CA > Los Angeles
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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Found It Team

Found It Team

+1(800) 790-7576
$1,877,777
Est. payment /mo
8 Beds
5 Baths
4,888 SqFt
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UPDATED:

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 charming and meticulously upgraded traditional 4-plex situated in the heart of Los Angeles' vibrant and rapidly evolving Koreatown neighborhood. This rare investment opportunity features four expansive units, each approximately 1,230 sq. ft., offering generous living spaces, large dining areas, and thoughtfully designed layouts ideal for tenants or owner-users alike. Two units have been recently remodeled with stylish finishes including hardwood flooring and 1406 1/2 unit with newly added 3/4 bathrooms completed with permits, well-appointed with granite countertops in the kitchens, ample cabinet space, and room for family-sized dining tables. Each unit includes its own private laundry area for added convenience. Significant capital improvements have been made to the building, including full plumbing replacement in 2018, new water heaters installed in 2024, and a fully waterproofed silicone-coated roof for long-term durability. The property also boasts four separate water meters and is structured so that three units cover all their own utilities, with the landlord responsible only for water in one unit. With on-site parking for up to eight vehicles and one vacant unit ready for immediate occupancy or owner-user, this property presents an outstanding opportunity for investors seeking strong rental income and long-term appreciation in a high-demand rental market. Don't miss your chance to secure a rental asset in one of LA's most dynamic and culturally rich communities.

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)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Coldwell Banker Realty
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