$4,240,000

1351 Armadale Avenue, Los Angeles, CA 90042

  • 11,856 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $358/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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 location, below-market rents, and value-add potential position 1351 Armadale Avenue for continued rental demand, income growth, and long-term appreciation.

Listing Status:
Active
Date Added:
August 20, 2026
Data Last Updated:
August 24, 2026 at 11:08PM
Listing Office:
Matthews Real Estate Investment Services :
Listing Agent:
Daniel Withers : 818-923-6107
MLS ID:
CL26875093
  • Laundry: Common Area
  • Flooring: Wood
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: AssignedOtherPrivate
  • County: Los Angeles
  • Zoning: LAR15474029026

This listing courtesy of Daniel Withers , Matthews Real Estate Investment Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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