West Los Angeles (WLA) Homes with Mixed Use Subtype

West Los Angeles (WLA) Homes with Mixed Use Subtype

Welcome to West Los Angeles (WLA), a vibrant and diverse region that perfectly encapsulates the dynamic spirit of Southern California. Nestled within the bustling city of Los Angeles, WLA is known for its eclectic mix of residential, commercial, and cultural offerings. This area boasts a unique blend of urban sophistication and laid-back charm, making it a sought-after destination for homebuyers and investors alike.

WLA is characterized by its picturesque neighborhoods, each with its own distinct personality. From the tree-lined streets of Westwood to the trendy atmosphere of Culver City, the region offers a variety of housing options that cater to different lifestyles. One of the standout features of West Los Angeles is its availability of homes with a mixed-use subtype. These properties provide an exceptional opportunity for those looking to blend their living space with business potential, allowing for a seamless work-life balance.

Imagine living in a stylish apartment above your own boutique or café, or having a cozy office just steps away from your front door. Mixed-use homes in WLA not only offer convenience but also foster a sense of community, as residents and entrepreneurs come together to create a lively atmosphere. With easy access to major thoroughfares, public transportation, and a plethora of dining and entertainment options, West Los Angeles is a hub of activity that promises an enriching lifestyle.

Whether you're a young professional seeking a vibrant urban experience or a family looking for a welcoming neighborhood, West Los Angeles is the perfect place to call home. Explore the possibilities of mixed-use living and discover a community that truly embodies the best of Los Angeles living!

Newest West Los Angeles (WLA) Homes with Mixed Use Subtype

$2,950,000
SR26132528 MLS Active Under Contract Status
We are pleased to present 1626 S. Barrington Avenue, an exceptional 11-unit apartment building situated in one of West Los Angeles' most desirable and sought-after rental neighborhoods. This professionally managed asset reflects long-term ownership and pride of stewardship, making it an ideal addition to any multifamily investment portfolio. Constructed in 1969, the property features a well-balanced unit mix consisting of six one-bedroom units, three studio units, one two-bedroom unit, and a spacious townhouse-style front unit offering three bedrooms, three bathrooms, and in-unit laundry. This diverse configuration appeals to a broad tenant base and provides for minimal vacancy. The majority of the building is separately metered and designed for efficient management. Amenities include a dedicated on-site laundry room, bike storage, and gated parking for most units, including some enclosed garages. Current Soft-story and Balcony requirements have been met. Current rents remain below market, creating a compelling value-add opportunity through natural turnover and strategic interior improvements. At the current income level, the property offers an attractive 5% capitalization rate, with substantial upside potential through rent growth and enhanced operations. Offering convenient access to the I-405 Freeway, major surface streets, and public transportation, including the Metro E Line, the property is ideally positioned to attract a diverse tenant base seeking connectivity to the Westside's premier employment, educational, cultural, and recreational destinations. These highly desirable location attributes continue to support strong occupancy levels and long-term rental demand. 1626 S. Barrington Avenue represents a rare opportunity to acquire a stable, well-maintained Westside multifamily asset with immediate cash flow, long-term appreciation potential, and significant future income growth in one of Los Angeles' most resilient rental markets.

1626 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.