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$620,000 Just Listed
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Property Description
**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.
Full Property Details
Full Property Details for 1249 W 2nd St
General
- Price: $620,000
- Status: Active
- Type: Lots/Land
- Source: CLAW
- MLS ID: 26961157
- Updated: 9/4/2026
- Added to Site: 5 day(s) ago
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: Two blocks west of Figueroa Street on W 2nd Street, between Bixel St. and Edgeware Rd.
Lot Features
- Property View: City
- Lot Size (Acres): 0.061
- Lot Size: 2658
- Lot Size Source: Vendor Enhanced
- Zoning: C2(CW)-U/3
Financial Considerations
- Price Per Sq. Ft.: $548.67
Disclosures and Reports
- Disclosures/Reports: As Is, Rent Control
- APN: 5152-008-018
Listed by Keller Williams Larchmont, Michael Flanagan
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Schools
Schools serving 1249 W 2nd St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Betty Plasencia Elementary School 1321 Cortez Street, Los Angeles, CA 90026 | K-5 | 0.4 mi |
Sal Castro Middle School 1575 West 2nd Street, Los Angeles, CA 90026 | 7-8 | 0.4 mi |
Edward R. Roybal Learning Center 1200 Colton Street, Los Angeles, CA 90026 | 9-12 | 0.2 mi |
Academic Leadership Community School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 0.3 mi |
Miguel Contreras Learning Complex School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 0.3 mi |
Contreras Learning Center-Los Angeles School Of Global Studies 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 0.3 mi |
Contreras Learning Center-School Of Social Justice 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 0.3 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1249 W 2nd St
Date
Details
Price
Change
Source
9/02/2026
Listed
$620,000
53.09%
MLS
9/10/2015
Sold
$405,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1249 W 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,972
—
$489,017
2%
2025
$5,972
3%
$479,430
4%
2023
$5,802
5%
$460,815
2%
2022
$5,540
1%
$451,780
2%
2021
$5,468
-1%
$442,923
1%
2020
$5,522
4%
$438,383
2%
2019
$5,308
1%
$429,788
2%
2018
$5,249
2%
$421,362
2%
2017
$5,138
2%
$413,100
2%
2016
$5,019
39%
$405,000
42%
2015
$3,602
-1%
$286,081
2%
2014
$3,627
—
$280,478
—
2013
$3,621
—
$279,211
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1249 W 2nd St
1249 W 2nd St, Los Angeles, CA 90026 (MLS# 26961157) is a Lots/Land property with a lot size of 0.0610 acres. 1249 W 2nd St is currently listed for $620,000 and was received on September 02, 2026. Want to learn more about 1249 W 2nd St? Do you have questions about finding other Lots/Land real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

