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$1,850,000
31 Days On Site

1542 2nd Avenue
Los Angeles, CA 90019

For Sale|Residential Income|Active
16
Beds
9
Total Baths
5,472
SqFt
$338
/SqFt
1962
Built
County:
Los Angeles
Listed by Coby Chatwin of Link Brokerages coby@linkbrokerages.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
1542 2nd Avenue1542 2nd Avenue1542 2nd Avenue1542 2nd Avenue
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Monthly Payment (Est.)

$8,440
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

An attractive Mid City investment opportunity in the desirable Arlington Heights submarket of Los Angeles. Located at 1542 2nd Avenue, the property consists of 8 total units including 1 one bedroom one bathroom unit, 6 two bedroom one bathroom units, and 1 three bedroom one and three quarter bathroom unit. All units are separately metered and the property offers ample on site parking along with substantial interior value add potential. This well maintained asset features a unique and highly desirable unit mix and offers additional upside through ADU potential above the existing carports. Further opportunity for rental growth is supported by the completed seismic retrofit, enhancing both long term stability and operational flexibility. Positioned on quiet Arlington Heights residential streets, the property is conveniently located near local schools, shopping, and neighborhood attractions. With a current cap rate of 4.93%, this offering presents an excellent opportunity for investors seeking to park capital in a stabilized asset while capturing over 40% rental upside potential over time.

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Listing Snapshot
Price 
$1,850,000
Days On Site 
31 Days
Bedrooms 
16
Inside Area (SqFt) 
5,472 sqft
Total Baths 
9
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1962
MLS® Number 
25631651
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $1,850,000
a month agoListing first seen on site
General Features
Acres 
0.1722
Levels 
Two
Number Of Stories 
2
Parking 
CarportDriveway
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
5472
Zoning 
LARD1.5
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Community Features
Financing Terms Available 
Cash
MLS Area 
C16 - Mid Los Angeles


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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