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Duplex with Billboard Signage
For Sale
$620,000

1249 W 2nd St, Los Angeles, CA 90026

Residential Income, A-Frame, Los Angeles, CA

Property Size1,130 SF
Lot Size0.06 Acres
Price / SF$548.67
Days on Market49

Property Features for 1249 W 2nd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C2(CW)-U/3
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Appliances Oven-Gas
Directions Two blocks west of Figueroa Street on W 2nd Street, between Bixel Street and Edgeware Rd.
Subdivision Downtown L.A.
Standard status Active
APN 5152-008-018
Size 1,130 SF
Lot size 0.06 Acres

Utilities

Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1920
Floors in Building 1
Number of units 2
Flooring type Hardwood
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams Larchmont · Keller Williams Realty
Listed By: Michael Flanagan · License #01836941
Added: Sep 1 Changed: Oct 17 Last Checked: Oct 19 at 5:06AM
MLS# 26943079

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.

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Investment Insights

Based on property information with market context.

This Los Angeles duplex contains two one-bedroom, one-bathroom units and is currently tenant-occupied. The 1,130-square-foot building was constructed in 1920 and sits on a 0.061-acre parcel. Interior features include hardwood flooring, ceiling fans, and a gas oven. Public water serves the property.

A billboard is installed on the property under a month-to-month agreement. The site is within TOC Tier 3. Downtown Los Angeles is nearby, as are the Shakespeare Center of Los Angeles and Vista Hermosa Natural Park. The park includes picnic areas and a soccer field, and hosts summer theatrical performances.

Key Highlights

  • Two tenant‑occupied units, each with one bedroom and one bathroom
  • 1,130‑square‑foot building on a 0.061‑acre parcel
  • Billboard signage subject to a month‑to‑month agreement

Property Analytics

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Current Use

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

Suggested Use

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

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The tenant-occupied property contains two one-bedroom, one-bathroom residences and a month-to-month billboard agreement.
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: Two tenant‑occupied units, each with one bedroom and one bathroom; 1,130‑square‑foot building on a 0.061‑acre parcel; Billboard signage subject to a month‑to‑month agreement
More about this property
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