  The reaction $ep \to e'K^+\Lambda(1520)$ with $\Lambda(1520) \to p'K^-$ was
studied at electron beam energies of 4.05, 4.25, and 4.46 GeV, using the CLAS
detector at the Thomas Jefferson National Accelerator Facility. The
cos$\theta_{K^+}$, $\phi_{K^+}$, $Q^2$, and $W$ dependencies of $\Lambda$(1520)
electroproduction are presented for the kinematic region 0.9 $<$ $Q^2$ $<$ 2.4
GeV$^2$ and 1.95 $<$ $W$ $<$ 2.65 GeV. Also, the $Q^2$ dependence of the
$\Lambda$(1520) decay angular distribution is presented for the first time. The
cos$\theta_{K^+}$ angular distributions suggest {\it t}-channel diagrams
dominate the production process. Fits to the $\Lambda$(1520) {\it t}-channel
helicity frame decay angular distributions indicate the $m_{z}=\pm{1/2}$
parentage accounts for about 60% of the total yield, which suggests this
reaction has a significant contribution from {\it t}-channel processes with
either K$^+$ exchange or longitudinal coupling to an exchanged K$^*$. The $Q^2$
dependence of the $\Lambda$(1520) production cross section is the same as that
observed for $\Lambda$(1116) photo- and electroproduction.
