1542 1/2 2nd Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1542 1/2 2nd Avenue,Los Angeles, CA 90019
$1,250,000
  • 16 Beds
  • 9 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: coby chatwin, andrew malekie
Office: link brokerages310-695-6510
MLS#:25631651
Source:CRMLS

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Price summary

  • Price:$1,250,000

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:219 day(s) ago
  • Updated:August 07, 2026 at 06:39 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:9

Structure and exterior

  • Year built:1962
  • Levels:2 Story

Finances and disclosures

  • Price:$1,250,000

Parking

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