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

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

Welcome to the vibrant Palms-Mar Vista neighborhood in Los Angeles, California, where urban living meets suburban charm. Nestled in the heart of the city, this dynamic region is known for its eclectic mix of residential and commercial spaces, making it a perfect destination for those seeking a lifestyle that balances convenience and community.

Palms-Mar Vista boasts a diverse array of homes, including the increasingly popular mixed-use subtype. These unique properties offer the perfect blend of living and working spaces, allowing residents to enjoy the luxury of having their home and business under one roof. Imagine waking up in a stylish apartment just steps away from your favorite café or boutique—this is the essence of Palms-Mar Vista living.

The neighborhood is characterized by its tree-lined streets, inviting parks, and a rich tapestry of cultural influences. With easy access to major freeways and public transportation, commuting to downtown Los Angeles or the Westside is a breeze. Residents can indulge in the area’s thriving dining scene, featuring everything from cozy eateries to gourmet restaurants, and explore local shops that showcase the creativity of the community.

Families will appreciate the proximity to highly-rated schools and recreational facilities, while young professionals will love the energetic atmosphere and opportunities for networking. Whether you’re looking for a lively place to call home or a strategic location for your business, Palms-Mar Vista offers a unique and appealing lifestyle that truly captures the essence of Los Angeles living. Embrace the charm of this neighborhood and discover your dream home today!

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.