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Tricia Mcmullan

tricia.mcmullan@redfin.com +1(626) 318-7433

$ 3,195,000

Est. payment -/mo

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Price Dropped by $55K

346 Laveta TER Los Angeles, CA 90026

8 Beds

8 Baths

3,600 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $887

MLS Listing ID 26102799

Bedrooms 8

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1904

Lot Size 5,797 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LACW

Interior

Heating Central

Flooring Laminate

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer

Laundry Outside

Exterior

Parking Features Covered

Community Features Gated

View Y/N Yes

View City Lights

Total Parking Spaces 4

Building

Story 2

Entry Level One

Sewer Other

Architectural Style Spanish

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5160004011

Security Features Carbon Monoxide Detector(s),Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Cristina Dam Keller Williams Realty Los Feliz #02174761