Mohr Real Estate Group

Mohr Real Estate Group

1351 Armadale AV Los Angeles CA 90042 | MLS #26875093

1351 Armadale AV
Los Angeles, CA, 90042
$4,240,000
24 Beds
16 Baths
11,856 SqFt
0.39 Acres
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$4,240,000
1351 Armadale AV
Los Angeles, CA, 90042
MLS #26875093 image #0MLS #26875093 image #1MLS #26875093 image #2MLS #26875093 image #3MLS #26875093 image #4MLS #26875093 image #5MLS #26875093 image #6MLS #26875093 image #7MLS #26875093 image #8

Property Description


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.

Property Details

Price:
$4,240,000
MLS #:
26875093
Status:
Active
Beds:
24
Baths:
16
Type:
Single Family
Neighborhood:
632highlandpark
Listed Date:
Aug 20, 2026
Finished Sq Ft:
11,856
Total Sq Ft:
11,856
Lot Size:
17,126 sqft / 0.39 acres (approx)
Year Built:
1958
632 – Highland Park632highlandpark

Schools

Interior

Appliances
DW, RF
Cooling
WW
Flooring
WOOD
Heating
WL
Laundry Features
CM
Levels
A

Exterior

Parking Spots
16
Parking Total
16

Financial

Gross Operating Income
$412,200
Net Operating Income
$243,949
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1351 Armadale AV
Los Angeles, CA
The Mohr Real Estate Group

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