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346 Laveta Ter, Los Angeles, CA 90026

List Price: $3,450,000On Market FlagOn market
Jun 23, 20253,600 sqft8 beds8 baths
Listed by: Cristina Dam
License #: 02174761
Phone #: 323-872-9033
Keller Williams Realty Los Feliz
Source:
CRMLS Logo
MLS #: 25555847

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$825/sqft$2,971,100

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

SUBJECT
346 Laveta Ter, Los Angeles, CA 90026

346 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

COMPARABLE
Choose comps
1445 Calumet Ave, Los Angeles, CA 90026

1445 Calumet Ave, Los Angeles, CA 90026

Sale: $2,000,000

4/24/20250.25 mi

Area:3,144 sqft
Price/sqft:$636
Beds:7
Baths:7
Year Built:
Weight:100.0%

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