This was once two streets: Laveta Place was laid out in 1887 between Bellevue Avenue and Kensington Road (which was then more accurately named “The Crescent”, owing to its shape). Laveta Terrace was introduced north of Sunset in 1905. The two Lavetas became one in 1912. My guess is that the name comes from la veta, Spanish for “the mineral vein”. In 1887 Los Angeles, many capitalists investing in local real estate also had significant mining interests outside the city, so that could have been the inspiration.
Find it on the map:
