1351 Armadale Avenue, Los Angeles, CA 90042

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1351 Armadale Avenue,Los Angeles, CA 90042
$4,240,000
  • 24 Beds
  • 16 Baths
  • 11,856 sq. ft.
  • Multi-family
  • Active
Listed by: daniel withers
Office: matthews real estate investment services866-889-0550
MLS#:26875093
Source:CRMLS

Price summary

  • Price:$4,240,000
  • Price per sq. ft.:$357.62

About this home

1351 Armadale Avenue is a well-maintained 16-unit apartment community in Highland Park, offering investors an attractive value-add opportunity in one of Los Angeles' most supply-constrained multifamily markets. The property features a balanced unit mix of eight one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, appealing to a broad tenant base and supporting long-term occupancy. Residents also benefit from on-site laundry and 16 parking spaces. Its established operating history and well-maintained interiors and exteriors provide a strong foundation for current income, while limited new apartment development, high replacement costs, and continued housing demand support long-term growth. Located near major employment centers in Downtown Los Angeles, Pasadena, and Glendale, residents enjoy convenient access to Figueroa Street, York Boulevard, Old Pasadena, and Eagle Rock. The property is also near Occidental College, Pasadena City College, and Caltech. Its desirable...

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Home facts

  • Year built:1958
  • Listing ID #:26875093
  • Added:1 day(s) ago
  • Updated:August 21, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:16
  • Flooring:Wood
  • Kitchen Description:Dishwasher, Refrigerator
  • Living area:11,856 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1958
  • Building area:11,856 sq. ft.
  • Lot area:0.39 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$4,240,000
  • Price per sq. ft.:$357.62

Features and amenities

  • Appliances:Dishwasher
  • Pool features:Association, Community, Fenced, In Ground, Pool

Parking

  • Total parking spaces:16
  • Parking description:Assigned, Gated, Private
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