RateMyAgentGo to search
Log inJoin
Back 1542 2nd Avenue
Off Market

1542 2nd Avenue

Los Angeles CA 90019

16
9
8
5472 sq. ft.
7501 sq. ft.
Other
Last sold for $1,250,000
Coby ChatwinCoby Chatwin, last sold this property on 08 July 2026 after 189 days on market.

Overview

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.

Features

16 bedrooms
9 bathrooms
8 carspaces
2 open car spaces
5472 sq. ft. floor area
7501 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 16 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 1542 2nd Avenue

2026
Sold
$1,250,000
08 Jul 2026 by Coby Chatwin, of Link Brokerages

Happy sellers in Los Angeles

<50%
Less than 50% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 16 bedroom other properties in Los Angeles

In the last 12 months, 1 numeral.16-bedroom other similar to 1542 2nd Avenue, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Los Angeles

placeholder
Kara Marotta

Kara Marotta is a recommended agent for Los Angeles.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  3 Reviews in Los Angeles
  •  2 Sales in Los Angeles
View profile
placeholder
Julie Lugo

Julie Lugo is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
View profile
placeholder
Nathan Campos Gonzalez

Nathan Campos Gonzalez is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (9 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
View profile
placeholder
Jenny Mosbaugh

Jenny Mosbaugh is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (17 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Sales:
(619) 566-0008
Company
AboutCurrent JobsBrand Guidelines
Help & Learning
Tools and TipsHelp CenterBlog
Product
Compare AgentsTracked PropertiesSalesPlans & PricingLoginJoin
Community
Awards
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap