxing. There are multiple patios that offer a variety of uses, a built-in BBQ grill, and at night it truly is magical thanks to the landscape lighting that highlights the beauty of this mini compound. That's not all... there is 350sf free standing partially converted garage that includes a creative space perfect for music, art, yoga, etc. Parking is a breeze thanks to the 1 garage spot with electric car charger as well as an additional parking spot in the driveway. All of this is offered in a location that can't be beat, just a stones throw from some of the best dining, shopping, and entertainment that Silver Lake has to offer. Come live your best life at this one of a kind oasis.

  • June, 2017

  • Jun 12, 2017

    Date

    Sold

    CRMLS: 17220606

    $1,300,000

    Price

  • Apr 27, 2017

    Date

    Pending

    CRMLS: 17220606

    $1,295,000

    Price

  • Apr 13, 2017

    Date

    Active

    CRMLS: 17220606

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    Classic 1920s era Mediterranean Revival style side-by-side duplex. Very well-maintained, pride-of-ownership. Vintage details with modern amenities: hardwood and tile floors throughout, each unit has separate one-car garage and washer and dryer; all copper plumbing, new roof (2017), and shared back yard. Unit 1503 has 1 1/2 baths and currently rents for $2475; Unit 1501 has 1 3/4 bath and will be vacant May 1, 2017 (perfect for owner-user).

  • June, 2017

  • Jun 9, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • July, 1999

  • Jul 30, 1999

    Date

    Sold (Public Records)

    Public Records

    $339,000

    Price

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Tax History for 1501 Westerly Terrace

Assessed Value (2020): $1,379,570
Year Land Value Improved Value Assessed Value
2020 $1,061,208 $318,362 $1,379,570

Home Value Compared to the Market

This property vs the competition

1501 Westerly Terrace has recently been leased in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment.

About 1501 Westerly Terrace

Detailed summary of property

1501 Westerly Terrace is a condominium that was recently leased in Los Angeles, CA 90026. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,200 living square feet, and sits on an approximately 4,874 square foot lot. 1501 Westerly Terrace was first listed on ArdentRealEstateGroup.com on April 14, 2023. The homeowner leased the property for $4,750. While the average home in Los Angeles, CA is selling in 93 days, 1501 Westerly Terrace has a days on market of 6 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. Local homes that are currently for sale include 1854 Redcliff St, 940 Micheltorena St and 2336 Berkeley Ave. For more information on this home for lease at 1501 Westerly Terrace Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1501 Westerly Terrace

Public county record property details
Beds
4
Baths
2
Year built
1924
Sq. Ft.
2,142
Lot Size
4,874
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
286
APN
5425-011-030

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 1501 Westerly Terrace

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.