1249 W 2nd St, Los Angeles, CA 90026
1249 W 2nd St, Los Angeles, CA 90026
1249 W 2nd St, Los Angeles, CA 90026
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John Matukas

John Matukas

+1(323) 377-4961
$620,000
Est. payment /mo
2 Beds
2 Baths
1,130 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,130 sqft

Price per Sqft $548

MLS Listing ID 26943079

Style A-Frame

Bedrooms 2

Year Built 1920

Lot Size 2,658 Sqft

Acres 0.061

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning C2(CW)-U/3

Rooms

Other Rooms None

Kitchen Counter Top

Interior

Heating Wall

Cooling Ceiling Fan

Flooring Hardwood

Equipment Ceiling Fan

Exterior

Parking Features None

Roof Type Asphalt

Building

Story 1

Sewer In Street

Water Public

Architectural Style A-Frame

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Larchmont

NEARBY SCHOOL & BUSINESS

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John Matukas

John Matukas

+1(323) 377-4961

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