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For sale
  • $4,240,000

    1351 Armadale Ave, Los Angeles, CA 90042

    24beds
    16baths
    11,856sqft
    : 
    $27,983/mo
    Get pre-qualified
    Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $358/sqft
    $-- HOA

    What's special

    1351 Armadale Avenue is a well-maintained 16-unit apartment community in Highland Park, offering investors an attractive value-add opportunity in one of Los Angeles' most supply-constrained multifamily markets. The property features a balanced unit mix of eight one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, appealing to a broad tenant base and supporting long-term occupancy. Residents also benefit from on-site laundry and 16 parking spaces. Its established operating history and well-maintained interiors and exteriors provide a strong foundation for current income, while limited new apartment development, high replacement costs, and continued housing demand support long-term growth. Located near major employment centers in Downtown Los Angeles, Pasadena, and Glendale, residents enjoy convenient access to Figueroa Street, York Boulevard, Old Pasadena, and Eagle Rock. The property is also near Occidental College, Pasadena City College, and Caltech. Its desirable location, below-market rents, and value-add potential position 1351 Armadale Avenue for continued rental demand, income growth, and long-term appreciation.
    11 hours
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    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Withers DRE # 01325901 818-923-6107,

    Matthews Real Estate Investment Services 866-889-0550

    Source: CLAW,MLS#: 26875093MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 24
      • Bathrooms: 16
      Heating
      • Wall
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Range/Oven, Refrigerator, Exhaust Fan, Dishwasher
      • Laundry: Laundry Area, Common Area
      Features
      • Flooring: Wood
      Interior area
      • Total structure area: 11,856
      • Total interior livable area: 11,856 sqft

      Property

      Parking
      • Total spaces: 16
      • Parking features: Assigned, Gated, Private
      Features
      • Levels: One
      • Stories: 2
      • Exterior features: Living Room Balcony
      • Pool features: In Ground, Fenced, Community
      Lot
      • Size: 0.39 Acres
      Details
      • Additional structures: None
      • Parcel number: 5474029026
      • Zoning: LAR1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1958

      Community & HOA

      HOA
      • Amenities included: Pool, Picnic Area, Gated Parking
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $358/sqft
      • Tax assessed value: $4,561,013
      • Date on market: 8/20/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,375/mo

        Price history

        DateEventPrice
        8/20/2026Listed for sale$4,240,000$358/sqft
        Source: CLAW #26875093 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Highland Park

        Getting around

        81 / 100
        Very Walkable
        41 / 100
        Some Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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