$1,849,900
Active
51 Days Online
8 Beds5 Baths4,888 SQFT
Active

1406 2nd Avenue Los Angeles, CA 90019

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This spacious traditional 4-plex in the rapidly developing and high-demand Koreatown area presents an exceptional investment opportunity with significant upside potential. Each of the four large units, each approximately 1, 200 sq. ft., offers ample living space and modern amenities. Recent upgrades include a 100% waterproof silicone-coated roof installed in 2021 and new plumbing throughout the building in 2018. Two of the units have been completely remodeled, featuring hardwood floors and a newly added 3/4 bath with permits. Kitchens are equipped with granite countertops, abundant cabinetry, and large dining areas. Each apartment has its own separate laundry area, and the property includes four separate water meters two units cover all utilities, while the landlord pays water for the remaining two. With parking available for up to 8 cars and a prime location with great rental potential, this property is poised to attract significant interest. Don't miss outcontact us today to seize this promising opportunity!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site51 Days
  • MLS StatusActive
  • MLS ID Number24420154
  • Home Size Source Assessor
  • Year Built1924
  • Lot Size0.1722 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Parking Uncovered
  • Parking Spaces 8
  • Sewer Other
  • Number of Stories 21
  • Acreage 0.1722
  • Zoning LARD1.5
  • Listing Conditions Standard
  • Property Condition Updated/ Remodeled
  • Direction Faces West

Interior Features

  • Heating Forced Air
  • Appliances DishwasherDisposalMicrowaveRefrigeratorGas Cooktop
  • Interior Ceiling Fan(s)
  • Laundry Features Inside

Exterior Features

  • Roof Tar/ GravelTile
  • View City Lights
  • Spa No
  • Pool Features None
  • Spa Features None

Community Features

  • Senior Community No
  • MLS Area C16 - Mid Los Angeles

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Monthly Payment (Est.)

$9,180
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