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$620,000

FOR SALE
Active

1249 W 2nd Street

Los Angeles, CA

MLS# 26943079

1,130 Sq Ft2bd • 2ba
65 days on marketNalren refreshed

Listing Agent

Michael Flanagan

Listing Agent

Keller Williams Larchmont

DRE #: 01836941

(323) 762-2600

Brokerage: Keller Williams Larchmont

Peter F Gragnani

Co-Listing Agent

Gragnani Real Estate

DRE #: 01335700

Brokerage: Gragnani Real Estate

Property Details

2

Bedrooms

2

Bathrooms

1,130 sqft

Square Feet

1920

Year Built

2,658 sqft

Lot Size

$549

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

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.

Facts & Features

Interior

Appliances
Gas Oven
Flooring
Wood
Interior Features
Ceiling Fans

Building

Year Built
1920
Living Area
1,130 sqft
Building Area Total
1,130
Levels
One
Stories Total
1

Utilities

Heating
Wall Furnace
Sewer
Other

Parking

Parking Features
None
Parking Total
0

Community / HOA

HOA
No

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