Los Angeles, CA 90019,1406 2nd Ave
Los Angeles, CA 90019,1406 2nd Ave
Los Angeles, CA 90019,1406 2nd Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
25
Jan
Mon
26
Jan
Tue
27
Jan
$1,877,777
Est. payment /mo
8 Beds
5 Baths
4,888 SqFt
Save

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 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 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.

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


Read Less Info
TheMLS (CLAW)
Listed by Coldwell Banker Realty
Mella Hajian

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 722-3666

hello@moving2la.com

4465 Willshire Blvd. Ste. 104, Los Angeles, California, 90068, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1406 2nd Ave