1406 2nd Ave Los Angeles, CA 90019

Welcome to 1406 2nd Avenue, a charming and meticulously upgraded traditional 4-plex situated in the heart of Los Angeles' vibrant and rapidly evolving Koreatown neighborhood. This rare investment opportunity features four expansive units, each approximately 1,230 sq. ft., offering generous living spaces, large dining areas, and thoughtfully designed layouts ideal for tenants or owner-users alike. Two units have been recently remodeled with stylish finishes including hardwood flooring and 1406 1/2 unit with newly added 3/4 bathrooms completed with permits, well-appointed with granite countertops in the kitchens, ample cabinet space, and room for family-sized dining tables. Each unit includes its own private laundry area for added convenience. Significant capital improvements have been made to the building, including full plumbing replacement in 2018, new water heaters installed in 2024, and a fully waterproofed silicone-coated roof for long-term durability. The property also boasts four separate water meters and is structured so that three units cover all their own utilities, with the landlord responsible only for water in one unit. With on-site parking for up to eight vehicles and one vacant unit ready for immediate occupancy or owner-user, this property presents an outstanding opportunity for investors seeking strong rental income and long-term appreciation in a high-demand rental market. Don't miss your chance to secure a rental asset in one of LA's most dynamic and culturally rich communities.