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$ 1,877,777
Est. payment /mo
Active
1406 2nd Avenue Los Angeles, CA 90019
8 Beds
4,888 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,888 sqft
Price per Sqft $384
MLS Listing ID CL25548609
Bedrooms 8
HOA Y/N No
Year Built 1924
Lot Size 7,504 Sqft
Acres 0.17
Property Sub-Type OTHER
Property Description
Welcome to 1406 2nd Avenue, a beautifully upgraded traditional 4-plex located in the heart of Koreatown, one of Los Angeles' most dynamic and fast-growing neighborhoods. This rare investment opportunity offers four spacious unitseach approximately 1,230 sq. ft., with one unit at 1,300 sq. ft. featuring generous living areas, large dining spaces, in-unit laundry, and thoughtfully designed layouts ideal for both tenants and owner-users. Three units have been recently remodeled with hardwood flooring, granite kitchen countertops, and stylish finishes, while the largest unit is completely upgraded with new appliances, washer and dryer, kitchen cabinets, sink, countertops and will be offered for rent at $2,650/month. Major capital improvements include full plumbing replacement (2018), new water heaters (2024), and a durable silicone-coated roof. The property also offers eight parking spaces, separate water meters, and tenant-paid utilities in three units, ensuring low owner expenses. With strong rental income potential and immediate occupancy available, this property is an exceptional investment in a culturally vibrant and high-demand area. Great for owner-user, investor or 1031 Exchange.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Laundry Room, Inside
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 5072037011
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Herbert L McGurk • Coldwell Banker Realty