$ 1,877,777
-
$1,877,777
Price -
8
Bed -
5
Bath -
4,888
SqFt
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About the Listing CLW-B2000101 - CLW-X56218
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 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.
Listing Highlights for 1406 2nd Ave
Status
Active
Days on Site
93
Property Type
Multi-Family
MLS ®
25548609
Year Built
1924
Total Square Footage
4,888
Lot/Acreage
0.17
County
Los Angeles
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances: Disposal
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer: Other
- Parking Features: Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5072037011
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1406 2nd Ave Los Angeles, CA 90019
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