Overview
- 8
- 8
- 3408
- 1987
Description
Very well-maintained, very well-located 4-unit investment, in the heart of West LA’s Palms submarket. Townhouse-style, 2-story, 2 Bed/1.5Bath units above an on-grade concrete parking structure. Units are almost 900 sq. ft. each. All units have a dedicated, separate, large storage room, as well. On-site laundry facilities and a communal patio area in the rear. Intercom entry and electronically-accessed parking. All units have 2 parking spaces. Roof is newer. An above average rental option that will command a top-of-the-market rent – especially with some updating as units turnover. Long-term, local ownership has not been aggressive, admittedly. Current rents are $2,100-$2,400 each – proforma rents of over $3,000 each could be within reach. 33% unrealized upside. The units’ spacious, split layouts are ideal for a work-at-home renter or families.
Address
Open on Google Maps- Address Palms
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90034
Details
Updated on December 24, 2025 at 3:06 am- Property ID: HZ25578369
- Price: $1,995,000
- Property Size: 3408 Sq Ft
- Bedrooms: 8
- Bathrooms: 8
- Year Built: 1987
- Property Status: ResidentialIncome
- Listed by: Brice Head
- DRE #: 01330706
- Contact Mail: Brice.Head@cbre.com
- Brokered by: CBRE, Inc.
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