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1300 Armacost Avenue

Los Angeles, CA 90025

$1,696,000 Sale Price
Est. Payment: $ 0/mo
5
Bed
0
Bath
3,640 Sq. Ft.
$466 / Sq. Ft.
Sold

1300 Armacost Avenue

Los Angeles, CA 90025

Sold
$1,696,000 Sale Price
$0/mo
5
Bed
0
Bath
3,640
Sq. Ft.
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.
PROPERTY INFORMATION
MLS # 23305255 Lot Size 7,005 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,695,000
Price Per SqFt: $ 466
DOM 613 Days
Address 1300 Armacost Avenue Type Residential Income
City Los Angeles Sq.Ft. 3,640 Sq. Ft.
Postal Code 90025 Garage N/A
County Los Angeles Year Built 1951
Bed / Bath 5 / 0 Parking 5
Built In 1951 Status Closed
Sold Date 2023-09-12
INTERIOR FEATURES
Has Heating No
Heating Information None
Has Cooling No
Cooling Information None
EXTERIOR FEATURES
WALKSCORE
  Walk Score: 85 (Very Walkable)
  Transit Score: 64 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,808
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
09/12/2023 Sold $1,696,000
08/29/2023 Sold $1,695,000
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Listing provided courtesy of Errol Spiro, Miller & Desatnik Realty Co.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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