1249 W 2nd ST, Los Angeles, CA 90026
1249 W 2nd ST, Los Angeles, CA 90026
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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Ian Michael

Ian Michael

+1(714) 723-1545
$ 620,000
Est. payment | /mo

2 Beds

2 Baths

1,130 SqFt

Save
$ 620,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,130 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,130 sqft

Price per Sqft $548

MLS Listing ID 26943079

Bedrooms 2

HOA Y/N No

Year Built 1920

Lot Size 2,657 Sqft

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 C42 - Downtown L.A.

Zoning C2(CW)-U/3

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Gas Oven

Exterior

Parking Features None

Building

Faces South

Story 1

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5152008018

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Michael Flanagan Keller Williams Larchmont #01836941

Nearby Locations

Ian Michael

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 723-1545

ian@luxurela.com

50 Wilshire Blvd suite 203,, Beverly Hills, California 9021290212, USA

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1249 W 2nd ST