$2,800,000

1519 Armacost Avenue, Los Angeles, CA 90025

  • 5,503 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $509/sqft
  • Property List Date Icon Listed 1 month ago

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 opportunitie

Listing Status:
Active
Date Added:
February 23, 2026
Data Last Updated:
April 2, 2026 at 3:08AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Jonathan Taksa : 424-672-8220
MLS ID:
CL26655427
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: Assigned
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR34263034010
  • Source: CRMLS

This listing courtesy of Jonathan Taksa , Remax Commercial and Investment Realty

Monthly Payment

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

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Location

Schools Nearby

B

Brockton Avenue Elementary

1309 Armacost Ave, Los Angeles, CA, 90025

Grades KG-5

0.28 miles away

D

Daniel Webster Middle School

11330 Graham Pl, Los Angeles, CA, 90064

Grades 6-8

1.62 miles away

U

University High School Charter

11800 Texas Ave, Los Angeles, CA, 90025

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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