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*24 units in West Los Angeles' highly desirable submarket of Mar Vista *Value-add investment opportunity with approximately 17% upside in rent *5.1% cap rate on in-place rents; 6.2% cap rate at market *Charming 1950s construction *Walk to A-rated Mar Vista Elementary School, The Hive, Lazy Daisy Caf, Chipotle, Robek's, YAMA Sushi Marketplace, and the future Lazy Acres Natural Market (coming fall 2026) *Rents shown are averages *Full OM available on property website
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Listing Snapshot
Price
$7,995,000
Days On Site
49 Days
Bedrooms
34
Inside Area (SqFt)
19,868 sqft
Total Baths
24
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.6073 Acres
Year Built
1953
MLS® Number
26647475
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.6073
Garage
Yes
Garage Spaces
20
Levels
Two
Number Of Stories
2
Parking
Garage
Parking Spaces
24
Special Circumstances
Standard
SqFt Total
19868
Zoning
LAR3
Interior Features
Appliances
Refrigerator
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace
Interior
Ceiling Fan(s)
Laundry Features
Common Area
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Exterior Features
Pool Features
In Ground
Community Features
MLS Area
C13 - Palms - Mar Vista
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. The 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, the 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.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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