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.
For sale
$1,877,777
1406 2nd Ave, Los Angeles, CA 90019
8beds
5baths
4,888sqft
Est.:
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
- 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#: 25548609

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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