1519 Armacost AVE, Los Angeles, CA 90025
1519 Armacost AVE, Los Angeles, CA 90025
1519 Armacost AVE, Los Angeles, CA 90025
1519 Armacost AVE, Los Angeles, CA 90025
1519 Armacost AVE, Los Angeles, CA 90025
1519 Armacost AVE, Los Angeles, CA 90025
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 2,800,000
Est. payment | /mo

7 Beds

12 Baths

5,503 SqFt

Save
$ 2,800,000
Est. payment | /mo
Save

7 Beds

12 Baths

5,503 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 5,503 sqft

Price per Sqft $508

MLS Listing ID 26655427

Bedrooms 7

HOA Y/N No

Year Built 1959

Lot Size 7,004 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 11

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4263034010

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jonathan Taksa Remax Commercial and Investment Realty #01366169

Nearby Locations

Sam Mu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

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1519 Armacost AVE