1406 2nd Avenue

Los Angeles, CA 90019
Beds
8
Baths
5
Square Ft.
4,888
Property listed by Coldwell Banker Realty, Herbert L McGurk 310-777-6200
$1,887,777
1406 2nd Avenue is a high-performing, turnkey 4-unit investment opportunity in the heart of Koreatownone of Los Angeles' most supply-constrained and rent-driven submarkets. Priced to deliver a 4.81% cap rate and 15.85 GRM, this asset offers immediate yield with proven rental strength and future upside.The property consists of four exceptionallyRead MoreRead Less
Listing Snapshot
Days Online
4
Last Updated
Beds
8
Square Ft.
4,888
Lot Size
0.17 Acres
Year Built
1924
MLS Number
26698257
Property Location Map
Additional Details
Appliances & Equipment
Microwave, Oven, Refrigerator, Dryer, Washer
Building
Built in 1924, Living area: 4888.0, 1 building, 2 stories, Levels: Two
Heating
WallFurnace
Income
Gross Income: $119,124, Net Operating Income: $90,891.6
Interior Features
CeilingFans
Lot
0.1723 acres
Parking
8 open parking spaces, 8 total parking spaces, Assigned, SideBySide, Uncovered
Taxes
Parcel Number: 5072037011, Zoning: LARD1.5
Tenant Pays
GroundsCare, Insurance
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Kathy Zajac
Broker
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.