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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. Great for owner-user, investor or 1031 Exchange.
Property Type(s):
Residential Income
| Last Updated | 9/2/2025 | Year Built | 1924 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Disposal |
| AREA | C16 - Mid Los Angeles |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7505 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 2 |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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