$ 2,995,000
-
$2,995,000
Price -
8
Bed -
8
Bath -
3,600
SqFt
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About the Listing X74016 - C140813
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 $16,000. 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.
Listing Highlights for 346 Laveta Ter
Status
Active
Days on Site
78
Property Type
Multi-Family
MLS ®
25555847
Year Built
1904
Total Square Footage
3,600
Lot/Acreage
0.13
County
Los Angeles
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances: Range, Microwave, Dishwasher, Garbage Disposal, Dryer, Microwave, Refrigerator, Range/Oven, Washer
- Air Cond: Air Conditioning
- Heating: Central
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Quartz Counters
- Water: Public
Exterior Details
- Lot Description: Fenced Yard
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: LACW
- Roof: Asphalt
- Others:
- Sewer: In Street
- Parking Features: Covered Parking
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5160-004-011
- Tax Year: N/A
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Listing Location
Questions About..
346 Laveta Ter Los Angeles, CA 90026
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