West Los Angeles Multifamily
For Sale
Contact for pricing
1519 Armacost Ave, Los Angeles, CA 90025
Professionally managed 11-unit apartment building in prime Westside location.
Property Size5,503 SF
Price / SF$508.81
Days on Market171
Property Features for 1519 Armacost Ave
General Information
Standard status
Active
Size
5,503 SF
Total Parking Spaces
11
Property subtype
Multifamily
Zoning
R3
Occupancy
91%
Building Details
Year Built
1959
Buildings
1
Stories
2
Units
11
Listing Agency:
Taksa Investment Group
(213) 817-1000
Listed By:
Jonathan Taksa · License ## 01366169
Source:
Crexi
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 12 at 1:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taksa Investment Group
Investment Insights
Based on property information with market context.
Located in a prime Westside location of Los Angeles, 1519 Armacost Avenue is an 11-unit apartment building. Constructed in 1959, the property contains a unit mix of five bachelor units, five one-bedroom/one-bath units, and one two-bedroom/two-bath unit. The building is separately metered for gas and electricity. On-site parking and a dedicated on-site laundry room are available. The property is in a centrally located Westside setting, with residents enjoying a walkable lifestyle with close proximity to high-end dining, retail, and nightlife. The property offers potential ADU expansion opportunities. The property size is 5503 square feet.
Key Highlights
- Prime Westside Los Angeles location in a desirable rental submarket.
- Significant rental upside potential through turnover and interior renovations due to below‑market rents.
- Professionally managed and low‑maintenance multifamily asset.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,143
Businesses Nearby
Explore this area
Business Placement
Demographics for 90025, CA
45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Professionally managed 11-unit apartment building in prime Westside location.
Where is this apartment building located?
The property is located at 1519 Armacost Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Prime Westside Los Angeles location in a desirable rental submarket.; Significant rental upside potential through turnover and interior renovations due to below‑market rents.; Professionally managed and low‑maintenance multifamily asset.
