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Residential Income - 1525 Armacost Avenue, Los Angeles, CA

$2,599,000

1525 Armacost Avenue, Los Angeles, CA

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Description

9-UNIT BUILDING MAKING OVER $200,000/YEAR! Secure a foothold in one of West Los Angeles' most irreplaceable locations with this 9-unit multifamily property, positioned south of Santa Monica Boulevard and conveniently bordered by Bundy and Barrington, which offers exceptional stability and future upside. This well-maintained asset is situated in a neighborhood defined by its affluence and robust tenancy, with the unit composition of two 2BR/2BA units, six 1BR/1BA units, and one Studio appealing directly to the region's dynamic renter demographic. Its proximity to world-class amenities, including Santa Monica State Beach and cultural institutions, ensures sustained, high-quality rental demand, making it an essential addition for the investor seeking predictable income and superior long-term coastal appreciation.

Property details

Year built
1963
Property type
Residential Income
Lot size
7,003 sqft

Location

1525 Armacost Avenue • Los Angeles, CA 90025

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Listed by

Kevin DaSilva · eXp Realty of Greater Los Angeles, Inc.

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