1542 2nd Avenue
Los Angeles, CA 90019
16
Bed
0
Bath
5,472Sqft
7,501Sqft(Lot)
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 stree
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 16Bathroom Information
Total Baths: 9 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air Conditioning
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Building Information
Year Built: 1962 Building Area Total: 5,472
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1722 -
Lot Size Source: Assessor Lot Size Square Feet: 7501
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Listing Price Information
Original List Price: 1,550,000 Listing Contract Date: 2025-12-30 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5072034016
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Garage and Parking
Garage Description: Carport,DrivewayHomeowners Association
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Other Property Info
Source Listing Status: Active Under Contract Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 4540 Directions: North of Venice Blvd, West of Arlington Ave. Zoning: LARD1.5 Source Property Type: Residential Income Area: C16 - Mid Los Angeles -
Building and Construction
Property Age: 64 Year Built Source: Other Total Square Feet Living: 5472 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1117 S Manhattan Place, Los Angeles, CA, 90019 | $1,399,000 | 4 | 2 | 1,807 | 1,807 SqFt |
| 1044 S St Andrews Place, Los Angeles, CA, 90019 | $1,490,000 | 5 | 3 | 2,133 | 2,133 SqFt |
| 1254 S Manhattan, Los Angeles, CA, 90019 | $1,790,000 | 6 | 3 | 3,024 | 3,024 SqFt |
| 941 S Gramercy Place, Los Angeles, CA, 90019 | $2,695,000 | 12 | -- | 7,360 | 7,360 SqFt |
| 1415 S Manhattan Place, Los Angeles, CA, 90019 | $2,280,000 | 9 | 5 | 7,512 | 7,512 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $2,799,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $1,925,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1070 S Wilton Place, Los Angeles, CA, 90019 | $2,300,000 | 4 | 2 | 3,190 | 3,190 SqFt |
| 1023 S Wilton Place, Los Angeles, CA, 90019 | $1,425,000 | 7 | 7 | 2,660 | 2,660 SqFt |
| 1220 S Wilton Place, Los Angeles, CA, 90019 | $1,765,000 | 4 | 1 | 3,382 | 3,382 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 17:11
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