1121 Laveta Terrace

Los Angeles, CA 90026

$1,850,000
Last Sold Price
5
Beds
5
Baths
2,972 Sq. Ft.
$622 / Sq. Ft.
2,972
Sq. Ft.
$622
per Sq. Ft.

Description

Spectacular compound in Echo Park one block from Sunset Blvd. Close to Downtown LA, Echo Park Lake, and Dodger stadium. Four separate structures on 9146 sqft lot. Main house has three bedrooms and three baths. Skylights through out the main house. Chef's kitchen with marble counters and large pantry. Master bedroom with spectacular bath and large walk-in closet. Beautiful outdoor patio with fire pit adjacent to main house for entertaining. Two one bedroom ADU/apartments, and a bonus art studio with...Spectacular compound in Echo Park one block from Sunset Blvd. Close to Downtown LA, Echo Park Lake, and Dodger stadium. Four separate structures on 9146 sqft lot. Main house has three bedrooms and three baths. Skylights through out the main house. Chef's kitchen with marble counters and large pantry. Master bedroom with spectacular bath and large walk-in closet. Beautiful outdoor patio with fire pit adjacent to main house for entertaining. Two one bedroom ADU/apartments, and a bonus art studio with complete kitchen and bath (approx 413 sqft.) Property is gated and fenced in for privacy and security. Cameras through out the property. Large parking area able to accommodate eight cars.
  1. Listed by Heriberto Mora • DRE #01998241 • Brokerage DRE #01364089 • Keller Williams Downtown LA

Property Details for 1121 Laveta Terrace

Zoning
LARD2
Parcel Number
5404021026
Total Units
3.0
Living Area
2972
Source Living Area
Estimated
Area
Silver Lake (671)
Vacancy Rate
2
Lot Size Area
9108

Location

Listing Courtesy of Keller Williams Downtown LA, Heriberto Mora, DRE #01998241

Sold By Keller Williams Downtown LA, Stephen F. Watson, DRE #01187813

Add your commute
LISTING UPDATED: 09/14/2023 06:08 PM

Property Details for 1121 Laveta Terrace

StatusSold
MLS #23-271353
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.21 AC / 9,108 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Downtown LA, Heriberto Mora, DRE #01998241

Sold By Keller Williams Downtown LA, Stephen F. Watson, DRE #01187813

Add your commute

Building Information for 1121 Laveta Terrace

Stories1Residences-Year Built1958Building Size-Lot Size0.21 AC / 9,108 SF

Payment Calculator

$11,011 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$915

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1121 Laveta Terrace

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Rental/Owner
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $136,800
  • Net Operating Income: $109,440.00
  • Gross Income: $136,800
  • Gross Rent Multiplier: $15.35
  • Total Annual Expense: 27360
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0
  • Lot Size Square Feet: 9108
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 8
  • Garage Spaces Total: 1
  • Parking Features: Gated
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air, Electric, Gas
  • Cooling Type: Air Conditioning, Ceiling Fan, Central, Electric, Gas
  • Heating: Central, Natural Gas
  • Heating Type: Central, Natural Gas
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Interior Features: Ceiling Fan(s)
  • Room Kitchen Features: Walk-In Pantry, Remodeled Kitchen, Kitchen Island
  • Kitchen Features: Marble Counters, Pantry, Remodeled, Skylight(s), Island, Gourmet Kitchen
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Remodeled
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Roof: Asphalt
  • Patio Features: Awning, Covered, Porch, Patio Open
  • New Construction: No
  • Other Structures: GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 05-17-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $8,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $271,980.00
  • Assessed Improvement Percent: 31.51
  • Assessed Land Value: $591,069.00
  • Assessed Land Percent: 68.49
  • Assessed Total Value: $863,049.00

Property History for 1121 Laveta Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1121 Laveta Terrace

Taxable ValueLand$602,890Additions$277,419Total$880,309
Tax Record2023$10,976 ($915 / month)
Home Facts
Total Finished SqFt2,140 SqFtAbove Grade Finished SqFt2,140 SqFtLot Size9,108 SqFtStyleTriplexYear Built1958ZoningLARD2CountyLOS ANGELESAPN5404-021-026

Schools near 1121 Laveta Terrace

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Logan Academy of Global Ecology
PublicK to 8

Belmont Senior High School
Public9 to 12

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Keller Williams Downtown LA, Heriberto Mora, DRE #01998241

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.