1409 Laveta, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 2 bath

1409 Laveta, Los Angeles, California 90026 home-pic-0
ACTIVE$1,500,000
1409 Laveta, Los Angeles, California 90026
4Beds
2Baths
2,143Sqft
7,331Lot
Year Built
1921
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
OC25137220
Home ConditionPoor
Features
Excellent View: City Lights, Hills, Neighborhood, Panoramic
Patio
ViewCity Lights,Hills,Neighborhood,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(91th), sqft - 2143(45th), beds - 4(73th), baths - 2(73th).

Set on one of Echo Park’s most iconic palm-lined streets, this 1921 Spanish-style duplex offers a rare opportunity to create something extraordinary. Elevated on a spacious 7,000+ square foot lot, the property captures breathtaking city views—including the Griffith Observatory and Hollywood Sign—while offering privacy, character, and serious upside. The structure features two units: the upper unit has been partially framed out with newer windows and updated systems, while the lower unit remains largely unfinished. Both spaces are vacant and ready for your transformation. Whether you’re an investor looking to maximize rental potential or a creative homeowner dreaming of converting the top unit into a single-family residence with a rear ADU (buyer to verify), the layout and lot size provide unmatched flexibility. Classic Spanish details like wood beams, arched entries, and colorful tilework hint at the home’s original charm, while the exposed framing, open floorplans, and improved infrastructure invite a modern reimagining. The gated lot includes a private driveway, terraced patio, lower sport court, and plenty of outdoor space to entertain or expand. Located just minutes from Elysian Park, Dodger Stadium, and Echo Park’s best shops, cafés, and hidden trails, this address blends old-Hollywood hillside vibes with endless opportunity. Whether you're restoring, rebuilding, or developing, this is a blank canvas in one of LA’s most beloved neighborhoods.

Nearby schools

2/10
Mayberry Street Elementary School
Public,K-60.7mi
8/10
Clifford Street Elementary School
Public,K-60.8mi
4/10
Betty Plasencia Elementary School
Public,K-60.8mi
3/10
Elysian Heights Elementary School
Public,K-60.8mi
5/10
Rosemont Avenue Elementary School
Public,K-50.9mi
/10
Lake Street Primary School
Public,K-11.2mi
6/10
Castelar Street Elementary School
Public,K-51.3mi
7/10
Solano Avenue Elementary School
Public,K-61.3mi
7/10
Dorris Place Elementary School
Public,K-61.3mi
5/10
Micheltorena Street Elementary School
Public,K-51.4mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,K-61.4mi
8/10
Allesandro Elementary School
Public,K-61.6mi
2/10
Logan Street Elementary School
Public,K-80.2mi
3/10
Sal Castro Middle School
Public,6-81.3mi
6/10
Thomas Starr King Middle School
Public,6-81.9mi
5/10
Virgil Middle School
Public,6-82.1mi
5/10
Florence Nightingale Middle School
Public,6-82.1mi
6/10
Irving STEAM Magnet
Public,6-82.8mi
3/10
Belmont Senior High School
Public,9-121.3mi
8/10
John Marshall Senior High School
Public,9-122.4mi
Condition Rating
Poor

The property, built in 1921, is explicitly described as 'largely unfinished' in the lower unit and 'partially framed out' in the upper unit. Images confirm exposed framing, rough-ins, and a complete lack of functional kitchens or bathrooms. While some systems may be updated, the property requires substantial rehabilitation and is not habitable in its current state, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Prime Echo Park Location: Situated on an iconic palm-lined street in Echo Park, offering excellent walkability to local shops, cafes, Elysian Park, and Dodger Stadium, blending historic charm with vibrant city living.
Breathtaking Panoramic Views: The elevated position provides stunning panoramic city views, including the Griffith Observatory and Hollywood Sign, significantly enhancing the property's desirability and value.
Exceptional Development Potential: As a Spanish-style duplex on a spacious lot, it offers unmatched flexibility for investors to maximize rental income or for homeowners to create a single-family residence with an ADU, acting as a true 'blank canvas'.
Spacious Lot & Outdoor Amenities: The generous 7,000+ sqft gated lot includes a private driveway, terraced patio, and a lower sport court, providing ample outdoor space for entertainment, expansion, and privacy.
Historic Charm with Partial Modern Upgrades: Retains classic 1921 Spanish architectural details like wood beams and arched entries, while the upper unit benefits from newer windows and updated systems, offering a blend of character and improved infrastructure.

Cons

Extensive Renovation Required: The property is largely unfinished, with the lower unit 'largely unfinished' and the upper unit 'partially framed out,' necessitating significant capital investment and construction effort to complete.
Vacant Status & No Immediate Income: Both units are vacant, meaning no immediate rental income for an investor and potential holding costs during the extensive renovation period required to make the property habitable and income-generating.
Age-Related Unknowns: Built in 1921, despite some updated systems, the property's age increases the likelihood of encountering unforeseen structural, plumbing, or electrical issues during renovation, potentially leading to higher costs and project delays.

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