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1506 N Benton Way, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 3 bath

1506 N Benton Way, Los Angeles, California 90026 home-pic-0
ACTIVE$1,850,000
1506 N Benton Way, Los Angeles, California 90026
4Beds
3Baths
1,475Sqft
4,003Lot
Year Built
1916
Close
-
List price
$1.85M
Original List price
$1.85M
Price/Sqft
$1,254
HOA
-
Days on market
-
Sold On
-
MLS number
25606287
Home ConditionExcellent
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.85M(71th), sqft - 1475(43th), beds - 4(71th), baths - 3(57th).

Street-to-Street Silver Lake Compound | Two Homes on One Lot (4BR / 3BA Main + 2BR / 2BA Guest). A rare Silver Lake opportunity: a 2025 rebuild delivering two complete homes on one street-to-street lot. The upper 4BR / 3BA main residence (1,475 sf) features open-plan living, dining, and kitchen spaces that spill onto a view deck for effortless indoor-outdoor living. Below, through a separate gated entry, an 897 sf 2BR / 2BA guest house with a true two-car garage offers total independence - ideal for rental income, extended family, or a private studio. Fully remodeled in 2025 with modern systems, finishes, and foundation/seismic upgrades, this property delivers peace of mind rarely found in historic Silver Lake. Ideal for generating income, working from home, or teaching a young entrepreneur how to Airbnb.

Nearby schools

2/10
Mayberry Street Elementary School
Public,•K-6•0.1mi
5/10
Micheltorena Street Elementary School
Public,•K-5•0.5mi
8/10
Clifford Street Elementary School
Public,•K-6•0.6mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.9mi
3/10
Elysian Heights Elementary School
Public,•K-6•1.0mi
/10
Lake Street Primary School
Public,•K-1•1.2mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.4mi
8/10
Allesandro Elementary School
Public,•K-6•1.4mi
7/10
Dorris Place Elementary School
Public,•K-6•1.7mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.9mi
7/10
Solano Avenue Elementary School
Public,•K-6•2.1mi
6/10
Castelar Street Elementary School
Public,•K-5•2.1mi
2/10
Logan Street Elementary School
Public,•K-8•0.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.1mi
5/10
Virgil Middle School
Public,•6-8•1.6mi
3/10
Sal Castro Middle School
Public,•6-8•1.7mi
6/10
Irving STEAM Magnet
Public,•6-8•2.7mi
5/10
Florence Nightingale Middle School
Public,•6-8•2.8mi
3/10
Belmont Senior High School
Public,•9-12•1.7mi
8/10
John Marshall Senior High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
10/14/25
Listing
$1,850,000
02/19/09
Sold
$490,000
09/26/03
Sold
$385,000
Condition Rating
Excellent
Despite being built in 1916, the MLS description explicitly states a '2025 rebuild' and 'fully remodeled in 2025 with modern systems, finishes, and foundation/seismic upgrades.' The images corroborate this, showcasing a property that is virtually brand new. The kitchen (partially visible) and bathrooms feature contemporary designs, new cabinetry, modern fixtures (gold-toned hardware), and clean finishes. Flooring is consistent light wood-look throughout, and lighting is recessed or modern. All elements appear new, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Dual-Unit Configuration & Income Potential: Features two independent homes on one lot (4BR/3BA main + 2BR/2BA guest), offering significant flexibility for rental income, multi-generational living, or a dedicated home office/studio.
New Construction Quality (2025 Rebuild): Despite the original build year, the property is undergoing a complete 2025 rebuild with modern systems, finishes, and seismic upgrades, ensuring peace of mind and contemporary living.
Prime Silver Lake Location: Situated in the highly desirable Silver Lake neighborhood, known for its vibrant culture, amenities, and strong property value appreciation.
Unique Street-to-Street Lot Access: The street-to-street lot provides distinct access points for each residence, enhancing privacy and functionality for a multi-unit property.
Desirable City Lights Views & Indoor-Outdoor Flow: The main residence offers city lights views and an open-plan design that seamlessly connects indoor living spaces with an outdoor view deck.

Cons

Future Completion/Occupancy (2025): The property is a 2025 rebuild, indicating it's not available for immediate occupancy and may involve a pre-sale or construction timeline, which could be a drawback for some buyers.
Listing Price Exceeds Estimated Value: The current listing price is 8% above the property's estimated market value, potentially indicating an aggressive pricing strategy that may require justification or negotiation.
Compact Lot Size for Two Homes: While offering two residences, the 4003 sqft lot size is relatively modest for a compound, potentially limiting extensive private outdoor space for each unit.

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