Quintessential Value Add Opp. - Prime West LA 1525 Armacost Ave 9 Unit Apartment Building $2,980,000 ($331,111/Unit) Los Angeles, CA 90025

Located in a highly sought-after pocket of Los Angeles’s Westside, 1525 Armacost Avenue presents a rare opportunity to acquire a well-maintained 9-unit apartment community in one of the most desirable rental markets in Southern California. A quintessential value-add opportunity offered for the first time in over 20 years, this asset combines classic mid-century character with strong in-place income and meaningful upside potential.
Built in 1963, this boutique property features an attractive unit mix consisting of one (1) studio, six (6) one-bedroom/one-bath units, and two (2) spacious two-bedroom/two-bath units—appealing to a broad tenant base ranging from young professionals to small families. The building showcases classic mid-century architecture and benefits from ample on-site parking, a secured intercom entry system, and a convenient on-site laundry facility.
Importantly, all required soft-story seismic retrofit work has been completed, providing investors with peace of mind and eliminating a major future capital expense.
Positioned just minutes from Santa Monica and Century City, the property enjoys exceptional proximity to some of the Westside’s most dynamic employment hubs and lifestyle amenities. Residents benefit from easy access to world-class retail destinations such as Westfield Century City, as well as the vibrant dining, entertainment, and coastal attractions that define the Santa Monica lifestyle.
The surrounding neighborhood is characterized by tree-lined streets, a strong sense of community, and continued demand driven by proximity to major tech, entertainment, and creative employers across the Westside. With convenient access to the I-10 and I-405 freeways, tenants enjoy connectivity to the greater Los Angeles area while still benefiting from a quiet, residential setting.
The property offers significant rental upside, presenting investors with the opportunity to reposition units over time and capture substantial increases in income in a supply-constrained submarket.
1525 Armacost Avenue represents a compelling blend of location, stability, and long-term growth potential—an ideal acquisition for investors seeking a foothold in one of Los Angeles’ most resilient and high-demand rental corridors.