fbpx

$1,849,900
8 bed
4,888 Sqft
7,502 Sqft lot

1406 2nd Avenue, Los Angeles, California 90019

  • Residential Income Property Type
  • 1 Days Time on market
  • $378 Price per sqft
  • 1924 Year Built
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 meterstwo 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!

Basic Details
Residential Income
Buy
24420154
$1,849,900
8
4,888 Sqft
1924
7,502 Sqft
Active
Condos/Co-ops
Features
: Forced Air
: City Lights
: Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop
: Traditional
8
$0
: Tar/gravel, Tile
: Other
Address
CA
Los Angeles
Los Angeles
90019
1406 2nd Avenue
1406
Avenue
0
W119° 40' 52.9''
N34° 2' 45.2''
Additional Information
1
1
2
1
5
: Two
: Inside
4,888 Sqft
0 Sqft
0 Sqft
: Assessor
: Ceiling Fan(s), Utilityroom
0.17 Sqft
7,502 Sqft
1
0 Sqft
LARD1.5
5072037011
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
26/07/2024 16:06:32
$0
: Standard
East of Arlington & South of Pico Blvd.
Coldwell Banker Realty
Herbert L McGurk
CLW-B2000101
CLW-X56218
$0
4.21
West
1
1
0
0
1
1
4
4
2
4
Updated/Remodeled
1
108288
US-06037-N-5072037011-R-N
26/07/2024 23:12:40
2nd
C16 - Mid Los Angeles
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$