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For sale
  • $1,877,777

    1406 2nd Ave, Los Angeles, CA 90019

    8beds
    5baths
    4,888sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $1,820,400 Zestimate®
    $384/sqft
    $-- HOA

    What's special

    Spacious unitsStylish finishesThoughtfully designed layoutsLarge dining spacesNew appliancesEight parking spacesIn-unit laundry
    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.
    57 days
    on Zillow
    |
    125
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 09:16am

    Listed by:

    Herbert L McGurk DRE # 01361267 310-739-5511,

    Coldwell Banker Realty 310-777-6200

    Source: CLAW,MLS#: 25548609MLS Logo
    Travel times

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    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Rooms
    • Room types: Living Room
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Included: Disposal, Gas Water Heater
    • Laundry: Laundry Area, Laundry Room, In Unit, Inside, Gas Dryer Hookup
    Features
    • Ceiling Fan(s)
    Interior area
    • Total structure area: 4,888
    • Total interior livable area: 4,888 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open, Driveway Gate
    • Uncovered spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch
    • Pool features: None
    Lot
    • Size: 7,505.39 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5072037011
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Updated/Remodeled
    • Year built: 1924

    Utilities & green energy

    • Sewer: In Street

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $384/sqft
    • Tax assessed value: $1,784,827
    • Annual tax amount: $22,132
    • Date on market: 6/5/2025
    • Tenant pays: Electricity, Gas, Water, Special, Cable TV, HVAC Maintenance
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