1427 Laveta, Los Angeles, CA, 90026

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$1,299,999
46 Days On Site

1427 Laveta
Los Angeles, CA 90026

For Sale|Mixed Use|Active Under Contract
0
Beds
0
Total Baths
6,546
SqFt
$199
/SqFt
1923
Built
County:
Los Angeles
Listed by Margaret Sun of Coldwell Banker Envision sunsold@yahoo.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1427 Laveta1427 Laveta1427 Laveta1427 Laveta
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Rare investment and development opportunity featuring an approximately 5% CAP RATE in the desirable Echo Park/Westlake area, conveniently located near Downtown Los Angeles and Dodger Stadium, with easy access to the 101, 10, 5, and 110 freeways. Enjoy close proximity to shopping, dining, entertainment, public transportation, and major employment centers. This unique offering includes a 6-unit income-producing property on an approximately 10,260 SF lot, together with two adjacent vacant lots totaling approximately 12,343 SF. The properties may be purchased together or separately, offering flexibility for investors and developers. Vacant Lot 1: MLS #AR2618 45 87 | $395,000 | Approx. 6,165 SF Vacant Lot 2: MLS #AR2618 45 90 | $395,000 | Approx. 6,178 SF Both vacant lots on Fairbanks Pl are to be sold together. A compelling opportunity for investors seeking income and developers seeking future development potential in a centrally located Los Angeles market. Buyer to independently verify all property information, zoning, permitted uses, and development potential with the appropriate City and County departments.

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Listing Snapshot
Price 
$1,299,999
Days On Site 
46 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,546 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2357 Acres
Year Built 
1923
MLS® Number 
AR26184561
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoStatus changed to Active Under Contract
5 days agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.2357
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Carport
Parking Spaces 
2
Property Condition 
Fixer
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
6546
Utilities 
Electricity ConnectedNatural Gas Connected
Water Source 
Public
Interior Features
Appliances 
Gas Oven
Fireplace Features 
None
Flooring 
CarpetWood
Heating 
Wall Furnace
Laundry Features 
Laundry Room
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Exterior Features
Pool Features 
None
Roof 
Flat
Community Features
Community Features 
Park
MLS Area 
C21 - Silver Lake - Echo Park
Financing Terms Available 
Cash1031 Exchange
Building Access 
1


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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