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24 Beds
16 Baths
11,856 sqft

$4,240,000

1351 Armadale Avenue, Los Angeles CA, 90042

Price per sqft$357.62
Built in1958
Property size11,856 sqft
Property typeResidential
Listed by Daniel Withers CA DRE# 01325901 with Matthews Real Estate Investment Services 818-923-6107

Overview

Active

Listed Aug 20, 2026

Updated 2 weeks ago

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.

$28,209/mo

Est. mortgage payment based on a $4,240,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26875093

Interior Features

Bedrooms
24
Bathrooms
16
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.39 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Daniel Withers CA DRE# 01325901 with Matthews Real Estate Investment Services 818-923-6107

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/29/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/29/2026 at 4:17 AM UTC Last Checked: 4:17 AM UTC

 

 

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