MLS® ID: OC19273114
Los Angeles, California, 90026 $1,399,000
1150 Laveta Terrace is located in Los Angeles, CA in the highly desirable Echo Park neighborhood south of Sunset Blvd. This beautiful 4 unit property offers an investor and/or owner-occupier to acquire a rare investment opportunity in a strong rental market.
This two story property boasts a strong unit mix of (1) 2 bed/2 bath, (2) 2 bed/1 bath, and (1) 1 bed/1 bath units. The building was originally built in 1928 with a total size of 2,993 SF, sitting on 3,526 SF corner lot zoned RD2. There are a total of 5 garage spaces.
Tenants are MTM and the property is currently 50% occupied with two units vacant, allowing for an investor and/or owner-occupier to live in and achieve market rents immediately.
Prime Location in Echo Park near Silverlake, Rampart Village, Koreatown, Downtown LA, Dodger Stadium, Staples Center, LA Live, Restaurants & Shops.