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Tenant-Occupied Duplex with Billboard
New
For Sale
$620,000

1249 W 2nd St, Los Angeles, CA 90026

Two occupied residences pair with a flexible month-to-month billboard agreement and central Los Angeles access.

Property Size1,130 SF
Days on Market5

Property Features for 1249 W 2nd St

General Information

Standard status Active
Size 1,130 SF
Property subtype MULTI_FAMILY
Zoning LACWC2(CW)U/3

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Building Details

Building Size 1,130 SF
Year Built 1920
Listing Agency: Keller Williams Larchmont
Listed By: Michael Flanagan · License #01836941
Source: Rochellemaize
Added: Sep 1 Changed: Sep 4 Last Checked: Sep 4 at 2:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Larchmont

Investment Insights

Based on property information with market context.

Located at 1249 W 2nd St in Los Angeles, this 1920-built duplex contains two one-bedroom, one-bathroom residences. Both units are tenant occupied, and the property also includes prominent billboard signage governed by a month-to-month agreement.

The property is near Downtown LA, the Shakespeare Center of Los Angeles, and Vista Hermosa Natural Park. The park is one block away and includes green space, picnic areas, summer theatrical performances, and a neighboring soccer field. The site is zoned LACWC2(CW)U/3 and falls within TOC Tier 3. Downtown skyline views are also part of the property’s setting.

Key Highlights

  • 1920‑built duplex with 2 tenant‑occupied units
  • Two 1‑bedroom, 1‑bathroom residences
  • Billboard signage supported by a month‑to‑month agreement

Property Analytics

Current Use

L.A. Auto Unlock Locksmith Nisson G. Tattoo ... Tattoo & Piercing Shop

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Carpet & Flooring Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,818
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied residences pair with a flexible month-to-month billboard agreement and central Los Angeles access.
Where is this duplex located?
The property is located at 1249 W 2nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 1920‑built duplex with 2 tenant‑occupied units; Two 1‑bedroom, 1‑bathroom residences; Billboard signage supported by a month‑to‑month agreement
More about this property
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