Search
1320 Armacost Ave, Los Angeles, CA 90025
Image 2 for 1320 Armacost Ave, Los Angeles, CA 90025
Image 3 for 1320 Armacost Ave, Los Angeles, CA 90025
View Photos

1320 Armacost Ave Los Angeles, CA 90025

$3,275,000 Sold Price as of 02/05/2024
  • 13 Beds
  • 10 Baths
  • 7,850 Sq.Ft.
Sold
$3,275,000 Sold Price as of 02/05/2024 Refinance Your Mortgage
Map preview of 1320 Armacost Ave, Los Angeles, CA 90025

Property Overview: 1320 Armacost Ave Los Angeles, CA has 13 bedrooms, 10 bathrooms, 7,850 living square feet and 7,007 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a nine (9) unit apartment building located at 1320 Armacost Avenue in Los Angeles, California. The subject property is located in a prime West Los Angeles location, north of Santa Monica Boulevard and east of Bundy Drive. Built in 1970, this property contains a comprehensive unit mix of one (1) studio / one-bathroom unit, four (4) one-bedroom / one-bathroom units, three (3) two-bedroom / one-bathroom units, and one (1) three-bedroom / two-bathroom unit. Fully parked on-site tuck-under parking is available at the front and rear of the building. The units are large, averaging just under 900 square feet each. Select units feature balcony space overlooking a lovely residential corridor in one of the most upscale markets of Los Angeles. Tenants will love living just down the street from incredible amenities such as Literati Cafe, Sushi Sasabune, Wood Ranch, Q's Restaurant, Blu Jam Cafe, and Target. The area is widely known to attract highly affluent tenants with jobs in tech and media around Silicon Beach. Situated in a prime West Los Angeles location, this is an excellent opportunity for any investor to capitalize on strong rental upside in one of the most affluent markets of Los Angeles.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 7 minutes ago | Last updated: February 6th, 2024 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,007
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23316139
City
Los Angeles
County
Los Angeles
Time on Site
224 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,946
  • Total Rent: $1,946
  • Pro Forma/Market Rent: $2,550
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,417
  • Total Rent: $2,417
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,513
  • Total Rent: $2,513
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.51%
  • Gross Rent Multiplier: 14.76
  • Gross Scheduled Income: --
  • Net Operating Income: $150,965
  • Gross Operating Income: $225,224
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1320 Armacost Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • Has Fireplace
  • Living Room
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Tandem Garage, Uncovered, Covered, Parking Space, Built-In Storage
Lot Information
  • Lot Features: Landscaped
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 9
  • Parcel Number: 4263023024
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: The subject property is located in a prime West Los Angeles location, north of Santa Monica Boulevard and east of Bundy Drive.
View more facts & features

Local Los Angeles Agent

Sale History for 1320 Armacost Ave

Last sold for $3,275,000 on February 5th, 2024

  • February, 2024

  • Feb 5, 2024

    Date

    Sold

    CRMLS: 23316139

    $3,275,000

    Price

  • Sep 28, 2023

    Date

    Active

    CRMLS: 23316139

    $3,350,000

    Price

  • August, 1998

  • Aug 13, 1998

    Date

    Sold (Public Records)

    Public Records

    $819,000

    Price

Show More

Tax History for 1320 Armacost Ave

Assessed Value (2020): $1,174,757
Year Land Value Improved Value Assessed Value
2020 $573,387 $601,370 $1,174,757

Home Value Compared to the Market

This property vs the competition

1320 Armacost Ave sold on February 5, 2024 for 181.51% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $426.75 per/sqft which puts the price per square foot 43.48% lower than the current median sale per square foot for the city of Los Angeles.

