SoldJul 8, 2026

Listed by Coby Chatwin and Andrew Malekie from Link Brokerages

Bought with Chase Simonton

Source: Combined LA Westside Multiple Listing Service, Inc #25631651

1542 2nd Avenue, Los Angeles, CA, 90019

$1,250,000

16
9
8
5472 sq. ft.
7501 sq. ft.

Other

30+ days on the market

Sold: Jul 8, 2026

What's around 1542 2nd Avenue

About this property

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.

Looking for more information on 1542 2nd Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar property sold nearby

SoldDec 12, 2025
$1,200,000
1815 Hauser Boulevard
Los Angeles CA 90019
16
8
8
Other
Listing courtesy of KW Westside Estates and KW SELA

Other properties sold by Link Brokerages

SoldJul 6, 2026
$415,000
6208 Quaking Aspen Street
Bakersfield CA 93313
3
2
Single-Family
Listing courtesy of Elevate Realty and Link Brokerages
SoldJun 24, 2026
$1,425,000
4520 Willow Brook Avenue
Los Angeles CA 90029
12
12
Other
Listing courtesy of Link Brokerages
SoldJun 18, 2026
$705,000
2009 Dewdrop
Upland CA 91786
3
3
3
Condo
Listing courtesy of Link Brokerages

Browse properties sold in nearby areas

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent