1406 2Nd Avenue

Los Angeles, CA 90019

$1,849,900

List Price

8

bed Beds

5

shower Baths

4,888 sqft

straighten / sqft

1924

calendar_month Built

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!

Listing Information

List Price $1,849,900
Status Active
MLS 24420154
Type Residential Income
Year Built 1924
Lot Size 7,502
Structure Size 4,888
DOM 28
Courtesy Of Coldwell Banker Realty
Listing Agent Herbert L McGurk DRE#01361267

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 5
Additional Information
Additional Features Ceiling Fan(s), Utility Room

Exterior Information

Maps

Listing information courtesy of: Herbert L McGurk, Coldwell Banker Realty 310-739-5511. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.