Asking Price: $2,000,000 | ​​​​​​​

Welcome to 1541 2nd Ave a charming 8 unit apartment building , featuring "Traditional" design architecture in the well established "Arlington Heights" area with in the City of Los Angeles. Nestled amidst large estate type single family along with multi-units inter-mixed where zoning permits. Situated on a lot of 7501 sf 13-bedrooms, 12-baths built in 1940's with only 3 long term tenants with rents below market due to long term tenancy will be sold as-is with tenants. Apartment complex consists of (4) 1 bedroom 1 bath units,(3) 2 bedroom 2 bath units, 1 (3) bedroom 2 bath unit in good overall condition. Seller is motivated ,has already closed on the up-leg property, in the process of completing bottom leg of 1031 exchange. 9 carport parking plus 2 open, with a automatic security gate. Each unit has a washer in the kitchen. 1 central dryer on the first floor. Wall heating for each unit.