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Commercial Land with Existing Duplex
New
For Sale
$620,000

1249 W 2nd St, Los Angeles, CA 90026

Land, Los Angeles, CA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market3

Property Features for 1249 W 2nd St

General Information

Property type Land
Property subtype Other
Zoning C2(CW)-U/3
View City
Directions Two blocks west of Figueroa Street on W 2nd Street, between Bixel St. and Edgeware Rd.
Subdivision Downtown L.A.
Standard status Active
APN 5152-008-018
Lot size 0.06 Acres
Listing Agency: Keller Williams Larchmont · Keller Williams Realty
Listed By: Michael Flanagan · License #01836941
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 4 at 1:06AM
MLS# 26961157

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.

Investment Insights

Based on property information with market context.

This commercial land parcel contains an existing duplex and a billboard sign that generates additional revenue under a month-to-month agreement. The signage can remain in place or be removed by a future owner, subject to the agreement, providing flexibility for the property's next use.

The property is located near Downtown Los Angeles, around the corner from the Shakespeare Center of Los Angeles and one block from Vista Hermosa Park. It also offers access to Downtown and the 110 Freeway. Zoning is LACW C2(CW)-U/3, and the site is within TOC Tier 3.

Key Highlights

  • C2(CW)-U/3 zoning with TOC Tier 3 designation
  • Existing duplex on the commercial land parcel
  • Billboard agreement is month‑to‑month

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.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - C2(CW)-U/3-zoned property with an existing duplex and month-to-month billboard agreement.
Where is this commercial land 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: C2(CW)-U/3 zoning with TOC Tier 3 designation; Existing duplex on the commercial land parcel; Billboard agreement is month‑to‑month
More about this property
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