For Sale Multi-Family MLS# 26102799

346 Laveta Terrace

Los Angeles, CA 90026

$3,250,000

california-regional-mls-rsd logo

About 346 Laveta Terrace

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. Strategically located just minutes from downtown Los Angeles. 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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1904
Stories
1
Living area
3,600 sqft
Price / sqft
$903
Lot
0.1331
Original price
$3,500,000
MLS #
26102799

Interior

Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
Flooring
Laminate
Heating
Central
Laundry
Outside

Exterior & lot

Features
Spanish, Parking spaces: 4
Construction
1
Lot
LACW
View
City Lights
Parking
Covered

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Other
Sewer
Other
Security
Carbon Monoxide Detector(s), Gated Community

Financial

Parcel
5160004011
Special conditions
Standard

Location

Area
C21 - Silver Lake - Echo Park
County
Los Angeles
Neighborhood
Echo Park
Directions
On Laveta between Glendale blvd and Temple

Ask about this property

Questions on 346 Laveta Terrace, Los Angeles, CA 90026, or want to see it in person?

Listed by Cristina Dam, Keller Williams Realty Los Feliz

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.