Los Angeles, CA 90025 1525 Armacost Avenue
$3,590,000
9 more
Presented By: Kevin DaSilva with eXp Realty of Greater Los Angeles, Inc.; 424.392.4213
Beds • 1
Baths • 1
SQFT • 6,985
Garage • 16
Year Built • 1963
Home Details
THRIVING WEST LA INCOME NEST! Discover a fantastic 9-unit residential income property nestled in a prime West Los Angeles locale. Situated south of Santa Monica Blvd, between the desirable Bundy and Barrington corridors, this property presents a superb investment in a dynamic coastal environment. The building features a well-rounded mix of two 2-bedroom/2-bathroom units, a convenient studio, and six comfortable 1-bedroom/1-bathroom apartments. Residents will appreciate the easy access to a variety of local attractions, including five parks, such as the serene escapes of Mathias Botanical Garden and the coastal charm of Santa Monica State Beach. Envision the stable income and long-term appreciation in this highly sought-after West LA community. Come see the potential; stay to reap the rewards of this prime investment!
Presented By: Kevin DaSilva with eXp Realty of Greater Los Angeles, Inc.; 424.392.4213
Interior Features for 1525 Armacost Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea, Inside
Total Stories2
Other Rooms
Entry Level1
General for 1525 Armacost Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NYes
CityLos Angeles
Community FeaturesBiking, Curbs, DogPark, Golf, Gutters, Hiking, HorseTrails, NearNationalForest, Park, StormDrains, StreetLights, Sidewalks, Urban
CoolingNone
CountyLos Angeles
DirectionsSouth of Santa Monica Blvd between Bundy and Barrington
ElectricElectricityOnProperty, Standard
Electric On Property Y/NNo
Entry Locationfront south
Expected Active Date 2025-04-25
Garage Spaces16.0
Garage Y/NYes
Gross Income195975.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense9000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional, FHA
Lot Size Square Feet7003.0
Lot Size UnitsSquareFeet
MLS AreaWLA - West Los Angeles
MobileHomeRemainsYNNo
Net Operating Income129883.0
New ConstructionNo
Number Of Units Total9
Open Parking Spaces4.0
Operating Expense66092.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot6
Taxes$45,878
Trash Expense3240.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Water Sewer Expense4134.0
Year Built1963
Year Built SourceAssessor
ZoningLAR3
Exterior for 1525 Armacost Avenue
Building Area Total6985.0
Crops Included Y/NNo
Horse Amenities RidingTrail
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, NearPublicTransit, RectangularLot
Lot Size Acres0.1608
Lot Size Area7003.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Carport, Driveway, GarageFacesFront, Garage
Private PoolNo
SpaNo
Total Parking20.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$3,590,000
MLS#SB25082895
List Date
04/17/2025
Property Type
Multi-Family
Phone
(562) 537-4182
