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1542 2nd Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:CENTURY 21 Valley Properties
1542 2nd Avenue,Los Angeles, CA 90019
$1,550,000
  • 16 Beds
  • 9 Baths
  • 5,472 sq. ft.
  • Multi-family
  • Active
Listed by: coby chatwin, andrew malekie
Office: link brokerages310-695-6510
MLS#:25631651
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$283.26

About this home

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...

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Home facts

  • Year built:1962
  • Listing ID #:25631651
  • Added:111 day(s) ago
  • Updated:April 21, 2026 at 10:35 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:9
  • Living area:5,472 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:5,472 sq. ft.
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$283.26

Parking

  • Total parking spaces:8
  • Parking description:Carport, Driveway
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