For Sale
$1,299,999
1427 Laveta
Los Angeles, CA 90026
- 10,266 sq ft lot
- Built 1923
Listed by: Coldwell Banker Envision · 626-616-2380
About this home
Rare investment and development opportunity featuring an approximately 5% CAP RATE in the desirable Echo Park/Westlake area, conveniently located near Downtown Los Angeles and Dodger Stadium, with easy access to the 101, 10, 5, and 110 freeways. Enjoy close proximity to shopping, dining, entertainment, public transportation, and major employment centers.
This unique offering includes a 6-unit income-producing property on an approximately 10,260 SF lot, together with two adjacent vacant lots totaling approximately 12,343 SF. The properties may be purchased together or separately, offering flexibility for investors and developers.
Vacant Lot 1: MLS #AR2618 45 87 | $395,000 | Approx. 6,165 SF
Vacant Lot 2: MLS #AR2618 45 90 | $395,000 | Approx. 6,178 SF
Both vacant lots on Fairbanks Pl are to be sold together.
A compelling opportunity for investors seeking income and developers seeking future development potential in a centrally located Los Angeles market. Buyer to independently verify all property information, zoning, permitted uses, and development potential with the appropriate City and County departments.
Home details
Interior
- Levels
- Two
- Flooring
- Carpet, Wood
- Appliances
- Gas Oven
- Laundry
- Laundry Room
- Fireplace
- None
- Cooling
- None
- Heating
- Wall Furnace
Exterior & lot
- Lot size
- 10,266 sq ft (0.24 acres)
- Lot features
- 6-10 Units/Acre
- Pool
- None
- Garage spaces
- 2
- Parking
- Carport
- Common walls
- 2+ Common Walls
Property & community
- Property type
- Commercial/Residential
- Year built
- 1923
- Community
- Park
- County
- Los Angeles
- MLS #
- AR26184561
- Listed
- Aug 24, 2026
Location
Listed by: Coldwell Banker Envision · 626-616-2380
Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.
Listing data last updated Oct 11, 2026 3:30 am.
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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.