Los Angeles, CA 90019,1406 2nd Ave
Los Angeles, CA 90019,1406 2nd Ave
Los Angeles, CA 90019,1406 2nd Ave
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$1,877,777
Est. payment /mo
8 Beds
5 Baths
4,888 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,888 sqft

Price per Sqft $384

MLS Listing ID 25548609

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1924

Lot Size 7,504 Sqft

Acres 0.1723

Property Sub-Type Multi-Family

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 currently vacant and being upgraded with new appliances, washer and dryer, kitchen cabinets, sink, countertops and will be offered for rent at $2,650/month. A second Unit, 2 Bed, 2 Bath, has just become vacant which will rent at $2,750/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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling None

Equipment Ceiling Fan, Gas Dryer Hookup, Garbage Disposal

Laundry Laundry Area, Room, In Unit, Inside

Exterior

Parking Features Uncovered, Driveway Gate

Garage Spaces 8.0

Pool None

Building

Story 2

Sewer In Street

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Coldwell Banker Realty

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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