Homes for sale - 1406 2nd AVE, Los Angeles, CA 90019

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$1,849,900

Est. payment - /mo

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8 BD

5 BA

4,888 SqFt

Active

1406 2nd AVE Los Angeles, CA 90019

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Paco Licea

paco@pacotherealtor.com +1(951) 213-9131

UPDATED:

12/05/2024 03:37 AM

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

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

Interior

Interior Features Ceiling Fan(s), Utility Room

Heating Forced Air

Fireplace No

Appliance Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator

Laundry Inside

Exterior

Parking Features Uncovered

Pool None

View Y/N Yes

View City Lights

Roof Type Tar/Gravel,Tile

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

Listed by Herbert L McGurk • Coldwell Banker Realty

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Paco Licea

Broker | License ID: 01337048

+1(951) 213-9131