Pending

1519 Armacost Avenue

Los Angeles, CA 90025
Mark as Favorite
Bed 7

Bed

Bath 0

Bath

SqFt5,503

Sqft

SqFt7,003

Sqft(Lot)

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 lim iting 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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Detail Ic Property Details

Property Type : Residential Income

Price : $2,800,000

AD Id : 75566051

MLS Id : 26655427

Beds : 7

Lot Size : 7,003 Sqft

Living Area Size : 5,503

Year Built : 1959

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 7

    Bathroom Information

    Total Baths: 12 Full Baths: 0 Half Baths: 0
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1959 Building Area Total: 5,503

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1608 Lot Size Dimensions: 50x140
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7003

  • Listing Price Information

    Original List Price: 2,800,000 Listing Contract Date: 2026-02-23
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4263034010

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: WLA - West Los Angeles Directions: Just South of Santa Monica Blvd., in prime West LA. Zoning: LAR3 Source Property Type: Residential Income Area: WLA - West Los Angeles
  • Building and Construction

    Property Age: 67 Year Built Source: Vendor Enhanced Total Square Feet Living: 5503 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

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1900 Holmby Avenue, Los Angeles, CA, 90025 $1,875,000 2 2 --
2032 Holmby Avenue, Los Angeles, CA, 90025 $2,295,000 3 2 1,602 1,602 SqFt
1964 Thayer Avenue, Los Angeles, CA, 90025 $5,199,000 5 5 4,559 4,559 SqFt
2138 Holmby Avenue, Los Angeles, CA, 90025 $1,995,000 2 1 1,095 1,095 SqFt
1934 Fairburn Avenue, Los Angeles, CA, 90025 $2,700,000 4 2 2,000 2,000 SqFt
1946 Westholme Avenue, Los Angeles, CA, 90025 $4,395,000 5 4 4,204 4,204 SqFt
2125 Selby Avenue, Los Angeles, CA, 90025 $1,195,000 2 1 852 852 SqFt
1916 Veteran Ave, Los Angeles, CA, 90025 $1,795,000 2 1 1,250 1,250 SqFt

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ByOwner last updated this listing 06/20/2026 @ 02:59

MLS: 26655427 LISTED BY: Jonathan Taksa, Remax Commercial and Investment Realty 213-817-1000 SOURCE: CRMLS

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