1427 Laveta, Los Angeles, CA 90026

• 6,546 sqft

Property 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.

Listing Status:

Active

Date Added:

August 24, 2026

Data Last Updated:

August 24, 2026 at 11:17PM

Listing Office:

Coldwell Banker Envision : 562-945-2221

Listing Agent:

Margaret Sun : 562-945-2221

Contact:

626-616-2380

MLS ID:

AR26184561

Interior

• Appliances: Gas Oven
• Laundry: Laundry Room
• Flooring: CarpetWood
• A/C: None
• Heating: Wall Furnace
• Fireplace: None

Exterior

• Pool: None
• Parking: CarportParking spaces: 2

Construction

• Roofing: Flat
• General: 2

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 5419025030

Utilities

• Utilities: Electricity ConnectedNatural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM