1321 Laveta Terrace

Los Angeles, CA 90026

$449,000
Price
5,257 / 0.12
Lot Size / Acres

Description

Great opportunity to build 2 architectural condo units or your own architectural masterpiece in the heart of Echo Park. N of Sunset Blvd and within close proximity to restaurants & shops. Architectural plans for 2 high-end freestanding Condos, each 3 br+3 Ba- apx 2400 sq ft, with a large deck or roof deck and 2 car garage. Upslope lot with 180-degree views of DTLA &Echo Park. Plans are ready to submit to the Dept. of Building & Safety for building permits (permits were previously pulled but expired)....Great opportunity to build 2 architectural condo units or your own architectural masterpiece in the heart of Echo Park. N of Sunset Blvd and within close proximity to restaurants & shops. Architectural plans for 2 high-end freestanding Condos, each 3 br+3 Ba- apx 2400 sq ft, with a large deck or roof deck and 2 car garage. Upslope lot with 180-degree views of DTLA &Echo Park. Plans are ready to submit to the Dept. of Building & Safety for building permits (permits were previously pulled but expired). Dept. of City Planning has issued a Letter of Determination approving a Preliminary Parcel Map for the two dwellings to be condos. Letter of Determination, Plans/Survey/Geo/etc. are available for review. (If the buyer wishes to use current plans, the buyer can be assigned an existing contract between the seller and architect.) The city issued two new addresses for the property in the course of permitting:1317 and 1319 Laveta Terrace. Walk up the adjacent historic public staircase to check out amazing views
  1. Listed by Christopher Furstenberg • DRE #01208924 • Brokerage DRE #01703618 • Nourmand & Associates-HW

Property Details for 1321 Laveta Terrace

Zoning
LAR2
Parcel Number
5419025001
Area
Silver Lake (671)
Lot Size Area
5257
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
5419-025-001
Directions
Sunset to Laveta Terrace

Location

Listing Courtesy of Nourmand & Associates-HW, Christopher Furstenberg, DRE #01208924
Add your commute
LISTING UPDATED: 12/01/2023 03:38 PM

Property Details for 1321 Laveta Terrace

StatusActive
MLS #22-227956
Days on Market475
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.12 AC
CountyLos Angeles County

Location

Listing Courtesy of Nourmand & Associates-HW, Christopher Furstenberg, DRE #01208924
Add your commute

Building Information for 1321 Laveta Terrace

Lot Size0.12 AC

Payment Calculator

$2,837 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,450

Property Taxes

$387

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1321 Laveta Terrace

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Hills, City Lights, Panoramic, Mountains
  • View: Hills, City Lights, Panoramic, Mountain(s)
  • Water: In Street
  • Sewer: In Street
Contract Info
Contract Info
  • Disclosures: Building Plans Available, Soils Report
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Property Report
  • Lot Acreage: 0.1207
  • Lot Size Square Feet: 5257
  • Telephone: 1.0
  • Telephone Service: In Street
  • Cable: 1.0
  • Electric: In Street
  • Gas: In Street
  • Public Street: Yes
  • Reports On File: Plans, Soils Report, Topography Report, Geological Report, Survey
  • Survey: Survey Done
  • Topography: Uphill
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 12-30-2022

Property History for 1321 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 1321 Laveta Terrace

Taxable ValueLand$381,170Additions-Total$381,170
Tax Record2023$4,649 ($387 / month)
Home Facts
Beds0Lot Size5,257 SqFtStyleResidentialZoningLAR2CountyLOS ANGELESAPN5419-025-001

Schools near 1321 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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1321 Laveta Terrace is a 0.12 ac of land for sale in Los Angeles, CA 90026. This property was listed for sale on December 30, 2022 by Nourmand & Associates-HW, it's currently listed at $449,000. It has been on the market for a total of 475 days and was last sold on October 6, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Logan Academy of Global Ecology, Belmont Senior High School and Miguel Contreras Learning Complex School. 1321 Laveta Terrace is a 0-bed, 0-bath, 0.12 ac of land on a 5,257 sq. ft. / 0.12 acres lot.

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 Nourmand & Associates-HW, Christopher Furstenberg, DRE #01208924

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.