Property
Listing Agent: Jonathan Taksa (DRE #01366169) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Robert Renshaw · REMAX COMMERCIAL & INVESTMENT REALTY · MLS #26655427 · Source: CRMLS
1519 Armacost Avenue sold for $2,645,000 in July 2026, 5.5% under its $2,800,000 list price, after 102 days on the market. That works out to $481 per square foot on 5,503 square feet. Across 140 closed sales in 90025 over the last 12 months, the median sold price is $1,130,000 and the median is $688 per square foot, 43% above this sale's $481.
| Quarter | Closed sales in 90025 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $1,117,000 |
| Q2 2026 | 73 | $999,000 |
| Q3 2026 | 55 | $1,275,000 |
| Q4 2026 | 4 | $1,193,900 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90025
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.
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 90025, nearest first, last 12 months. All recent sales in Los Angeles →