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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1542 2nd Avenue Los Angeles, CA 90019
$1,550,000 16 beds, 9 baths
5, 472 sqft
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Photo of Ed Solorzano

Ed Solorzano REALTORĀ® - Sales Associate 310-990-6252 m
310-777-2863 o
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com
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Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295
Beverly Hills 131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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Fax: 310-858-1295
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 25631651
List price is $1,550,000 Reduced by $100,000 on 4/17/2026
Beds: 16
Baths: 9
Built in 1962
5,472 sqft
2 stories
0.17 acres
Lot size: 0.1722
County: Los Angeles
Zoning: LARD1.5
Parking description: Carport,Driveway
Heating/cooling: None
MLS area: C16 - Mid Los Angeles

Last Updated: 6/11/2026

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.044192, -118.318599.
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Listing Agent: Coby Chatwin
Co Listing Agent: Andrew Malekie
Lic#: 01276829
Office Name: Beverly Hills

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Ed Solorzano

Ed Solorzano REALTORĀ® - Sales Associate 310-990-6252 m
310-777-2863 o
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com

Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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