Properties

Los Angeles, CA 90019 1542 2nd Avenue

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Presented By: Coby Chatwin with Link Brokerages;
  • MLS# 25631651
  • 12/30/2025
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  • Beds • 16
  • Baths • 1
  • SQFT • 5,472

Home Details

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.
Presented By: Coby Chatwin with Link Brokerages;

Interior Features for 1542 2nd Avenue

Bedrooms

Total Bedrooms16

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths9

Other Interior Features

Air Conditioning Y/NNo
Total Stories2

General for 1542 2nd Avenue

Buyer FinancingCash
Cap Rate5.59
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsNorth of Venice Blvd, West of Arlington Ave.
Full Baths
Gross Income137460
HOANo
LevelsTwo
Listing TermsCash
Living Area5472
Lot Size Square Feet7501
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income93400
New ConstructionNo
Number Of Units Total8
Occupancy TypeTenant
Open Parking Spaces2
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1962
Year Built SourceOther
ZoningLARD1.5

Exterior for 1542 2nd Avenue

Building Area Total5472
Lot Size Acres0.1722
Lot Size Area7501
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesCarport, Driveway
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,650,000
MLS#25631651
List Date 12/30/2025
Property Type Multi-Family
Phone 888.795.6274
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Request Tour
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