1406 2nd Avenue
Los Angeles, CA 90019
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!
PROPERTY INFORMATION
MLS # | 24420154 | Lot Size | 7,502 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 1,849,900
Price Per SqFt: $ 378 |
DOM | 332 Days |
Address | 1406 2nd Avenue | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 4,888 Sq. Ft. |
Postal Code | 90019 | Garage | N/A |
County | Los Angeles | Year Built | 1924 |
Bed / Bath | 8 / 0 | Parking | 8 |
Built In | 1924 | Status | Active |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Inside |
Has Appliances | Yes |
Kitchen Appliances | Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop |
Kitchen Information | Granite Counters, Remodeled Kitchen |
Has Heating | Yes |
Heating Information | Forced Air |
Room Information | Living Room, Utility Room |
InteriorFeatures Information | Ceiling Fan(s) |
Has Spa | No |
SpaDescription | None |
EXTERIOR FEATURES
Roof | Tar/Gravel, Tile |
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,973
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
07/26/2024 | Listed | $1,849,900 |

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Listing provided courtesy of Herbert L McGurk, Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.