$1,299,999
 $6,979 est/mo Sourced by Back At You

1427 Laveta,Los Angeles, CA 90026

Los Angeles, CA 90026

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Description

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.

Details

MLS #AR26184561
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1923
Days On Site7
Listing Provided ByColdwell Banker Envision | Margaret Sun

Features

SQ Feet6,546
Garage2
Car PortYes
Story(s)2
Units6
Building(s)2
Acreage0.24

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
AppliancesGas Oven
Fireplace Yes / NoNo

Exterior

RoofFlat
Lot FeaturesSix To Ten Units Acre

Parking

Parking FeaturesCarport
Garage Yes / NoYes

Utilities

UtilitiesElectricity Connected, Natural Gas Connected
SewerPublic Sewer

Location

Community FeaturesPark

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90026
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90026)
Price:
$1,299,999
low | high
Med:
$1,699,000
19.307591775071% of Average
sqft:
6,546
low | high
Med:
5,450
66.743049190345% of Average
$ / sqft:
$199
low | high
Med:
$312
6.974771420255% of Average
On site:
7
low | high
Med:
168
4.166666666667% of Average
Sourced by Back At You

Market Activity 90026

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90026
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90026)
Price:
$1,299,999
low | high
Med:
$1,699,000
19.307591775071% of Average
sqft:
6,546
low | high
Med:
5,450
66.743049190345% of Average
$ / sqft:
$199
low | high
Med:
$312
6.974771420255% of Average
On site:
7
low | high
Med:
168
4.166666666667% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $974K - $1.624M
sqft: 4,500 - 8,000
Nearby Listings Property ImageNearby Listings Details
1305 Laveta Terrace Property Photo 1
$2,590,000
1305 Laveta Terrace
Los Angeles, CA 90026
1331 Sutherland Property Photo 1
$995,000
1331 Sutherland
Los Angeles, CA 90026
Listing Updated: August 24, 2026 at 12:16:27 PM PDT