The associate KΛ(1520) photon and hadronic production in the γp → K + Λ(1520), pp → pK + Λ(1520) and π − p → K 0 Λ(1520) reactions are investigated within the effective Lagrangian approach and the isobar model. We are interested in the contribution from the N * (2120) (previously called N * (2080)) resonance, which has a significant coupling to the KΛ(1520) channel. The theoretical results show that the current experimental data for the γp → K + Λ(1520) reaction favor the existence of the N * (2120) resonance, and that these measurements can be used to further constrain its properties. We present results, including the N * (2120) contribution, for total cross sections of the γp → K + Λ(1520), π − p → K 0 Λ(1520), and pp → pK + Λ(1520) reactions. For this latter one, we also calculate invariant mass and Dalitz plot distributions.