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About This Home

This 7-bedroom, 12-bathroom residential multi family at 1519 Armacost Ave in Los Angeles, CA is listed for $2,800,000 ($509 per sqft). Built in 1959, the home offers 5,503 sqft of living space on a 0.16 acres lot.

Agent Description

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.

Key Features

  • Built in 1959
  • 0.16 acre lot
  • 2 stories
  • 11 parking spaces

Property Details

2 stories
4 full
11 spaces
1959

Monthly Cost Estimate

$14,975/mo

20% down · 6.5% · 30 years

Principal$2,025
Interest$12,133
Insurance$817

Estimates only. Actual payments may vary.

Location

1519 Armacost Ave

Los Angeles, CA 90025

Property Details

Parking

Assigned

Cooling

Wall/Window Unit(s)

Questions & Answers

This 7-bedroom, 12-bathroom residential multi family at 1519 Armacost Ave is listed at $2,800,000 ($509/sqft). The estimated monthly payment is $12,133 based on 20% down at 6.5% interest.

Key features include: Built in 1959, 0.16 acre lot, 2 stories, 11 parking spaces.

This property is listed by Jonathan Taksa and can be reached at 3109685303 or jon@taksainvestment.com.

JT

Jonathan Taksa

Agent at Remax Commercial and Investment Realty

(310) 968-5303

Listed by Remax Commercial and Investment Realty

MLS# 26655427· Source: listhub· Updated 46 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1519 Armacost Ave, Los Angeles, CA 90025

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