1522 2nd Avenue Active

Los Angeles,CA 90019

$ 1600000

6 Beds

6 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25111199

Bedrooms 6

Lot Size 7,502 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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 mixtwo spacious 3-bed/2-bath units and three cozy singles (1 non-conforming)this property is packed with potential and primed for growth. Whether youre 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 garagesperfect 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 buildsan undeniable value-add in todays rental market. And lets talk locationMid-City/Arlington Heights (90019) is where its at! Youre 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, its 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 youre an investor chasing upside potential or a developer with vision, this property delivers the perfect blen
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 mixtwo spacious 3-bed/2-bath units and three cozy singles (1 non-conforming)this property is packed with potential and primed for growth. Whether youre 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 garagesperfect 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 buildsan undeniable value-add in todays rental market. And lets talk locationMid-City/Arlington Heights (90019) is where its at! Youre 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, its 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 youre an investor chasing upside potential or a developer with vision, this property delivers the perfect blend of charm, location, and opportunity. Dont miss out on one of the most exciting multifamily offerings in the area!

Location

State CA

County Los Angeles

Area Los Angeles (90019)

Zoning Assessor

Building

Lot Description Curbs,Sidewalks

Story 2

Others

Acceptable Financing Cash,Conventional,Exchange,FHA

Space Rent $2,300

Listing Terms Cash,Conventional,Exchange,FHA

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