1249 W 2nd St, Los Angeles, CA 90026 - Photo 1

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$620,000

For Sale
Active
Lots/Land
0.061 Acres
Updated 8 days ago

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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: 9/23/2026
Added to Site: 51 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

Disclosures and Reports

Disclosures/Reports: As Is, Rent Control
APN: 5152-008-018

Listed by Keller Williams Larchmont, Michael Flanagan and Gragnani Real Estate, Peter F Gragnani

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Listing agents

— 1249 W 2nd St —

Michael Flanagan

Keller Williams Larchmont
Peter F Gragnani

Gragnani Real Estate

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NMLS#: 1598647

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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 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/02/2026

Listed

$620,000

53.09%

MLS

9/10/2015

Sold

$405,000

—

Public Record

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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

2025

$5,972

$479,430

2023

$5,802

$460,815

2022

$5,540

$451,780

2021

$5,468

-1%

$442,923

2020

$5,522

$438,383

2019

$5,308

$429,788

2018

$5,249

$421,362

2017

$5,138

$413,100

2016

$5,019

39%

$405,000

42%

2015

$3,602

-1%

$286,081

2014

$3,627

—

$280,478

—

2013

$3,621

—

$279,211

—

View All

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.

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1249 W 2nd St Los Angeles, CA 90026