$1,887,777
1406 2nd Avenue, Los Angeles CA 90019
Multi-Family (4 Units)
Property type
9 days
On market
$386
Price per sqft
N/A
Garage
1924
Year built
7,504 sqft
Lot size
Home highlights
Open Houses
Overview
This exceptional property delivers everything today's savvy investor demands: proven income, turnkey condition, significant upside, and an irreplaceable location that continues to attract quality, long-term tenants year after year. What immediately sets this property apart is its extraordinary unit size. Each of the four generously proportioned 2-bedroom, 1-bath residences...
Listing provided by: Herbert L McGurk DRE #01361267 310-739-5511, Coldwell Banker Realty
Listing updated: Jun 3, 2026 at 07:20am.
Last checked: Jun 3, 2026 at 08:00am
Source: CRMLS #26839121
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,967 | $1,967 | $2,750 | Unfurnished |
| 2 | 2 | 2 | — | $2,750 | $2,750 | $3,000 | Unfurnished |
| 3 | 2 | 1 | — | $2,750 | $2,750 | $2,850 | Unfurnished |
| 4 | 2 | 1 | — | $2,460 | $2,460 | $2,850 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Refrigerator: 4
Rent Control: Yes
Tenant Pays: Grounds Care, Insurance
Financial Snapshot
Gross Rent Multiplier
15.8x
List Price / Annual Gross Rent
Cap Rate
4.81%
NOI / List Price
Net Operating Income: $90,892
Interior
Interior Features: Ceiling Fans
Room Type: Living Room
Heating: Wall Furnace
Appliances: Microwave, Oven, Refrigerator, Dryer, Washer
Fireplace: Dining Room, Living Room, Outside
Laundry: Inside, Dryer Included, Washer Included
Exterior
Architectural Style: Traditional
Stories Total: 2
Levels: Two
Property Condition: Updated Remodeled
Sewer: Other
Garage and Parking
Parking: Assigned, Side By Side, Uncovered
Uncovered Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Parcel #: 5072037011
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1406 2nd Avenue, Los Angeles, CA 90019. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,510,222
Total Interest
$1,926,204
Total Payment
$3,436,426
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,662
per month
Property History for 1406 2nd Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90019.
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