Properties

Los Angeles, CA 90025 1519 Armacost Avenue

1519 Armacost Avenue Los Angeles, CA - Image 11519 Armacost Avenue Los Angeles, CA - Image 21519 Armacost Avenue Los Angeles, CA - Image 3
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Presented By: Jonathan Taksa with Remax Commercial and Investment Realty;
  • MLS# 26655427
  • 02/23/2026
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  • Beds • 7
  • Baths • 5
  • SQFT • 5,503

Home Details

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.
Presented By: Jonathan Taksa with Remax Commercial and Investment Realty;

Interior Features for 1519 Armacost Avenue

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 1519 Armacost Avenue

Additional Parcels Y/NNo
Cap Rate5.65
CityLos Angeles
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsJust South of Santa Monica Blvd., in prime West LA.
Full Baths
Gross Income252384
HOANo
HeatingWall Furnace
LevelsOne
Living Area5503
Lot Size Square Feet7003
Lot Size UnitsSquare Feet
MLS AreaWLA - West Los Angeles
Net Operating Income158279
New ConstructionNo
Number Of Units Total11
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1959
ZoningLAR3

Exterior for 1519 Armacost Avenue

Building Area Total5503
Lot Dimensions50x140
Lot Size Acres0.1608
Lot Size Area7003
Number of Buildings1
Parking FeaturesAssigned
Total Parking11

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,800,000
MLS#26655427
List Date 02/23/2026
Property Type Multi-Family
Phone 888.795.6274
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2170 Buckthorne PL. #100
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