1406 2nd AVE, Los Angeles, CA 90019 – 25548609

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$1,877,777

Est. payment - /mo

8 Beds

5 Baths

4,888 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,888 sqft

Price per Sqft $384

MLS Listing ID 25548609

Bedrooms 8

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1924

Lot Size 7,505 Sqft

Property Description

Welcome to 1406 2nd Avenue, a charming and meticulously upgraded traditional 4-plex situated in the heart of Los Angeles' vibrant and rapidly evolving Koreatown neighborhood. This rare investment opportunity features four expansive units, each approximately 1,230 sq. ft., offering generous living spaces, large dining areas, and thoughtfully designed layouts ideal for tenants or owner-users alike. Two units have been recently remodeled with stylish finishes including hardwood flooring and 1406 1/2 unit with newly added 3/4 bathrooms completed with permits, well-appointed with granite countertops in the kitchens, ample cabinet space, and room for family-sized dining tables. Each unit includes its own private laundry area for added convenience. Significant capital improvements have been made to the building, including full plumbing replacement in 2018, new water heaters installed in 2024, and a fully waterproofed silicone-coated roof for long-term durability. The property also boasts four separate water meters and is structured so that three units cover all their own utilities, with the landlord responsible only for water in one unit. With on-site parking for up to eight vehicles and one vacant unit ready for immediate occupancy or owner-user, this property presents an outstanding opportunity for investors seeking strong rental income and long-term appreciation in a high-demand rental market. Don't miss your chance to secure a rental asset in one of LA's most dynamic and culturally rich communities.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Disposal

Laundry Inside, Laundry Room

Exterior

Parking Features Uncovered

Pool None

Porch Front Porch

Total Parking Spaces 8

Private Pool No

Building

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5072037011

Financing Cash,Private

Special Listing Condition Standard

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Listed by Herbert L McGurk • Coldwell Banker Realty

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1406 2nd AVE Los Angeles, CA 90019

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

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