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$620,000

1249 W 2nd Street

Los Angeles, CA 90026

Active

Los Angeles

County

Land

Property Type

About this home

**DEVELOPER OPPORTUNITY** Centrally located near Downtown LA, Zoned LACW C2(CW)-U/3 and located within TOC Tier 3, the property may offer development, commercial, Live/work, or business-front potential. Property is situated around the corner from the Shakespeare Center of Los Angeles and one block from Vista Hermosa Park, with convenient access to Downtown and 110Fwy. Currently an income-producing duplex and additional revenue from billboard sign located on the lot. The billboard agreement is month-to-month, providing a new owner with the flexibility to remove the signage, if they choose to develop the property.

Listed by Michael Flanagan · DRE #01836941 · Keller Williams Larchmont

MLS #1189649025

ListedSep 2, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total0

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.06 ac

Lot FeaturesN/A

ViewCity Lights

DirectionsTwo blocks west of Figueroa Street on W 2nd Street, between Bixel St. and Edgeware Rd.

Community

AreaC42 - Downtown L.A.

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$3,300/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 7:45 PM

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