1427 Laveta Terrace Los Angeles, CA 90026
Echo Park NeighborhoodEstimated payment $10,663/month
About This Home
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. The property has 4 car garages, which the owner uses for storage.Current rent below the market. Quiet and nice area in Los Angeles. Property to be sold "AS IS". Showing Subject to inspection. 2 of Units will be vacant on close of escrow.
Listing Agent
Georgetown Realty Company Brokerage Phone: 626-786-1198 License #01359760 Listed on: 07/28/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,711
Year Built
- Built in 1923
Lot Details
- 10,262 Sq Ft Lot
- No Common Walls
- Back Yard
Parking
- 4 Car Garage
Home Design
- 1 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 1973
- Assessor Parcel Number 5419025030
- $1,204 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 6 Units
Building Details
- 5 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,941
- Trash Expense $1,800
- Water Sewer Expense $2,280
- Operating Expense $6,021
- Gross Income $71,496
- Net Operating Income $60,084
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,711 | $130,125 | $45,079 | $85,046 |
| 2024 | $2,711 | $127,575 | $44,196 | $83,379 |
| 2023 | $2,681 | $125,075 | $43,330 | $81,745 |
| 2022 | $2,601 | $122,624 | $42,481 | $80,143 |
| 2021 | $2,534 | $120,221 | $41,649 | $78,572 |
| 2020 | $2,540 | $118,989 | $41,222 | $77,767 |
| 2019 | $2,484 | $116,657 | $40,414 | $76,243 |
| 2018 | $2,350 | $114,371 | $39,622 | $74,749 |
| 2016 | $2,145 | $109,933 | $38,085 | $71,848 |
| 2015 | $2,126 | $108,282 | $37,513 | $70,769 |
| 2014 | $2,173 | $106,162 | $36,779 | $69,383 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2023 01/24/23 | Price Changed | $1,990,000 | -5.2% | $1,990,000 / Sq Ft |
| 07/28/2022 07/28/22 | For Sale | $2,100,000 | -- | $2,100,000 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS22166056
APN: 5419-025-030
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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