1519 Armacost Avenue, Los Angeles, CA 90025
Local realty services provided by:ERA North Orange County Real Estate
1519 Armacost Avenue,Los Angeles, CA 90025
$2,800,000
- 7 Beds
- 12 Baths
- 5,503 sq. ft.
- Multi-family
- Active
Listed by: jonathan taksa
Office: remax commercial and investment realty
MLS#:26655427
Source:CRMLS
Price summary
- Price:$2,800,000
- Price per sq. ft.:$508.81
About this home
We are pleased to present 1519 Armacost Avenue, an 11-unit apartment building located in a prime Westside location of Los Angeles. 1519 Armacost Avenue offers investors the rare opportunity to acquire a professionally managed, low-maintenance multifamily asset in one of the most desirable rental submarkets on the Westside. Offered for the first time in decades, the property reflects long-term ownership, pride of management, and stable operations. Built in 1959, the property features a well-balanced and highly functional unit mix consisting of five bachelor units, five one-bedroom / one-bath units, and one two-bedroom / two-bath unit, appealing to a broad West Los Angeles renter demographic. The building is separately metered for gas and electricity, enhancing operational efficiency and limiting owner expense exposure. The property offers on-site parking and a dedicated on-site laundry room, both valuable amenities in this centrally located Westside setting. Residents enjoy a walkable lifestyle with close proximity to high-end dining, retail, and nightlife, reinforcing consistent rental demand.With current rents below market, the property presents significant rental upside through turnover and interior renovations. Additionally, the site offers potential ADU expansion opportunities (Buyer to verify), providing future flexibility and optionality for the next owner. This offering represents a compelling opportunity to acquire a stable Westside asset with long-term income growth and upside potential....
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Home facts
- Year built:1959
- Listing ID #:26655427
- Added:16 day(s) ago
- Updated:March 06, 2026 at 11:29 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:12
- Living area:5,503 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1959
- Building area:5,503 sq. ft.
- Lot area:0.16 Acres
- Levels:1 Story
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$508.81
Parking
- Total parking spaces:11
- Parking description:Assigned
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