REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,550,000
Est. payment | /mo
5,472 SqFt
$ 1,550,000
Est. payment | /mo
5,472 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,472 sqft
Price per Sqft $283
MLS Listing ID CL25631651
HOA Y/N No
Year Built 1962
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 5072034016
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Coby Chatwin • Link Brokerages
Nearby Locations
9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States