1150 Laveta Terrace sits just above Sunset Blvd in the highly desirable Echo Park neighborhood. This beautiful 4-unit property allows an investor to acquire a stable investment opportunity with additional upside potential. The two-story, two-building property offers a strong unit mix of (1) 2 bed/2 bath, (2) 2 bed/1 bath, and (1) 1 bed/1 bath units. Originally built in 1928 with a total living space of 2,993 SF and a 3,526 SF corner lot zoned RD2. The property is currently 100% occupied with an additional 25-30% upside in rents as units turn and are brought to market rents. Additionally, there are a total of 5 garage spaces, which can be converted into two ADU's that would boost the property valuation by over $500k. Prime Location in Echo Park, steps from neighborhood hotspots like El Moro, La Fe, Monty's, Quarter Sheet's, Dada Market, and Little Joy.
Listed by Nicholas Fichera
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License #01932217
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Figure 8 Realty
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630-460-0820
Listed by Edward Faktorovich
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License #01401897
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Figure 8 Realty
Last updated March 04, 2026
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Source: CRMLS #26654447
Listing Facts
TypeMulti-family
NeighborhoodAngelino Heights
Bedrooms7
Days on Prevu21
Size2,993 sqft
Price per sqft$566
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
02/24/2026
Listed by Figure 8 Realty
$1,695,000
Property Details for 1150 Laveta Terrace
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Property Condition: Updated/Remodeled
Stories Total: 2
Year Built: 1928
Common Walls: 1 Common Wall
Features
Patio And Porch Features: Rooftop
Measurements
Building Area Total: 2,993
Lot Size Acres: 0.08
Lot Size Area: 3,527
Lot Size Square Feet: 3,527
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.9
Gross Income: $116,070.00
Taxes
Parcel Number: 5404021041
Interior
Features
Appliances: Refrigerator
Measurements
Living Area: 2,993
Rooms
Bathrooms Total Integer: 5
Bedrooms Total: 7
Parking
Parking
Attached Garage: Yes
Garage Spaces: 5
Garage: Yes
Parking Features: Private
Parking Total: 5
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 7 bedrooms in this multi-family home at 1150 Laveta Terrace.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 1150 Laveta Terrace.
How does 1150 Laveta Terrace compare to other multi-family homes in Angelino Heights?
This multi-family home is listed 35% below the average price for multi-family homes in Angelino Heights and has been on the market for 36 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,993 sqft.
1150 Laveta Terrace is a 7-bedroom multi-family home for sale in Los Angeles CA 90026. On Prevu for 21 days at $1,695,000. This residence features 2,993 square feet of living space, located in Angelino Heights. The median listing price for multi-family homes in this area is $2,100,000. The home offers private outdoor space and parking. Explore more multi-family home listings in Los Angeles.
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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.