346 Laveta TER new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $1,041
MLS Listing ID 25498585
Bedrooms 8
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1904
Lot Size 5,797 Sqft
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
Area C21 - Silver Lake - Echo Park
Zoning LACW
Interior
Heating Central
Flooring Laminate
Fireplace No
Appliance Dishwasher,Disposal,Microwave,Range,Refrigerator,Dryer,Washer
Laundry Outside
Exterior
Parking Features Covered
Community Features Gated
View Y/N Yes
View City Lights
Total Parking Spaces 4
Building
Story 2
Entry Level One
Sewer Other
Architectural Style Spanish
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5160004011
Security Features Carbon Monoxide Detector(s),Gated Community
Special Listing Condition Standard