Listing Agency: Resolution Brokers

Listed By: Jose Sarabia · License #01824162 Show Phone

Source: Exprealty

Added: Mar 25, 2025 Changed: Oct 19 Last Checked: Oct 19 at 9:59AM

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Investment Insights

Based on property information with market context.

Located at 824 Laveta Ter in Los Angeles, this multifamily property includes existing rental units and generates rental income. The property information also identifies the opportunity to maintain or enhance the current residential use, with potential for an owner residence alongside rental space.

Key Highlights

• Existing rental units
• Current rental income
• Located in the Echo Park area

Property Analytics

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Location Intelligence

Trade Area within ½ mile

2,344

Businesses Nearby

Explore this area Business Placement

Demographics for 90026, CA

63,329

Population

28,632

Households

2.2

Avg Household Size

37

Median Age

47%

College-Educated

82%

High-School Grad

4.0 sq mi

ZIP Area

15,832

Density / Sq Mi

$85,835

Median Household Income

$47,600

Median Earnings

$1,822

Median Rent

$1,143,400

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Existing rental units support an income-producing multifamily use in Echo Park.

Where is this multifamily property located?

The property is located at 824 Laveta Ter Los Angeles, CA.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: Existing rental units; Current rental income; Located in the Echo Park area