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
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 22, 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
8
Garage
No
Parking
Covered
Parking Total
4
View
Yes
View Description
City Lights
County
Los Angeles
Pool
No
Zoning
LACW
Listed by Cristina Dam, Keller Williams Realty Los Feliz, CA DRE 02174761
Listing Contact: 323-872-9033
Based on information from the CRISNet MLS as of 2/22/2025, 2:23 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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