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 Details
Price:
$1,849,900
MLS #:
24420154
Status:
Active
Baths:
0
Address:
1406 2nd Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jul 26, 2024
State:
CA
ZIP:
90019
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1924
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop
Heating
Forced Air
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
Uncovered
Parking Spots
8.00
Pool Features
None
Roof
Tar/ Gravel, Tile
Sewer
Other
Spa Features
None
Stories Total
1
View
City Lights
Financial
Tenant Pays
Gas, Electricity, Cable T V
Map
Community
- Address1406 2nd Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1406 2nd Avenue
Los Angeles, CA
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