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2608 Armacost Ave, Los Angeles, CA 90064
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2608 Armacost Ave Los Angeles, CA 90064

$1,698,000
  • 5 Beds
  • 3 Baths
  • 2,011 Sq.Ft.
For Sale
$1,698,000 Get Pre-Qualified
Map preview of 2608 Armacost Ave, Los Angeles, CA 90064

Property Overview: 2608 Armacost Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,011 living square feet and 6,362 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Here is an excellent investor/owner user/rental income triplex property located off Ocean Park Blvd bordering Santa Monica. This corner lot property has a separate standing front house that faces Ocean Park Blvd. - 3 Bedrooms, One Bath. (Note 3rd Bedroom in house converted garage - permit status unknown) Laminate flooring throughout the house, lots of natural light. Nice size gated private backyard separates 2nd Building which consists of two upper one bedroom, one bath units over 4 one-car garages. Garages offer additional rental income or ADU potential. Close by 10 Fwy access, schools, shopping and coffee shops/restaurants. This wonderful Santa Monica adjacent property offers a great upside potential or buy as is for immediate rental income. Sold As Is, Fully Tenant occupied, month to month leases. Seller will assist with concession for tenant relocation fees.

Listed by Thomas Hickey | BRE #01312830 | Thomas Hickey
Last checked: 15 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 68

Home details

Lot Sq. Ft
6,362
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24415005
City
Los Angeles
County
Los Angeles
Time on Site
67 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,756
  • Total Rent: $2,756
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,080
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,160
  • Total Rent: $1,160
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.83
  • Gross Scheduled Income: --
  • Net Operating Income: $74,040
  • Gross Operating Income: $6,460
Annual Expense Breakdown
  • Total Operating Expense: --
  • Gardener: $1,080
  • Water/Sewer: $2,400

Open Houses for 2608 Armacost Ave

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Property Details for 2608 Armacost Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Laminate, Carpet
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
  • Rain Gutters
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Private
Lot Information
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Courtyard, Park/Greenbelt
  • Total # of Units: 3
  • Parcel Number: 4257007041
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Official address in public records is 2608 Armacast Ave. LA 90064. One block east of Bundy off of Ocean Park Blvd. House address for mail purposes only is 11920 Ocean Park Blvd. Corner of Armacost and Ocean Park Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 2608 Armacost Ave

Last sold for $230,000 on December 7th, 1995

  • July, 2024

  • Jul 13, 2024

    Date

    Active

    CRMLS: 24415005

    $1,698,000

    Price

  • August, 2023

  • Aug 19, 2023

    Date

    Expired

    CRMLS: SB23003038

    $1,700,000

    Price

  • Jan 20, 2023

    Date

    Active

    CRMLS: SB23003038

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to own in popular Ocean Park neighborhood. This triplex features one 3bd/1ba single family home and two 1bd/1ba units on the southern end of the property. The single family home features updated hardwood floors, lots of natural light, and a laundry area. A sizable, private yard with updated fencing sits in between the single family home and the two units on the southern end of the property. The structure on the southern end of the property features two stories. The bottom floor has a storage space as well as two separate side-by-side two-car garages which both have over 400 sq ft of space. There is plenty of room to park two cars in each garage and store additional items. The top floor features both 1bd/1ba units. The western-sitting unit on the top floor has upgraded living room floors. This property is located in an amazing west side location! Close to schools, shopping, dining, boutiques, coffee shops, Whole Foods, and Santa Monica

  • December, 1995

  • Dec 7, 1995

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

Show More

Tax History for 2608 Armacost Ave

Assessed Value (2020): $246,577
Year Land Value Improved Value Assessed Value
2020 $158,187 $88,390 $246,577

Home Value Compared to the Market

This property vs the competition

2608 Armacost Ave is listed 41.5% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $844.36 per/sqft which puts the price per square foot 9.94% higher than the median price per square foot for the city of Los Angeles.

About 2608 Armacost Ave

Detailed summary of property

2608 Armacost Ave is a multi family located in Los Angeles, CA 90064 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 2,011 living square feet, and sits on an approximately 6,362 square foot lot. 2608 Armacost Ave was first listed on ArdentRealEstateGroup.com on July 14, 2024. The homeowner is currently asking $1,698,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 41.5% higher than the median priced home. Local competing homes currently for sale include 4019 Mclaughlin Ave, 12000 Sylvester St and 4228 Campbell Dr. While the average home in Los Angeles, CA is selling in 106 days, 2608 Armacost Ave has a days on market of 68 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2608 Armacost Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2608 Armacost Ave

Public county record property details
Beds
4
Baths
3
Year built
1954
Sq. Ft.
2,011
Lot Size
6,364
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
167
APN
4257-007-041

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,949,000
Median List Price/Sq.Ft.
$1,011
Median Sold Price
$1,530,000
Median Sold Price/Sq.Ft.
$1,087
Total Inventory
76
Median Sale to List Price %
95.92%
Avg Days on Market
49
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (8.33%), Other (0%)

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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.

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