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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.
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
Monthly Cost Estimate
$14,975/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1519 Armacost Ave
Los Angeles, CA 90025
Property Details
Parking
Cooling
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.








