1406 2nd Avenue

Los Angeles, CA 90019

About this property

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!

About this property

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!

Features and Additional Information

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$1,849,900 Active
4,888 SQFT

Presented By Coldwell Banker Commercial Real Estate Solutions

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Get in touch today! Phone: 1-760-684-8000
License #DRE: 01857050
Brokerage
Coldwell Banker Realty 310-777-6200
1-310-777-6200
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Area Information

C16 Mid Los Angeles | Los Angeles County |

$ 1,849,900
This listing is play_arrow 2.8% higher than the average in the area
$ 1,800,000 in the area
4,888 SqFt
This listing is play_arrow 12.9% larger than the average in the area
4,331 SqFt in the area
$ 378 $/SqFt
This listing is play_arrow 9.0% less than the average in the area
$ 416 $/SqFt in the area
134 days on site
This listing is play_arrow 15.5% below the average in the area
159 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Herbert L McGurk
Brokerage: Coldwell Banker Realty 310-777-6200

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