1249 W 2nd Street, Los Angeles, CA 90026
- $620,000
- 2
- BD
- 2
- BA
- 1,130
- SqFt
- List Price
- $620,000
- Status
- ACTIVE
- MLS#
- 26943079
- Year Built
- 1920
- Bedrooms
- 2
- Bathrooms
- 2
- Living Sq. Ft
- 1,130
- Lot Size
- 2,658
- Acres
- 0.06
- Days on Market
- 10
- Property Type
- Multifamily
- Stories
- One Level
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.
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Additional Information
- Appliances
- Gas Oven
- Heat
- Wall Furnace
- Sewer
- Other
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Michael Flanagan (Mike@FlanaganEstates.com) from Listing Office: Keller Williams Larchmont.
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