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1519 Armacost Ave
Los Angeles, CA 90025 West Los Angeles

$2,800,000 USD

Apartments For Sale  •  5,503 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,503 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1959
  • Cap Rate 5.65 %
  • Zoning R3, Los Angeles
64 Transit Score
92 Walk Score

Highlights

11-Unit Apartment Building Located in Prime West Los Angeles
Built in 1959 – Proven, Timeless Construction with Strong, Durable West Los Angeles Rental Demand
Excellent Unit Mix and Significant Rental Upside
Professionally Managed, Easy-to-Operate Asset
Potential ADU Development (Buyer to Verify)
In Close Proximity to Dining, Retail, and Nightlife

Financial Summary (Proforma)

Net Operating Income: $158,279 USD (2026)
Cap Rate: 5.65 %
Total Expenses: $90,756 USD

Public Transportation

Transit/SubwayDriveWalkDistance
Expo/Bundy (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 17 min - 9.9 mi
Bob Hope 28 min - 18.5 mi
Long Beach (Daugherty Field) 36 min - 27.4 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 11
Type: Reserved
Included in Rent: Yes
Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty
Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty