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13-Units in Prime West LA 1218 Armacost Ave 13 Unité Immeuble d’appartements 5 894 144 $ CAD (453 396 $ CAD/Unité) 4,20% Taux de capitalisation Los Angeles, CA 90025



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Faits saillants de l'investissement
- Highly desirable West Los Angeles neighborhood with strong rental demand and proximity to Santa Monica, Brentwood, and Century City
- Upgraded electrical systems and separately metered gas and electric reduce owner operating expenses and simplify utility management
- The property features 12 on-site parking spaces and a shared laundry facility, covering the key amenities renters prioritize
- Blocks from Sawtelle Japantown and minutes to UCLA and Westwood Village — two of the Westside's strongest tenant demand drivers
- Quality landscaping and solid curb appeal enhance tenant retention and overall property presentation
- First time on the market in over 24 years
Résumé de l'annonce
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale Armacost Palms, a 13-unit apartment community located at 1218 Armacost Avenue in the heart of West Los Angeles. This two-story, 6,511-square-foot building sits on a generous 10,479-square-foot lot, offering strong density and future flexibility.
The property features a unit mix of twelve one-bedroom/one-bath and one two-bedroom/one-bath apartments, with upgraded electrical systems, separate gas and electric meters for each unit, on-site laundry, and 12 parking spaces. Well-maintained landscaping enhances the property’s curb appeal and tenant experience.
Armacost Palms is ideally positioned just blocks from Sawtelle Japantown — one of LA’s most popular dining and cultural destinations — and minutes from UCLA, Westwood Village, and the shopping and employment centers of Century City, Brentwood, and Santa Monica. Residents enjoy walkable access to restaurants, cafes, grocery stores, and daily conveniences along Wilshire Boulevard and Bundy Drive.
Armacost Palms presents a compelling opportunity to acquire a well-maintained, income-producing asset in a supply-constrained West LA submarket. Individually metered utilities, upgraded infrastructure, and enduring neighborhood demand position this property for durable cash flow and long-term appreciation.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
The property features a unit mix of twelve one-bedroom/one-bath and one two-bedroom/one-bath apartments, with upgraded electrical systems, separate gas and electric meters for each unit, on-site laundry, and 12 parking spaces. Well-maintained landscaping enhances the property’s curb appeal and tenant experience.
Armacost Palms is ideally positioned just blocks from Sawtelle Japantown — one of LA’s most popular dining and cultural destinations — and minutes from UCLA, Westwood Village, and the shopping and employment centers of Century City, Brentwood, and Santa Monica. Residents enjoy walkable access to restaurants, cafes, grocery stores, and daily conveniences along Wilshire Boulevard and Bundy Drive.
Armacost Palms presents a compelling opportunity to acquire a well-maintained, income-producing asset in a supply-constrained West LA submarket. Individually metered utilities, upgraded infrastructure, and enduring neighborhood demand position this property for durable cash flow and long-term appreciation.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
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Faits sur la propriété
| Prix | 5 894 144 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 453 396 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,24 AC |
| Taux de capitalisation | 4,20% | Taille du bâtiment | 6 511 pi² |
| Multiplicateur du loyer brut | 13.66 | Occupation moyenne | 100% |
| Nombre d’unités | 13 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1956 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,84/1 000 pi² |
| Zonage | LAR3 | ||
| Prix | 5 894 144 $ CAD |
| Prix par unité | 453 396 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 4,20% |
| Multiplicateur du loyer brut | 13.66 |
| Nombre d’unités | 13 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,24 AC |
| Taille du bâtiment | 6 511 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1956 |
| Ratio de stationnement | 1,84/1 000 pi² |
| Zonage | LAR3 |
Commodités
Commodités des unités
- Espace d'entreposage
Commodités du site
- Installations de lessive
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Très pratique à pied (89)
Bike Score®
Très cyclable (74)
Impôts fonciers
| Numéro de lot | 4263-007-080 | Évaluation des bâtiments | 884 215 $ CAD |
| Évaluation du terrain | 2 009 594 $ CAD | Évaluation totale | 2 893 809 $ CAD |
Impôts fonciers
Numéro de lot
4263-007-080
Évaluation du terrain
2 009 594 $ CAD
Évaluation des bâtiments
884 215 $ CAD
Évaluation totale
2 893 809 $ CAD
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13-Units in Prime West LA | 1218 Armacost Ave
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