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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