Prevu by reAlpha
BuySellBlogBrowse Listings

1519 Armacost AvenueLos Angeles, CA 90025

For Sale

$2,800,000

Smart Buyer Rebate $28,000

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.

Listed by Jonathan Taksa

·

License #01366169

·

Remax Commercial and Investment Realty

·

424-672-8220

Last updated March 03, 2026

·

Source: CRMLS #26655427

Listing Facts

  • TypeMulti-family
  • NeighborhoodPacific Farms
  • Bedrooms7
  • Days on Prevu22
  • Size5,503 sqft
  • Price per sqft$509

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/23/2026
Listed by Remax Commercial and Investment Realty
$2,800,000

Property Details for 1519 Armacost Avenue

Exterior

Construction

  • Number Of Units Total: 11
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1959

Measurements

  • Building Area Total: 5,503
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,003
  • Lot Size Dimensions: 50,140
  • Lot Size Square Feet: 7,003
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.65
  • Gross Income: $252,384.00

Taxes

  • Parcel Number: 4263034010

Interior

Measurements

  • Living Area: 5,503
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 12
  • Bedrooms Total: 7

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 11

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 7 bedrooms in this multi-family home at 1519 Armacost Avenue.

Does this multi-family home have parking?

Yes, there are 11 parking spaces available for 1519 Armacost Avenue.

How does 1519 Armacost Avenue compare to other multi-family homes in Pacific Farms?

This multi-family home is listed 26% below the average price for multi-family homes in Pacific Farms and has been on the market for 14 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,503 sqft.

1519 Armacost Avenue is a 7-bedroom multi-family home for sale in Los Angeles CA 90025. Available on Prevu for 22 days at $2,800,000. This home features 5,503 square feet of living space, located in Pacific Farms. The median listing price for multi-family homes in this area is $1,275,000. Additional amenities include parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.