346 Laveta Terrace Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $972
MLS Listing ID CL25537145
HOA Y/N No
Year Built 1904
Lot Size 5,800 Sqft
Acres 0.13
Property Sub-Type Other
Property Description
Presenting 346 Laveta Terrace, an unparalleled investment opportunity in the heart of Echo Park, Los Angeles. This historic 1904 multi-family property comprises four spacious units and two junior accessory dwelling units (ADUs), all recently upgraded to seamlessly blend classic architectural charm with modern amenities. Collectively, these units generate a robust monthly rental income of $17,000. Strategically located just minutes from downtown Los Angeles, this property offers tenants easy access to major employment centers and cultural attractions. The proximity to the scenic Echo Park Lake and the vibrant local scene including boutiques, cafes, and art galleries enhances its appeal, ensuring high occupancy rates and consistent demand. Acquiring 346 Laveta Terrace not only secures substantial immediate rental income but also adds a high-performing asset to your portfolio, poised for significant long-term appreciation in one of Los Angeles' most sought-after neighborhoods. This is a rare opportunity to invest in a property that combines historical significance, modern upgrades, and exceptional financial returns.
Location
State CA
County Los Angeles
Zoning LACW
Interior
Heating Other
Flooring Laminate
Fireplace No
Appliance Dryer
Laundry Dryer,Other,Washer
Exterior
Utilities Available Other Water/Sewer
View Y/N true
View City Lights
Building
Water Other
New Construction No
Others
Tax ID 5160004011