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

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

Welcome to the vibrant and eclectic neighborhoods of Palms and Mar Vista, nestled in the heart of Los Angeles County. This dynamic region, known for its rich cultural diversity and community spirit, offers a unique blend of urban living and suburban charm. With a mix of residential and commercial spaces, Palms and Mar Vista are ideal for those seeking a lively lifestyle infused with creativity and convenience.

The homes in this area showcase a fascinating mixed-use subtype, allowing residents to enjoy the best of both worlds. Imagine living in a beautifully designed residence just steps away from trendy cafes, artisan shops, and local parks. This innovative approach to living not only promotes a sense of community but also provides the convenience of having amenities right at your doorstep. Whether you're a young professional, a growing family, or an artist looking for inspiration, this mixed-use environment caters to a variety of lifestyles.

Palms boasts a strong sense of community with its tree-lined streets, while Mar Vista is celebrated for its farmer’s market and vibrant local art scene. Residents here enjoy easy access to major freeways and public transportation, making commutes to downtown Los Angeles or Santa Monica a breeze.

Explore the diverse culinary offerings, indulge in the local arts, or simply take a leisurely stroll through the parks. With its perfect blend of residential comfort and commercial vibrancy, Palms and Mar Vista are truly a hidden gem in Los Angeles, waiting to welcome you home.

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.