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

Welcome to Palms - Mar Vista, a vibrant and eclectic neighborhood nestled in the heart of Los Angeles County, California. This charming region, often referred to simply as "Palms," is a hidden gem that perfectly blends urban convenience with a laid-back, community-oriented vibe. With its tree-lined streets, diverse dining options, and lively local shops, Palms - Mar Vista offers a unique lifestyle that appeals to both young professionals and families alike.

One of the standout features of this area is its mixed-use homes, which provide an exciting opportunity for residents to live, work, and play all in one place. These versatile properties often combine residential living spaces with commercial units, allowing entrepreneurs to run their businesses right at home. Imagine waking up in your cozy apartment and stepping downstairs to your favorite coffee shop or boutique—this is the charm of mixed-use living in Palms - Mar Vista.

The neighborhood is also known for its proximity to major attractions, including the bustling Culver City and the scenic beaches of Santa Monica, making it an ideal location for those who appreciate both city life and coastal relaxation. With easy access to public transport and major highways, commuting to Downtown Los Angeles or other parts of the city is a breeze.

Whether you’re looking for a trendy loft, a spacious family home, or a mixed-use property that combines the best of both worlds, Palms - Mar Vista has something for everyone. Explore this dynamic neighborhood and discover the perfect place to call home in one of Los Angeles' most exciting locales!

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.