$620,000
For Sale by Owner $549/sq ft
Listed 10 days ago

2BR Multi-Family for Sale in Los Angeles, CA

1249 W 2nd St, Los Angeles, CA 90026
2 Beds
2 Bath
1,130 sq ft
Built 1920
PropSlick Verified Data Key facts & insights for this exact address
$549
Price / sq ft
1920
Year Built
$5,971
Property Tax / yr
2,657 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1920
Square Footage1,130 sq ft
Lot Size2,657 sq ft
Annual Property Tax$5,971
Price / SqFt$549

Property Description

**DEVELOPER OPPORTUNITY** Centrally located near Downtown LA, this tenant-occupied duplex offers 2 x (1-bedroom, 1-bathroom) units, with Downtown skyline views and additional monthly income from prominent billboard signage on the property. The billboard agreement is month-to-month, offering a new owner potential flexibility to renegotiate the terms or pursue removal of the signage should they wish. Just around the corner from the Shakespeare Center of Los Angeles and one block from Vista Hermosa Natural Park with convenient access to green space, picnic areas, summer theatrical performances and a neighboring soccer field. The property is Zoned LACWC2(CW)U/3 and located within TOC Tier 3, the site may offer development, commercial, Live/work or business-front potential. An excellent opportunity for investors, developers or owner-users seeking income and long-term upside in a central Los Angeles location.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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