356 Laveta · Los Angeles, CA 90026

$895,000

8 bd · 4.0 ba · 3,808 sqft · MultiFamily public records · 83 Days on market

Built 1925 5,798 sqft lot $235/sqft · 28% below area Est $1247k · 28% under

---

Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks MLS

356 Laveta Ter, Los Angeles CA 90026 presents a rare multifamily opportunity in one of LA’s most in demand and supply constrained rental pockets. This four unit property features four spacious 2 bedroom, 1 bath units with generous layouts that appeal strongly to long term renters. The property is currently occupied by long term tenants. There is significant upside potential through future rent increases and value add strategies, making this an ideal asset for an investor seeking both income and appreciation. Located in the Echo Park area, the property benefits from close proximity to Downtown Los Angeles, Silver Lake, major employment hubs, dining, nightlife, and cultural attractions. The neighborhood continues to experience strong rental demand driven by its central location and vibrant community feel. Street parking only. This is a solid, well located multifamily investment with long term tenants, strong fundamentals, and substantial upside in a premier Los Angeles submarket.

Key facts

• Strong rental demand
• Long term tenants
• Four unit property

Tags

• MULTIFAMILY OPPORTUNITY
• FOUR UNIT PROPERTY
• LONG TERM TENANTS
• UPSIDE POTENTIAL
• ECHO PARK AREA
• STRONG RENTAL DEMAND

What this means for you Summary

Snapshot

• This is a 4 × 2-bed/1.0-bath units multifamily listed at $895k.

Deal economics

• At list price, monthly cash flow is $4k ($50k/yr) — positive. Per door: $1k/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($12k rent vs $895k).
• Recommended offer: $841k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.9% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.0%/yr); 179 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $11,976/mo this rent would consume 165% of the median local household income ($87k/yr) (locally 4974% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $27k of value loss. Plan a longer hold.
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $251k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($841k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $100k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $70k; list at $895k implies a 1179% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $841,300 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.34% ✓
• Cap rate: 11.92%
• Cash-on-cash: 20.09%
• DSCR: 1.89
• GRM: 6.2

CMA / ARV

• ARV (median comp): $1,247,000
• List price: $895,000
• Delta: -28.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
316 N Bixel St	0.32mi	8/8.0	3,704 (-3%)	19mo	$1,235,000	$333	48
261 Witmer	0.54mi	7/7.0 (-1)	3,412 (-10%)	2mo	$950,000	$278	38
1323 Lilac Ter	0.68mi	7/7.0 (-1)	3,667 (-4%)	10mo	$1,735,000	$473	37
1337 Douglas St	0.73mi	7/5.0 (-1)	3,395 (-11%)	6mo	$1,452,000	$428	34
795 E Kensington Rd	0.49mi	9/5.0 (+1)	3,358 (-12%)	23mo	$1,490,000	$444	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 9.1%
• Equity multiple: 1.35×
• Total profit: $86,667
• Equity at exit: $133,447

10-year hold

• IRR: 15.8%
• Equity multiple: 2.13×
• Total profit: $282,304
• Equity at exit: $77,383

Cash invested: $250,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 90026

• Rents YoY: -0.0%
• Active inventory: 179
• Price-to-rent: 24.9×

Monthly cashflow live

• Estimated rent: $11,976 high
• Mortgage (P&I): −$4,693
• Tax from tax record: −$200 /mo · $2,397/yr
• Insurance: −$373
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,515
• Net cashflow: $4,195

Break-even live

Break-even rent $6,666

Max offer price $895,000

Occupancy floor 60%

4-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 4× units	2	1	$11,976
Total (4 units)			$11,976

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $223,750
• Closing costs: $26,850
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
495 Witmer St Los Angeles, CA	8.0	8.0	2646	$9,500	$3.59	44d	1	0.82mi

Listing history 18 events

1. 2026-06-18
   days on market $895,000 Active 83 DOM
2. 2026-06-17
   days on market $895,000 Active 82 DOM
3. 2026-06-16
   days on market $895,000 Active 81 DOM
4. 2026-06-15
   days on market $895,000 Active 80 DOM
5. 2026-06-13
   days on market $895,000 Active 78 DOM
6. 2026-06-09
   days on market $895,000 Active 74 DOM
7. 2026-06-08
   days on market $895,000 Active 73 DOM
8. 2026-06-07
   days on market $895,000 Active 72 DOM
9. 2026-06-04
   days on market $895,000 Active 69 DOM
10. 2026-06-03
    days on market $895,000 Active 68 DOM
11. 2026-06-02
    days on market $895,000 Active 67 DOM
12. 2026-06-01
    days on market $895,000 Active 66 DOM
13. 2026-05-31
    days on market $895,000 Active 65 DOM
14. 2026-05-13
    price $895,000 998-char remark

    Show marketing remark (998 chars)

    356 Laveta Ter, Los Angeles CA 90026 presents a rare multifamily opportunity in one of LA’s most in demand and supply constrained rental pockets. This four unit property features four spacious 2 bedroom, 1 bath units with generous layouts that appeal strongly to long term renters. The property is currently occupied by long term tenants. There is significant upside potential through future rent increases and value add strategies, making this an ideal asset for an investor seeking both income and appreciation. Located in the Echo Park area, the property benefits from close proximity to Downtown Los Angeles, Silver Lake, major employment hubs, dining, nightlife, and cultural attractions. The neighborhood continues to experience strong rental demand driven by its central location and vibrant community feel. Street parking only. This is a solid, well located multifamily investment with long term tenants, strong fundamentals, and substantial upside in a premier Los Angeles submarket.

