2608 Armacost Avenue

Los Angeles, CA 90064

$1,698,000
Price
5
Beds
3
Baths
2,011 Sq. Ft.
$844 / Sq. Ft.
2,011
Sq. Ft.
$844
per Sq. Ft.

Description

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....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. Garage rents ($658) are included in gross rental amount.
  1. Listed by Thomas Hickey • DRE #01312830 • Brokerage DRE #01312830 • Thomas Hickey

Property Details for 2608 Armacost Avenue

Water Front
None
Zoning
LAR1
Style
Contemporary
Cross Streets
Bundy and Ocean Park Blvd.
Parcel Number
4257007041
Total Units
3.0
Living Area
2011
Source Living Area
Assessor
LISTING UPDATED: 12/15/2024 10:58 PM

Property Details for 2608 Armacost Avenue

StatusActive
MLS #24-415005
Days on Market162
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.15 AC / 6,362 SF
CountyLos Angeles County

Building Information for 2608 Armacost Avenue

Stories2Residences-Year Built1954Building Size-Lot Size0.15 AC / 6,362 SF

Property Information for 2608 Armacost Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: residential
  • View: Yes
  • View Description: Courtyard, Green Belt
  • View: Courtyard, Park/Greenbelt
  • Security Features: Gated, Smoke Detector
  • Direction Faces: North
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional, Cash To New Loan, Cash
  • Disclosures: Rent Control, Trust/Conservatorship
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $6,654
  • Net Operating Income: $74,040.00
  • Gross Income: $6,654
  • Gross Rent Multiplier: $21.83
  • Actual Annual Gross Rent: $77,520.00
  • Garage Income: $670
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 3480
  • Water Expense: $2,400.00
  • Gardener Expense: $1,080
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1461
  • Lot Size Square Feet: 6362
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Description: Back Yard, Alley Paved, Fenced Yard, Front Yard, Curbs, Gutters, Landscaped
  • Lot Location: Alley Access, City, Corner Lot
Parking Details
Parking Details
  • Parking Garage: Private Garage, Garage Is Attached
  • Total Parking: 4
  • Covered Parking: 4
  • Open Other Spaces Total: 1
  • Parking Features: Private
  • Attached Garage: Yes
  • Garage Structures Total: 4.0
Interior Features
Interior Features
  • Rooms: Breakfast Area
  • Levels: Two
  • Fireplace Features: Living Room, Gas
  • Fireplace Rooms: Living Room, Gas
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Floor Furnace, Wall Furnace
  • Heating Type: Floor Furnace, Wall
  • Flooring: Laminate, Carpet, Vinyl Sheet
  • Equipment: Built-Ins, Gas Or Electric Dryer Hookup, Range/Oven
  • Interior Features: Common Walls
  • Room Kitchen Features: Tile Counters
  • Kitchen Features: Tile Counters, Galley Kitchen
  • Bathroom Features: Shower Over Tub
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Attached
  • Cooking Appliances: Oven-Gas
  • Laundry: Laundry Area
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Exterior Features: Rain Gutters
  • Roof: Asbestos Shingle
  • Sprinklers: None
  • Windows: Window Blinds
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structural Features: Balcony, Two On A Lot, Rain Gutters
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 07-13-2024
  • Listing Terms: Conventional, Cash To New Loan
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,756.00
  • Unit Actual Rent: $2,756.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,080.00
  • Unit Actual Rent: $2,080.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,160.00
  • Unit Actual Rent: $1,160.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $92,912.00
  • Assessed Improvement Percent: 35.85
  • Assessed Land Value: $166,281.00
  • Assessed Land Percent: 64.15
  • Assessed Total Value: $259,193.00

Property History for 2608 Armacost Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2608 Armacost Avenue

Taxable ValueLand$850,414Additions$195,181Total$1,045,595
Tax Record2024$13,037 ($1,086 / month)
Home Facts
Total Finished SqFt2,011 SqFtAbove Grade Finished SqFt2,011 SqFtLot Size6,365 SqFtStyleTriplexYear Built1954ZoningLAR1CountyLOS ANGELESAPN4257-007-041

Schools near 2608 Armacost Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Public - K to 7
Rating
School
Distance
Nora Sterry Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

Richland Avenue Elementary School
PublicK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2608 Armacost Avenue is a multi-family home for sale in Los Angeles, CA 90064. This property was listed for sale on July 13, 2024 by Thomas Hickey, it's currently listed at $1,698,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Nora Sterry Elementary School, Daniel Webster Middle School and University Senior High School Charter. 2608 Armacost Avenue is a 5-bed, 3-bath, 2,011 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Thomas Hickey, Thomas Hickey, DRE #01312830

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.