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 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 Type
Residential IncomeCounty
Los AngelesStyle
SpanishAD ID
49689409
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 8
- Full Baths: 0
- Half Baths: 0
Water/Sewer
- Sewer : Other
Interior Features
- Property Appliances: Dishwasher,Disposal,Microwave,Range,Refrigerator,Dryer,Washer
- Flooring: Laminate
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1904
- Building Area Total: 3,600
Security Features
- Carbon Monoxide Detector(s),Gated Community
Laundry Features
- Outside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1331
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5800
-
Listing Information
Listing Price Information
- Original List Price: 3,500,000
- Listing Contract Date: 2025-05-10
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5160004011
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Covered
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C21 - Silver Lake - Echo Park
- Postal Code Plus 4: 5016
- Directions: On Laveta between Glendale blvd and Temple
- Zoning: LACW
- Source Property Type: Residential Income
- Area: C21 - Silver Lake - Echo Park
Building and Construction
- Property Age: 121
- Common Walls: No Common Walls
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 3600
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 05/13/2025 @ 12:11
- MLS: 25537145
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 3,600 sqft, 5,800 sized lot, and 0 parking. are nearby neighborhoods.