15. 2026-04-29
    status Active 998-char remark

    Show marketing remark (998 chars)

    356 Laveta Ter, Los Angeles CA 90026 presents a rare multifamily opportunity in one of LA’s most in demand and supply constrained rental pockets. This four unit property features four spacious 2 bedroom, 1 bath units with generous layouts that appeal strongly to long term renters. The property is currently occupied by long term tenants. There is significant upside potential through future rent increases and value add strategies, making this an ideal asset for an investor seeking both income and appreciation. Located in the Echo Park area, the property benefits from close proximity to Downtown Los Angeles, Silver Lake, major employment hubs, dining, nightlife, and cultural attractions. The neighborhood continues to experience strong rental demand driven by its central location and vibrant community feel. Street parking only. This is a solid, well located multifamily investment with long term tenants, strong fundamentals, and substantial upside in a premier Los Angeles submarket.

16. 2026-03-18
    status Pending Sale 998-char remark

    Show marketing remark (998 chars)

    356 Laveta Ter, Los Angeles CA 90026 presents a rare multifamily opportunity in one of LA’s most in demand and supply constrained rental pockets. This four unit property features four spacious 2 bedroom, 1 bath units with generous layouts that appeal strongly to long term renters. The property is currently occupied by long term tenants. There is significant upside potential through future rent increases and value add strategies, making this an ideal asset for an investor seeking both income and appreciation. Located in the Echo Park area, the property benefits from close proximity to Downtown Los Angeles, Silver Lake, major employment hubs, dining, nightlife, and cultural attractions. The neighborhood continues to experience strong rental demand driven by its central location and vibrant community feel. Street parking only. This is a solid, well located multifamily investment with long term tenants, strong fundamentals, and substantial upside in a premier Los Angeles submarket.

17. 2026-02-12
    listed $995,000 Active 998-char remark

    Show marketing remark (998 chars)

    356 Laveta Ter, Los Angeles CA 90026 presents a rare multifamily opportunity in one of LA’s most in demand and supply constrained rental pockets. This four unit property features four spacious 2 bedroom, 1 bath units with generous layouts that appeal strongly to long term renters. The property is currently occupied by long term tenants. There is significant upside potential through future rent increases and value add strategies, making this an ideal asset for an investor seeking both income and appreciation. Located in the Echo Park area, the property benefits from close proximity to Downtown Los Angeles, Silver Lake, major employment hubs, dining, nightlife, and cultural attractions. The neighborhood continues to experience strong rental demand driven by its central location and vibrant community feel. Street parking only. This is a solid, well located multifamily investment with long term tenants, strong fundamentals, and substantial upside in a premier Los Angeles submarket.

18. 1977-12-07
    soldstatus $70,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $2,397 · $200/mo
• Projected year-2 tax: $6,802 · $567/mo
• Expected delta: +$4,405/yr (+$367/mo · 183.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥94°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $143,712
• − Mortgage interest: −$50,134
• − Property taxes: −$2,397
• − Insurance: −$4,475
• − Repairs & maintenance: −$11,497
• − Management: −$11,497
• − Depreciation: −$26,036
• Taxable income: $37,676
• Est. tax owed @ 24.0%: −$9,042
• After-tax cash flow: $41,297/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 62,692
• Household income: $87,334
• Rent vs Own: 76.5% rent · 23.5% own
• Severe rent burden: 4974.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Hispanic / Latino 46% White 31% Asian 13% Two or more races 13% Black 4% Native American 1%
• Hispanic origin (detail): Mexican 26%
• Common ancestry: Lithuanian 2% Italian 2% Romanian 1%
• Foreign-born: 34% · Canada, China, South Korea
• Languages at home: 47% English-only · Spanish 39% Tagalog/Filipino 5% Chinese 2%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1087.70%
• Current HPI: 456.3465
• Rent YoY: ▬ -0.01%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+1178.6% since first listed

5 events — show timeline

• 2026-05-13 Price Changed $895,000 CRMLS
• 2026-04-29 Relisted — CRMLS
• 2026-03-18 Pending — CRMLS
• 2026-02-12 Listed $995,000 CRMLS
• 1977-12-07 Sold (Public Records) $70,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $2,397 · +2.8% YoY. Source: county tax records.