About 1320 Armacost Ave

Detailed summary of property

1320 Armacost Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 13 bedrooms, 10 bathrooms, roughly 7,850 living square feet, and sits on an approximately 7,007 square foot lot. 1320 Armacost Ave was first listed on ArdentRealEstateGroup.com on September 28, 2023. The homeowner sold the property for $3,275,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 181.51% higher than the current median priced home. Local homes that are currently for sale include 3610 Westwood Blvd, 3544 Vinton Ave and 3631 Motor Ave. While the average home in Los Angeles, CA is selling in 94 days, 1320 Armacost Ave has a days on market of 26 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1320 Armacost Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1320 Armacost Ave

Public county record property details
Beds
12
Baths
14
Year built
1970
Sq. Ft.
7,850
Lot Size
7,007
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
4263-023-024

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,149,000
Median List Price/Sq.Ft.
$743
Median Sold Price
$1,100,935
Median Sold Price/Sq.Ft.
$698
Total Inventory
108
Median Sale to List Price %
104.95%
Avg Days on Market
32
Loan Type
Conventional (13.64%), FHA (0%), VA (0%), Cash (18.18%), Other (9.09%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1320 Armacost Ave

Nearby Homes for Sale

1256 S Westgate Ave, Los Angeles, CA 90025
$3,300,000
13 Beds
11 Baths
7391 Sq.Ft.
1256 S Westgate Ave
Los Angeles, CA 90025
1234 S Saltair Ave, Los Angeles, CA 90025
$3,655,000
11 Beds
8 Baths
6840 Sq.Ft.
1234 S Saltair Ave
Los Angeles, CA 90025
1561 S Carmelina Ave, Los Angeles, CA 90025
$3,750,000
10 Beds
6 Baths
4710 Sq.Ft.
1561 S Carmelina Ave
Los Angeles, CA 90025
11337 Mississippi Ave, Los Angeles, CA 90025
$3,100,000
6 Beds
4 Baths
3304 Sq.Ft.
11337 Mississippi Ave
Los Angeles, CA 90025
1818 Midvale Ave, Los Angeles, CA 90025
$2,899,999
4 Beds
0 Baths
2473 Sq.Ft.
1818 Midvale Ave
Los Angeles, CA 90025
1833 Benecia Ave, Los Angeles, CA 90025
$3,598,500
7 Beds
8 Baths
4134 Sq.Ft.
1833 Benecia Ave
Los Angeles, CA 90025
12413 Westminster Ave, Los Angeles, CA 90066
$2,700,000
6 Beds
7 Baths
3548 Sq.Ft.
12413 Westminster Ave
Los Angeles, CA 90066
3630 Beethoven St, Los Angeles, CA 90066
$2,975,000
6 Beds
4 Baths
3860 Sq.Ft.
3630 Beethoven St
Los Angeles, CA 90066
3735 Inglewood Blvd, Los Angeles, CA 90066
$3,495,000
12 Beds
10 Baths
6826 Sq.Ft.
3735 Inglewood Blvd
Los Angeles, CA 90066
3758 Inglewood Blvd, Los Angeles, CA 90066
$3,850,000
12 Beds
12 Baths
7552 Sq.Ft.
3758 Inglewood Blvd
Los Angeles, CA 90066
12028 Venice Blvd, Los Angeles, CA 90066
$3,295,000
6 Beds
6 Baths
6194 Sq.Ft.
12028 Venice Blvd
Los Angeles, CA 90066
3344 Keystone Ave, Los Angeles, CA 90034
$3,250,000
10 Beds
11 Baths
7638 Sq.Ft.
3344 Keystone Ave
Los Angeles, CA 90034

Recently Sold Homes Near 1320 Armacost Ave

1300 Armacost Ave, Los Angeles, CA 90025
$1,696,000 Last Sold Price
5 Beds
5 Baths
3640 Sq.Ft.
1300 Armacost Ave
Los Angeles, CA 90025
11953 Rochester Ave, Los Angeles, CA 90025
$2,800,000 Last Sold Price
52 Beds
39 Baths
7603 Sq.Ft.
11953 Rochester Ave
Los Angeles, CA 90025
1230 S Westgate Ave, Los Angeles, CA 90025
$2,076,000 Last Sold Price
42 Beds
21 Baths
5696 Sq.Ft.
1230 S Westgate Ave
Los Angeles, CA 90025
1433 Brockton Ave, Los Angeles, CA 90025
$3,435,000 Last Sold Price
13 Beds
10 Baths
6402 Sq.Ft.
1433 Brockton Ave
Los Angeles, CA 90025

Related Resources to 1320 Armacost Ave

New Listings in 90025
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

Refi Quote