$1,550,000
-$100,0001542 2nd Avenue, Los Angeles CA 90019
Multi-Family (8 Units)
Property type
157 days
On market
$283
Price per sqft
N/A
Garage
1962
Year built
7,501 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Coby Chatwin DRE #01998822 310-743-3908, Link Brokerages, Andrew Malekie DRE #02153774 424-312-9552, Link Brokerages
Listing updated: Apr 17, 2026 at 07:42pm.
Last checked: Jun 4, 2026 at 09:01pm
Source: CRMLS #25631651
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,203 | $1,203 | $1,800 | Unfurnished |
| 6 | 2 | 1 | — | $1,387 | $8,324 | $12,000 | Unfurnished |
| 1 | 3 | 2 | — | $1,928 | $1,928 | $2,700 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Financial Snapshot
Gross Rent Multiplier
11.3x
List Price / Annual Gross Rent
Cap Rate
5.59%
NOI / List Price
Net Operating Income: $93,400
Interior
Cooling: None
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Carport, Driveway
Uncovered Spaces: 2
Parking Total: 8
Lot Information
Land Lease: No
Parcel #: 5072034016
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1542 2nd Avenue, Los Angeles, CA 90019. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,240,000
Total Interest
$1,581,552
Total Payment
$2,821,552
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,602
per month
Property History for 1542 2nd Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90019.
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