1300 Armacost Avenue, Los Angeles, CA 90025

About this property

1300 Armacost Ave. is an extremely well located 5 unit multi-family property in a prime West LA location or the corner of Texas and Armacost Ave. All five of the units are spacious 1 BR + 1 Bath units. This 5 unit property is a quintessential value-add opportunity with 3 of the 5 units being delivered VACANT. These vacant units allow for new ownership to do whatever renovations they wish to the units and choose their future tenants. The property was originally constructed in 1951 and the total size of the property is approximately 3,640 SqFt. The property sits on a large corner lot of approximately 7,005 SqFt that is Zoned (Q)-LAR3. Towards the rear of the property is a large separate garage structure that could potentially be converted to ADU units. A quick walk to the high-end dining and nightlife on Santa Monica Blvd. & Wilshire Blvd, this rare offering presents an astute investor with the unique opportunity to establish a nice rental footprint in West LA and to capitalize on higher market rents in one of the best rental locations in all of Los Angeles. Vacant units can be shown. Contact listing agent to coordinate a showing of the vacant units.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$1,696,000

Sold September 2023 · listed $1,695,000, on market August 2023 · MLS #23305255 · Source: CRMLS

Listing Agent: Errol Spiro · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Errol Spiro · Miller & Desatnik Realty Co.

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