Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

3,600 sqft

Lot size

5,800 sqft

Year built

1904

Stories

2

Style

Spanish

Heating

Central

View

City Lights

Status

Active

Days on market

3

MLS #

248712948

About this property

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

346 Laveta Terrace

Los Angeles, Los Angeles, CA, 90026