1406 2nd Avenue, Los Angeles, CA 90019

  • $1,877,777
1406 2nd Avenue, Los Angeles, CA 90019
Active Updated/Remodeled
1406 2nd Avenue, Los Angeles, CA 90019
1406 2nd Avenue, Los Angeles, CA 90019
  • $1,877,777

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 currently vacant and being 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.

  • Address 1406 2nd Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019
  • Country US

Details

Updated on June 14, 2025 at 3:27 am
  • Property ID: 25548609
  • Price: $1,877,777
  • Property Size: 4888
  • Land Area: 0.1723 Acres
  • Bedrooms: 8
  • Bathrooms: 5
  • Garage Size: x x
  • Year Built: 1924
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman