1406 2nd Avenue, Los Angeles, CA 90019
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1406 2nd Avenue,Los Angeles, CA 90019
$1,877,777
- 8 Beds
- 5 Baths
- 4,888 sq. ft.
- Multi-family
- Active
Listed by:herbert l mcgurk
Office:coldwell banker realty
MLS#:25548609
Source:CRMLS
Price summary
- Price:$1,877,777
- Price per sq. ft.:$384.16
About this home
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 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.
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Home facts
- Year built:1924
- Listing ID #:25548609
- Added:121 day(s) ago
- Updated:September 30, 2025 at 08:35 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Living area:4,888 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1924
- Building area:4,888 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$1,877,777
- Price per sq. ft.:$384.16
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