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For sale
  • Listing Provided by: 

    Chris Cardoza DRE #02079440 818-585-1978,

    Luxury Collective,

    Arthur Chalekian DRE #01982432,

    Luxury Collective

    $1,600,000

    1522 2nd Ave, Los Angeles, CA 90019

    6beds
    7baths
    3,452sqft
    : 
    Quadruplex
    Built in 1908
    -- sqft lot
    $1,521,900 Zestimate®
    $463/sqft
    $-- HOA

    What's special

    Charming period detailsLarge windowsThree detached garagesHigh ceilingsOpen floor plans
    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!
    72 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: June 21, 2025 at 04:05pm

    Listing Provided by:

    Chris Cardoza DRE #02079440 818-585-1978,

    Luxury Collective,

    Arthur Chalekian DRE #01982432,

    Luxury Collective

    Source: CRMLS,MLS#: SR25111199MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    Rooms
    • Room types: Kitchen, Living Room
    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Windows: Double Pane Windows
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,452
    • Total interior livable area: 3,452 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage, Carport
    • Garage spaces: 2
    • Carport spaces: 3
    • Covered spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,502 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5072034019
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    • Security: Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $463/sqft
    • Tax assessed value: $1,090,205
    • Annual tax amount: $13,696
    • Date on market: 5/26/2025
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA 203(k),FHA,Fannie Mae,Submit
    • Total actual rent: 7800
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