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Listed by: Margaret Sun (626) 616-2380 DRE #01278646 | Coldwell Banker Envision (562) 945-2221
$1,299,999
Monthly Est:$6,471
9 Beds
7 Baths
6,546sqft
1427 Laveta, Los Angeles, CA 90026
$1,299,999
$6,471/moEst:
Get Pre-Approved
Mixed Use
Built in 1923
$-- HOA
10,266 sqft lot
$199/sq.ft
Description
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.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 22, 2026 at 2:51 am
- Source: California Regional MLS-CA | MLS#: AR26184561
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
6,546 sqft
Lot Size
10,266 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26184561
MLS Status
Active
Days on Market
65
Cumulative Days on Market
58
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 7
Interior
Cooling
None
Flooring
Carpet, Wood
Sewer
Public Sewer
Heating
Wall Furnace
Appliances
Gas Oven
Construction
Year Built
Year Built: 1923
Home type
Mixed Use
Property Condition
Repairs Major
Roof
Flat
Utilities & Energy
Water Source
Public
Parking Features
Carport
Utilities
Electricity Connected, Natural Gas Connected
Pool Features
None
Fireplace Features
None
Laundry Features
Laundry Room
Other Features
Lot Features
Six To Ten Units Acre
Community Features
Park
Price History
| Date | Event | Price |
|---|---|---|
08/24/2026 Source: | Contingent (Active Under Contract) | $1,299,999 -34.67% $199/sqft |
01/24/2023 Source: | Listed for Sale | $1,990,000 $304/sqft |
07/28/2022 Source: | Off Market | $1,990,000 $304/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 03:45AM 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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