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Rare opportunity to acquire a 14-unit multifamily property in the highly desirable Palms neighborhood of West Los Angeles, offering an attractive 6.12% current cap rate, substantial rent upside, three currently vacant units, and completed major compliance improvements. Built in 1957, the approximately 5,480-square-foot building is situated on a 5,756-square-foot LAR4 lot and features an efficient unit mix of ten 1-bedroom/1-bath units and four studio units, along with five on-site parking spaces.At an asking price property is offered at an attractive basis of approximately $185,714 per unit and a 6.12% current cap rate. Ownership currently holding off market 3 vacant... units to all buyer to create increase income. Located in Palms, one of the Westside's most established rental neighborhoods, positioned between Culver City, Mar Vista, Cheviot Hills, and West Los Angeles. Residents benefit from convenient access to Culver City, Century City, Westwood/UCLA, Santa Monica, Playa Vista, the Metro E Line, I-10 and I-405 freeways, as well as major media, entertainment and technology employment centers throughout the Westside.
Data Source: CRMLS
MLS#: 26107017
Data Source Copyright: © 2026 CRMLS All rights reserved.
This property was listed on 11/7/2026 and last updated as of 11/7/2026 11:53:48 PM. OSI IDX updated the data from CRMLS on 11/8/2026 at 6:05 PM. 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.