$1,600,000
0.17 Acre Lot

1522 2nd Avenue, Los Angeles, California 90019

  • Residential Income Property Type
  • 1908 Year Built
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 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!

Basic Details
Residential Income
For Sale
SR25111199
$1,600,000
Neighborhood
1908
0.17 Acre
Active
1
Quadruplex
Features
: None
: None
: None
3.0
: None
: Public Sewer
: Cable Available, Electricity Available, Sewer Available, Water Available, Natural Gas Available, Phone Available
: Double Pane Windows
$0
Address Map
CA
Los Angeles
Los Angeles
90019
2nd
1522
Avenue
Arlington Ave. & Venice Blvd.
C16 - Mid Los Angeles
LARD1.5
Additional Information
$0
$0
$0
$0
$0
3452
: Sidewalks, Street Lights, Curbs
1
2.0
: Two
: 2-5 Units/Acre
5
2025-05-26
2
2
: Public
Broker/Agent Information
Luxury Collective
Chris Cardoza
Listing Information
Arthur Chalekian
G165113748
G8599
Luxury Collective
SR207066665
SR0261900
Cash,Cash to New Loan,Conventional,1031 Exchange,FHA 203(k),FHA,Fannie Mae,Submit
Active
2025-06-21T23:05:41Z
CRMLS
: Standard
2025-05-26T00:31:01Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069