$695,000

1241 W 2nd Street is an excellent owner/user or investment opportunity in a tremendous growth area located just outside Downtown Los Angeles and bordering Echo Park in the developing area of City West. Situated at the corner of Bixel Ave & 2nd Street, the property is walking distance to the Walt Disney Concert Hall, and Dorothy Chandler Pavilion, and short ride to LA Live & Staples Center, and all the amenities of Downtown LA. The subject property is commercial building approximately 1,032 square feet, built in 1950, and situated on one parcel of LACW zoned land totaling approximately 1,510 square feet with two parking spaces. The interior has been completely updated with modern finishes, high ceilings, updated bathrooms, and a new kitchen. Perfect for a creative office user, or retail tenant with excellent exposure on 2nd Street. Currently set up as a 3-bedroom, 2-bathroom home (Buyer to verify all information, permits, square footage, and use as residential).