Los Angeles, CA 90026,346 Laveta Terrace
Los Angeles, CA 90026,346 Laveta Terrace
Los Angeles, CA 90026,346 Laveta Terrace
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$3,500,000
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3,600 SqFt
New

346 Laveta Terrace Los Angeles, CA 90026

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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, Washer, Other

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View City Lights

Building

Water Other

New Construction No

Others

Tax ID 5160004011


Bridge MLS
Listed by Cristina Dam • Keller Williams Realty Los Feliz

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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346 Laveta Terrace