Rare investment and development opportunity featuring an approximately 5% CAP RATE in the desirable Echo Park/Westlake area, conveniently located near Downtown Los Angeles and Dodger Stadium, with easy access to the 101, 10, 5, and 110 freeways. Enjoy close proximity to shopping, dining, entertainment, public transportation, and major employment centers.
This unique offering includes a 6-unit income-producing property on an approximately 10,260 SF lot, together with two adjacent vacant lots totaling approximately 12,343 SF. The properties may be purchased together or separately, offering flexibility for investors and developers.
Vacant Lot 1: MLS #AR2618 45 87 | $395,000 | Approx. 6,165 SF
Vacant Lot 2: MLS #AR2618 45 90 | $395,000 | Approx. 6,178 SF
Both vacant lots on Fairbanks Pl are to be sold together.
A compelling opportunity for investors seeking income and developers seeking future development potential in a centrally located Los Angeles market. Buyer to independently verify all property information, zoning, permitted uses, and development potential with the appropriate City and County departments.
This unique offering includes a 6-unit income-producing property on an approximately 10,260 SF lot, together with two adjacent vacant lots totaling approximately 12,343 SF. The properties may be purchased together or separately, offering flexibility for investors and developers.
Vacant Lot 1: MLS #AR2618 45 87 | $395,000 | Approx. 6,165 SF
Vacant Lot 2: MLS #AR2618 45 90 | $395,000 | Approx. 6,178 SF
Both vacant lots on Fairbanks Pl are to be sold together.
A compelling opportunity for investors seeking income and developers seeking future development potential in a centrally located Los Angeles market. Buyer to independently verify all property information, zoning, permitted uses, and development potential with the appropriate City and County departments.
Property Details
Price:
$1,299,999
MLS #:
AR26184561
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c21silverlakeechopark
Listed Date:
Aug 24, 2026
Total Sq Ft:
6,546
Lot Size:
10,266 sqft / 0.24 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Appliances
GO
Cooling
NO
Flooring
WOOD, CARP
Heating
WL
Laundry Features
IR
Levels
U
Exterior
Common Walls
_2CW
Community Features
PARK
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
FLTR
Financial
Maintenance Fee
$500
Map
Community
- Address1427 Laveta Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Aug 27, 2026
8,011
Single Family Listed
86
Avg DOM
427
Avg $ / SqFt
$1,563,573
Avg List Price
Property Summary
- 1427 Laveta Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90026. It is listed for $1,299,999 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1923. The average price per square foot for Single Family listings in Los Angeles is $427. The average listing price for Single Family in Los Angeles is $1,563,573.
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Courtesy of Coldwell Banker Envision. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1427 Laveta
Los Angeles, CA