About This Home

This 2-bedroom, 2-bathroom residential multi family at 1249 W 2nd St in Los Angeles, CA is listed for $620,000 ($549 per sqft). Built in 1920, the home offers 1,130 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1920
  • 0.06 acre lot

Property Details

1 story
2 full
1920

Amenities

Hardwood
Listing 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.

Monthly Cost Estimate

$3,316/mo

20% down · 6.5% · 30 years

Principal$448
Interest$2,687
Insurance$181

Estimates only. Actual payments may vary.

Location

1249 W 2nd St

Los Angeles, CA 90026

Property Details

Flooring

Hardwood

Cooling

Ceiling Fan(s)

Appliances

Oven-Gas

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 1249 W 2nd St is listed at $620,000 ($549/sqft). The estimated monthly payment is $3,316 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.06 acre lot.

This property is listed by Michael Flanagan.

MF

Michael Flanagan

License 01836941

Agent at Keller Williams Larchmont

Listed by Keller Williams Larchmont · Broker phone: (323) 762-2600 · View on Broker Site · Broker website

MLS# 26943079· Source: The MLS/CLAW· 61 days on PropertySimple

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1249 W 2nd St, Los Angeles, CA 90026

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