1525 Armacost Avenue, Los Angeles, CA 90025
- $2,750,000
- List Price
- $2,750,000
- Status
- ACTIVE
- MLS#
- SB26172234
- Year Built
- 1963
- Lot Size
- 7,003
- Acres
- 0.16
- Lot Location
- 0-1 Unit/Acre, Near Public Transit, Rectangular Lot
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
9-UNITS WITH UPSIDE POTENTIAL! 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.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 16
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $210,360
- Operating Expense
- 52664
Listing courtesy of Listing Agent: Kevin DaSilva (kevin@kmdlosangeles.com) from Listing Office: eXp Realty of Greater Los Angeles, Inc..
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