1427 Laveta Terrace

Los Angeles, CA 90026

$1,990,000
Price
8
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great Investment apartment in Los Angeles,close to downtown LA, Sunset Blvd, Pasadena,and Dodger Stadium. There are 3 Buildings in the lot, 4 units in the Front building,each unit comes 1 Bedroom and 1 Bathroom; 2 individual unit in the back, each unit comes 2 Bedrooms and 1 Bathroom. Total 6 units, 6,546 SF in living area,10,260 SF in Lot size. Current rent below the market. Quiet and nice area in Los Angeles. Property to be sold "AS IS". Showing Subject to inspection.Great Investment apartment in Los Angeles,close to downtown LA, Sunset Blvd, Pasadena,and Dodger Stadium. There are 3 Buildings in the lot, 4 units in the Front building,each unit comes 1 Bedroom and 1 Bathroom; 2 individual unit in the back, each unit comes 2 Bedrooms and 1 Bathroom. Total 6 units, 6,546 SF in living area,10,260 SF in Lot size. Current rent below the market. Quiet and nice area in Los Angeles. Property to be sold "AS IS". Showing Subject to inspection.
  1. Listed by QIN NIE • DRE #01359760 • Brokerage DRE #01311137 • Georgetown Realty Company • 626-786-1198

Property Details for 1427 Laveta Terrace

Parking Spaces Total
4
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1
Assessor Parcel Number
5419-025-030
Property Attached YN
false

Location

Listing Courtesy of Georgetown Realty Company, QIN NIE, DRE #01359760
Add your commute
LISTING UPDATED: 12/25/2023 02:28 PM

Property Details for 1427 Laveta Terrace

StatusActive
MLS #WS22166056
Days on Market658
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.24 AC / 10,262 SF
CountyLos Angeles County

Location

Listing Courtesy of Georgetown Realty Company, QIN NIE, DRE #01359760
Add your commute

Building Information for 1427 Laveta Terrace

Stories-Residences-Year Built1923Building Size-Lot Size0.24 AC / 10,262 SF

Payment Calculator

$11,083 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,860

Property Taxes

$223

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1427 Laveta Terrace

Income / Expense / Tax Details
Income Details
  • Gross Income: $71,496
  • Gross Scheduled Income: $5,958
  • Net Operating Income: $60,875
Expense Details
  • Operating Expense: $10,621
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,941
  • Professional Management Expense: $0
  • Trash Expense: $1,800
  • Water Sewer Expense: $2,280
  • Total Expenses: $6,021
Tax / Assessment Info
  • Tax Tract Number: 1973
  • Tax Census Tract: 1973.00
  • CFD/Mello-Roos Fee: $1,204
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,167
  • Unit Type Total Rent: $1,167
  • Unit Type Pro Forma: 1800
  • 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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,214
  • Unit Type Total Rent: $1,214
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,614
  • Unit Type Total Rent: $1,614
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • 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 Actual Rent: $951
  • Unit Type Total Rent: $951
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,012
  • Unit Type Total Rent: $1,012
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 1427 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 1427 Laveta Terrace

Taxable ValueLand$43,330Additions$81,745Total$125,075
Tax Record2023$2,681 ($223 / month)
Home Facts
Total Finished SqFt6,546 SqFtAbove Grade Finished SqFt6,546 SqFtLot Size10,260 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR2CountyLOS ANGELESAPN5419-025-030

Schools near 1427 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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1427 Laveta Terrace is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on July 28, 2022 by Georgetown Realty Company, it's currently listed at $1,990,000. 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. 1427 Laveta Terrace is a 8-bed, 6-bath, multi-family home built in 1923.

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 Georgetown Realty Company, QIN NIE, DRE #01359760

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.