Palms - Mar Vista (C13) Homes with Mixed Use Subtype

Palms - Mar Vista (C13) Homes with Mixed Use Subtype

Welcome to the vibrant and eclectic region of Palms - Mar Vista, nestled in the heart of Los Angeles County, California. This neighborhood is a delightful blend of urban charm and suburban tranquility, making it an ideal location for those seeking a dynamic lifestyle. Known for its diverse community, Palms - Mar Vista boasts a rich tapestry of cultures, offering an array of dining options, boutique shops, and recreational parks, all within a stone's throw.

One of the standout features of this area is its mixed-use properties, which seamlessly integrate residential and commercial spaces. These homes with a mixed-use subtype provide a unique opportunity for residents to live, work, and play in one convenient location. Imagine stepping out of your front door and finding a cozy café, a trendy retail shop, or a yoga studio just moments away. This innovative living arrangement not only fosters a sense of community but also enhances the quality of life by reducing commute times and encouraging a walkable lifestyle.

Palms - Mar Vista is also well-connected to the rest of Los Angeles, with easy access to public transportation and major thoroughfares. Whether you're commuting to downtown LA or heading to the beach, you'll find that this neighborhood offers the best of both worlds. With its charming streets, friendly atmosphere, and the convenience of mixed-use homes, Palms - Mar Vista is not just a place to live; it’s a place to thrive. Explore the possibilities that await you in this dynamic Los Angeles gem!

Newest Palms - Mar Vista (C13) Homes with Mixed Use Subtype

$3,495,000
17 Beds ⋅ 13 Baths ⋅ SR26160145 MLS ⋅ Active Status
MAJOR PRICE REPOSITIONING Exceptional West Los Angeles 9-Unit Investment Opportunity **Newly repositioned from $3,995,000 to $3,495,000**, creating a compelling opportunity to acquire a meticulously maintained, pride-of-ownership 9-unit apartment building in one of West Los Angeles’ most desirable rental neighborhoods. Ideally situated on Barrington Avenue just south of Pico Boulevard, this well-maintained multifamily asset offers an excellent unit mix consisting of four 2-bedroom/2-bath units, four 2-bedroom/1-bath units and one spacious 1-bedroom/1-bath unit. A standout feature is the property’s **12 gated on-site parking spaces**, an exceptional parking ratio for the area. Many of the units have been tastefully updated with remodeled kitchens, upgraded bathrooms and modern finishes. Two ground-floor units feature laminate flooring while the remaining units are carpeted. Most units include a refrigerator, stove, microwave, dishwasher and blinds. Most also feature central air conditioning, while one original unit presents an opportunity for a future owner to modernize and add additional value. Select units offer private outdoor space including patios or side yards. Additional amenities include controlled gated entry, assigned gated parking and an on-site community laundry facility. The property has been exceptionally maintained and has completed its **soft-story seismic retrofit**, eliminating a significant future capital improvement and providing added peace of mind for ownership. Most units are individually metered for gas and electricity, while two units share utility meters with those costs currently paid by the owner. The location is a major draw. Just moments from the vibrant Sawtelle district, residents enjoy immediate access to one of Los Angeles’ premier dining and entertainment destinations, known for its acclaimed Japanese restaurants, specialty shops and neighborhood atmosphere. UCLA, Santa Monica, Brentwood, Century City and the beach. With **strong in-place income and substantial rental upside**, this property offers investors the opportunity to grow cash flow while owning a quality asset in one of Southern California’s most sought-after multifamily markets. This is an outstanding opportunity for a 1031 exchange buyer, portfolio investor or purchaser seeking a premier West Los Angeles multifamily asset with pride of ownership, excellent parking, rental upside and long-term appreciation potential.

2495 S Barrington, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.