Listing provided courtesy of Coby Chatwin of Link Brokerages. Last updated 2026-02-04 09:11:21.000000. Listing information © 2026 CRMLS.

Asking Price: $1,850,000

1542 2nd, Los Angeles CA 90019

Community: ​C16 - Mid Los Angeles

Status: Active


This property was built in 1962 and is priced at $1,850,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 409715094
  • Type:
  • Year Built: 1962
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.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600