Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1904
Sq.Footage
3,600
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.
Features & Amenities
Interior
-
Total Bedrooms
8
Area & Lot
-
Lot Size(acres)
0.1331
-
Property Type
Residential Income
-
Architectural Style
Spanish
Exterior
-
Garage
No
-
Parking
Covered
Financial
-
Sales Price
$3,450,000
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Cristina Dam , Keller Williams Realty Los Feliz
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