1522 2nd Avenue

Los Angeles, CA90019


| 3452 sqft | MLS# SR25111199

Tract:



For Sale $1,600,000

contact: Monica Ruggieri : 949.300.8600

Description

Exciting Investment Opportunity in Prime Arlington Heights – Welcome to the Heart of Mid-City Living! Unlock the potential of this four-unit income property in the red-hot Arlington Heights neighborhood of Mid-City, Los Angeles! Featuring a dynamic unit mix—two spacious 3-bed/2-bath units and three cozy singles (1 non-conforming)—this property is packed with potential and primed for growth. Whether you’re looking to renovate, reposition, or expand, this is your golden ticket to passive income in one of L.A.’s most strategically located neighborhoods. Sitting on a generous 7,502 sq ft lot, with 3,452 sq ft of living space, this gem includes three detached garages—perfect candidates for ADU conversions (subject to city approval). The existing units boast high ceilings, large windows, open floor plans, and charming period details that blend old-world character with modern-day appeal. This setup offers much larger-than-average square footage compared to newer builds—an undeniable value-add in today’s rental market. And let’s talk location—Mid-City/Arlington Heights (90019) is where it’s at! You’re just minutes from The Grove, LACMA, La Brea Tar Pits, and Runyon Canyon. Plus, with top-rated schools like Pio Pico Middle School and Los Angeles Senior High nearby, it’s an ideal setting for families and professionals alike. This diverse, vibrant community is filled with eclectic dining options, rich cultural landmarks, and easy access to Downtown LA, Koreatown, and the Westside. Whether you’re an investor chasing upside potential or a developer with vision, this property delivers the perfect blend of charm, location, and opportunity. Don’t miss out on one of the most exciting multifamily offerings in the area!

Facts

| Built in 1908 | Lot Size: 7502.00 sqft | HOA Dues: $0/month

Features

Listing provided by Chris Cardoza, Luxury Collective

Based on information from California Regional Multiple Listing Service, Inc. as of June 21, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.