
Los Angeles, California 90026
Analysis of 1427 Laveta, Los Angeles, California 90026 is currently available with a list price of $1,299,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1923 with no evidence of recent renovations; interior features heavily worn hardwood floors, dated and stained bathroom fixtures, and visible roof patches, indicating the property requires a comprehensive rehab.
The property features a rare 5% CAP rate in the competitive Echo Park/Westlake market, offering immediate and stable cash flow for income-focused investors.
With a large 10,260 SF lot and the unique opportunity to acquire two adjacent vacant lots, this site offers a massive footprint for high-density residential development.
Ideally situated near Downtown Los Angeles and major freeway interchanges (101, 10, 5, and 110), the property ensures high tenant demand due to its proximity to major employment and entertainment hubs.
Built in 1923, the aging structure may require significant capital expenditures for modernization, system upgrades, or seismic retrofitting to maintain its value.
The closest assigned schools, such as Logan Street Elementary/Middle, have low performance ratings, which may deter families and impact long-term tenant profiles.
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.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.3 |
| Square foot | 6,546 | 4,065.4 |
| Lot Size | 10,266 | 6,744.9 |
| Price | $1.30M | $1.13M |
| Price per sq ft | $199 | $262 |
| Built year | 1923 | 1939 |
| HOA | $0 | $907 |
| Days on market | 16 | 110 |
Aug 24, 2026
$129,999
Initial Listing
Aug 24, 2026
$1,299,999
Initial Listing