$1,670,136

1542 2nd Avenue, Los Angeles, CA 90019

  • 16 beds |
  • 9 baths |
  • 5,472 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon7,501sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $305/sqft
  • Property List Date Icon Listed 21 hours ago

Property Description

PORTFOLIO SALE - Offered collectively for the first time in 3 decades, this property is being sold as part of an exclusive 6 building multifamily portfolio. All assets are to be sold together and are offered at a total price of $11,750,000. The portfolio includes the following Los Angeles properties: 1) 4520 Willow Brook Ave 90029, 2) 1123 S Norton Ave 90019, 3) 1542 2nd Ave 90019, 4) 5430 Smiley Dr 90016, 5) 4051 W 4th St 90020, 6) 3421-3427 S Norton Ave 90018.Another 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 exceeding 5.5%, 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.

Listing Status:
Active
Date Added:
December 30, 2025 at 06:00AM
Listing Office:
Link Brokerages : 310-695-6510
Listing Agent:
Coby Chatwin : 310-743-3908
MLS ID:
25631651
  • A/C: None
  • Parking: CarportDrivewayParking spaces: 8
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD1.55072034016
  • Source: CRMLS_CL

This listing courtesy of Coby Chatwin, Link Brokerages

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carson - Gore Academy of Enviornmental Studies

3200 W Washington Blvd, Los Angeles, CA, 90018

Grades KG-5

0.32 miles away

P

Pico Pico Middle School

1512 Arlington Ave, Los Angeles, CA, 90019

Grades 6-8

0.13 miles away

J

Joseph Pomeroy Widney Career Preparatory and Transition Center

2302 S Gramercy Pl, Los Angeles, CA, 90018

Grades 11-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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