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1249 W 2nd Street

Los Angeles, CA 90026
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Bed 2

Bed

Bath 2

Bath

SqFt1,130

Sqft

SqFt2,658

Sqft(Lot)

**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 oppo rtunity for investors, developers or owner-users seeking income and long-term upside in a central Los Angeles location.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $620,000

AD Id : 90960723

MLS Id : 26943079

Beds : 2

Lot Size : 2,658 Sqft

Living Area Size : 1,130

Year Built : 1920

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2

    Flooring Information

    Wood
  • Interior Features

    CeilingFans
    Appliances: GasOven
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1920
    Building Area Total: 1130
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 2658 Lot Size Acres: 0.061 Lot Size Square Feet: 2,658

  • Listing Price Information

    Listing Price: $620000

  • Tax Information

    Parcel Number: 5152008018

  • Location Information

    Direction: Two blocks west of Figueroa Street on W 2nd Street, between Bixel Street and Edgeware Rd.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1547 Cerro Gordo Street, Los Angeles, CA, 90026 $1,595,000 3 2 1,600 7,512 Sqft
2168 Princeton Avenue, Los Angeles, CA, 90026 $3,299,000 3 2 2,509 6,386 Sqft
2168 Princeton, Los Angeles, CA, 90026 $3,299,000 3 2 2,509 6,386 Sqft
1622 Donaldson Street, Los Angeles, CA, 90026 $3,295,000 5 6 2,966 5,979 Sqft
1915 Park Avenue, Los Angeles, CA, 90026 $18,000,000 40 40 37,830 8,320 Sqft
2140 Lemoyne Street, Los Angeles, CA, 90026 $2,350,000 3 2 -- 7,505 Sqft
2017 Vestal Avenue, Los Angeles, CA, 90026 $1,599,900 9 5 4,592 7,466 Sqft
1188 Innes Avenue, Los Angeles, CA, 90026 $3,500,000 13 -- 10,470 12,787 Sqft
1804 Echo Park Avenue, Los Angeles, CA, 90026 $1,300,000 5 3 2,319 5,357 Sqft
1458 Sutherland Street, Los Angeles, CA, 90026 $2,490,000 6 -- 3,187 22,577 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/04/2026 @ 02:05

MLS: 26943079 LISTED BY: Michael Flanagan, Keller Williams Larchmont 323-762-2600 SOURCE: CRMLS

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