1406 2nd AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,888 sqft
Price per Sqft $378
MLS Listing ID 24420154
Bedrooms 8
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1924
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
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!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Rooms
Ensuite Laundry Inside
Interior
Interior Features Ceiling Fan(s),Utility Room
Laundry Location Inside
Heating Forced Air
Fireplace No
Appliance Dishwasher,Gas Cooktop,Disposal,Microwave,Refrigerator
Laundry Inside
Exterior
Garage Uncovered
Pool None
View Y/N Yes
View City Lights
Roof Type Tar/Gravel,Tile
Parking Type Uncovered
Total Parking Spaces 8
Private Pool No
Building
Faces West
Story 1
Entry Level Two
Sewer Other
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5072037011
Financing Cash
Special Listing Condition Standard
Lease Land No