Active
346 Laveta Terrace
Los Angeles CA, 90026
$3,750,000
$1,041.67 per sqft
Active
8 Beds
8 Baths
3,600 sqft
Residential
Built in 1904
Listed by Cristina Dam with Keller Williams Realty Los Feliz 323-872-9033
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.
25498585
MLSⓇ ID
February 14, 2025
Listed
February 20, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
8
Total Bathrooms
8
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
Laundry Description
Outside
Floor Description
Laminate
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.13 Acres
Architectural Style
Spanish
Sewer
Other
Security
Carbon Monoxide Detector(s), Gated Community
Other Property Details
Area Name
C21 - Silver Lake - Echo Park
Days on Market
6
Garage
No
Parking
Covered
Parking Total
4
View
Yes
View Description
City Lights
County
Los Angeles
Pool
No
Zoning
LACW
Listing Contact: 323-300-1000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/20/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 2/20/2025 at 8:21 PM UTC