1312 Laveta Terrace

Los Angeles, CA 90026

$1,175,000
Price
3
Beds
3
Baths
1,235 Sq. Ft.
$951 / Sq. Ft.
1,235
Sq. Ft.
$951
per Sq. Ft.

Description

Steps away from the amazing sunset blvd! This Stunning Spanish style duplex is located in the heart of Echo Park! The property is nestled just off of Sunset Blvd. giving it excellent walk-ability to all that Echo Park has to offer. The top floor is a large 2 bedroom 2 bath unit (plus an additional bonus room) which has original wood floors and plenty of windows which fills the home with lots of natural light. The sizable kitchen and dinning area has Spanish tile flooring, with updated kitchen cabinets...Steps away from the amazing sunset blvd! This Stunning Spanish style duplex is located in the heart of Echo Park! The property is nestled just off of Sunset Blvd. giving it excellent walk-ability to all that Echo Park has to offer. The top floor is a large 2 bedroom 2 bath unit (plus an additional bonus room) which has original wood floors and plenty of windows which fills the home with lots of natural light. The sizable kitchen and dinning area has Spanish tile flooring, with updated kitchen cabinets and countertops. The charming downstairs unit is an updated 1 bedroom 1 bath plus bonus area, perfect for reading a book or taking a siesta. Both units have updated AC/Heating, laundry area, and access to the comfortable backyard area. It's an excellent set up for an owner user or an investor looking to take advantage of the strong rents in the area. The units have tons of charm and offer some great original details! Both units can be delivered vacant at the close of escrow!
  1. Listed by Anthony Granados • DRE #01964081 • Brokerage DRE #02078273 • Beverly and Company, Inc. • 626-607-7079

Property Details for 1312 Laveta Terrace

Architectural Style
Bungalow
View
City Lights
Parking Spaces Total
1
Private Pool
No
Cooling Type
Wall/Window, Other/Remarks
Total Units
2.0
Lot Size Source
Assessor
Property Attached YN
false

Location

Listing Courtesy of Beverly and Company, Inc., Anthony Granados, DRE #01964081
Add your commute
LISTING UPDATED: 04/08/2024 02:41 AM

Property Details for 1312 Laveta Terrace

StatusActive Under Contract
MLS #PF24030367
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.04 AC / 1,656 SF
CountyLos Angeles County

Location

Listing Courtesy of Beverly and Company, Inc., Anthony Granados, DRE #01964081
Add your commute

Building Information for 1312 Laveta Terrace

Stories2Residences-Year Built1921Building Size-Lot Size0.04 AC / 1,656 SF

Payment Calculator

$7,458 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,412

Property Taxes

$1,046

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1312 Laveta Terrace

Income / Expense / Tax Details
Income Details
  • Gross Income: $73,200
  • Gross Scheduled Income: $73,200
  • Gross Operating Income: $73,200
  • Net Operating Income: $58,226
Expense Details
  • Operating Expense: $1,518
  • Fuel Expense: $0
  • Pest Control Expense: $476
  • Electric Expense: $0
  • Insurance Expense: $984
  • Other Expense: $213
  • Trash Expense: $238
  • Water Sewer Expense: $804
  • Total Expenses: $14,973
Tax / Assessment Info
  • Tax Tract Number: 1973
  • Tax Census Tract: 1973.00
  • CFD/Mello-Roos Fee: $185
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Biking, Dog Park, Hiking, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Room Type: See Remarks
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: Bath, Dining Room, Living Room
  • Cooling: See Remarks, Wall/Window Unit(s)
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
  • Flooring: See Remarks
Exterior Features
  • Construction Materials: Unknown
  • Entry Location: street
  • Pool Features: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Connected, See Remarks, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,900
  • Unit Type Total Rent: $3,900
  • Unit Type Pro Forma: 3900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 2

Property History for 1312 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 1312 Laveta Terrace

Taxable ValueLand$816,427Additions$214,739Total$1,031,166
Tax Record2023$12,552 ($1,046 / month)
Home Facts
Total Finished SqFt1,235 SqFtAbove Grade Finished SqFt1,235 SqFtLot Size1,656 SqFtStyleDuplexYear Built1921ZoningLAR3CountyLOS ANGELESAPN5419-027-013

Schools near 1312 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beverly and Company, Inc., Anthony Granados, DRE #01964081

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.