$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 Icon7,004sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $509/sqft
  • Property List Date Icon Listed 2 months 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 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.

Listing Status:
Active
Date Added:
February 23, 2026
Data Last Updated:
May 20, 2026 at 7:06AM
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
  • County: Los Angeles
  • Zoning: LAR34263034010

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

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