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 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.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$37,383
TurboHome Estimated Value
$2,971,100
$825 sqft
High Valuation
$3,119,655
$867/sqft
Normal Valuation
$2,971,100
$825/sqft
Low Valuation
$2,822,545
$784/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $825/sqft | $2,971,100 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Westlake
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Comparative Value
$2.00M
$3.45M
1445 Calumet Ave, Los Angeles, CA 90026
Sale Price: $2,000,000
Selected Comparable
346 Laveta Ter, Los Angeles, CA 90026
List Price: $3,450,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT346 Laveta Ter, Los Angeles, CA 90026
List: $3,450,000
Listed: 6/23/2025
Area:3,600 sqft
Price/sqft:$958
Beds:8
Baths:8
Year Built:—
Lot Size:5,800
Comparable Properties
COMPARABLEChoose comps
1445 Calumet Ave, Los Angeles, CA 90026
Sale: $2,000,000
4/24/2025 • 0.25 mi
Area:3,144 sqft
Price/sqft:$636
Beds:7
Baths:7
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
346 Laveta Ter, Los Angeles, CA 90026 | $3,450,000 | 3,600 | $958 | 5,800 | — | 6/23/2025 | 8 | 8 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1445 Calumet Ave, Los Angeles, CA 90026 | $2,000,000 | 3,144 | $636 | 6,744 | 0.25 mi | 4/24/2025 | 7 | 7 | — | 100.0% |
Nearby Listings
1 similar properties within 5 miles
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