1344 Laveta Terrace Los Angeles, CA 90026

$1,470,000 Sold Price as of 04/28/2017

5 Beds
3 Baths
2,516 Sq.Ft.

Off Market

$1,470,000 Sold Price as of 04/28/2017 Refinance Your Mortgage

Map preview of 1344 Laveta Terrace, Los Angeles, CA 90026

Property Overview: 1344 Laveta Terrace Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,516 living square feet and 6,481 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1344 Laveta Terrace is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1344 Laveta Terrace

Last leased for $4,500 on October 23rd, 2018

February, 2024
Feb 29, 2024

Date

Expired

CRMLS: 23307655

$2,795,000

Price
Sep 5, 2023

Date

Active

CRMLS: 23307655

$2,995,000

Price
Listing provided courtesy of CRMLS

PLEASE DO NOT Contact Owners! Sited on the hill above Sunset in booming Echo Park, is this dynamic triplex. Finance gold awaits a buyer, as the building has an assumable loan available at an extremely attractive 3% interest rate fixed for 30 years with payments under $5,300/mo! Renovated building mixing character 1920 elements with modern finishes; including a stunning "Owner's" unit that feels like a house. Premier unit is two stories, three beds / three baths, and gets sole use of the massive park like backyard! Top two apartments are mirror images of one another, each with two beds and one bath; however, one comes with a large balcony and bonus loft space. Other features include washers and dryers in all the units, central air and heat, and all units separately metered. Walking distance to take advantage of the best Echo Park has to offer: unique restaurants and cafes, as well as hip bars. This is a bread and butter income property that will always be desirable to high quality tenants in an excellent location. Also, could be a perfect opportunity for an owner/user to live essentially for free in the large unit while collecting rent from other two apartments that will cover your mortgage. Simply a great building in a hot location, not to be missed!

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November, 2022
Nov 1, 2022

Date

Expired

CRMLS: 22185119

$2,995,000

Price
Aug 1, 2022

Date

Active

CRMLS: 22185119

$2,995,000

Price
Listing provided courtesy of CRMLS

Sited in red hot Echo Park just off famed Sunset Blvd, is this remodeled Traditional triplex opportunity. Each unit has its own address with the largest being 1346.5. This house like unit gets sole use of the massive backyard, which feels like an acre for a tenant! It is two stories, light and bright, with three beds and three baths and brings in $4,995/mo. 1346 is a two bed, one bath apartment with built ins giving it a nice mix of modern and vintage and brings in $2,832/mo. Lastly, 1344 is also a similar two bed, one a bath, but has a large balcony with treetop views and a bonus creative loft and brings in $3,900/mo. Total income is $11,727/mo. Sellers willing to carry a loan with at least 30% down at a low 3.5% interest rate if buyer desires. Simply a great opportunity for an investor or owner/user to live in one and get rental income from the others in a prime Eastside location!

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October, 2018
Oct 23, 2018

Date

Leased

CRMLS: 18393776

$4,500

Price
Oct 12, 2018

Date

Pending

CRMLS: 18393776

$4,500

Price
Oct 5, 2018

Date

Active

CRMLS: 18393776

$4,500

Price
Listing provided courtesy of CRMLS

Large remodeled two story apartment that feels like a house, complete with your own private HUGE backyard. Just steps to Sunset Blvd. is this dynamic property available in prime Echo Park. Upon entry one first notices the natural light that floods the living room, grounded in light wood flooring and complete with built ins and fireplace. Upstairs are the three bedrooms and three bathrooms; master has it's own balcony and massive walk in closet. Downstairs is the kitchen and dining room, plus a perfect laundry room with washer/dryer included. Sliding doors lead out to your own back deck and vast backyard. Includes the 1 car garage as well. This is the one! Avail Nov 1st.

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April, 2017
Apr 28, 2017

Date

Sold (Public Records)

Public Records

$1,470,000

Price
March, 2002
Mar 8, 2002

Date

Sold (Public Records)

Public Records

$378,000

Price

Tax History for 1344 Laveta Terrace

Assessed Value (2020): $1,559,975

Year	Land Value	Improved Value	Assessed Value
2020	$1,061,208	$498,767	$1,559,975

About 1344 Laveta Terrace

Detailed summary of property

1344 Laveta Terrace is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90026 and last sold on April 28, 2017 for $1,470,000. This property has 5 bedrooms, 3 bathrooms, roughly 2,516 living square feet, and sits on an approximately 6,481 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 31.25% higher than the current median priced home. 1344 Laveta Terrace was last sold on April 28, 2017 for $1,470,000. Local nearby listings include 1856 N Alvarado St, 2133 Branden St and 1556 W Court St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1344 Laveta Terrace Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1344 Laveta Terrace

Public county record property details

Beds: 5
Baths: 3
Year built: 1923
Sq. Ft.: 2,516
Lot Size: 6,481
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5406-001-024

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,250,000

Median List Price/Sq.Ft.

$822

Median Sold Price

$1,217,000

Median Sold Price/Sq.Ft.

$985

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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(714) 706-1823

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