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.
Property Details
Price:
$3,750,000
MLS #:
25498585
Status:
Active
Baths:
0
Address:
346 Laveta Terrace
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Feb 14, 2025
State:
CA
ZIP:
90026
Lot Size:
5,800 sqft / 0.13 acres (approx)
Year Built:
1904
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Range
Flooring
Laminate
Heating
Central
Exterior
Parking Features
Covered
Parking Spots
4.00
Security Features
Gated Community, Carbon Monoxide Detector(s)
Sewer
Other
Stories Total
2
View
City Lights
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address346 Laveta Terrace Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
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346 Laveta Terrace
Los Angeles, CA
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