Listing provided courtesy of Herbert L McGurk of Coldwell Banker Realty. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $1,849,900
1406 2nd, Los Angeles CA 90019
Community: C16 - Mid Los Angeles
Status: Active
This property was built in 1924 and is priced at $1,849,900. Please see the additional details below.
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!