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1542 2nd Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:CENTURY 21 Allstars
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:156 day(s) ago
  • Updated:June 05, 2026 at 10:40 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Allstars is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Allstars, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Joseph Villaescusa

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