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Classic 1931 California cottage situated on an approximately 7,500 square foot lot in the desirable Palms, Mar Vista submarket. The front residence is a two-story, three-bedroom, one-bath home featuring private access, a charming front yard, and a separate rear backyard, offering a strong owner-user component with added privacy and appeal. Constructed in 1959, the rear of the property includes three additional two-bedroom, one-bath units positioned above five-car parking, along with a dedicated on-site laundry room. One of the two-bedroom units is currently vacant, providing immediate upside potential. The property presents a value-add opportunity through renovation and repositioning, with the potential for further unit enhancement and possible ADU development (buyer to verify). This offering is well-suited for investors seeking a blend of in-place income and long-term growth. This offering is to be sold in conjunction with, and to close concurrently with, the adjacent parcel, creating a rare assemblage opportunity. The combined offering represents a multifamily investment opportunity consisting of two contiguous parcels (APNs 4314-015-011 and 4314-015-012) located in the desirable Palms/Mar Vista submarket of West Los Angeles. Situated on approximately 15,000 square feet of land, this configuration provides investors with multiple acquisition strategies, including redevelopment, value-add repositioning, or owner-user occupancy.
Property Type(s):
Residential Income
| Last Updated | 3/23/2026 | Year Built | 1931 |
|---|---|---|---|
| Community | C13 - Palms - Mar Vista | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C13 - Palms - Mar Vista |
| HEAT | Wall Furnace |
| LOT | 7501 sq ft |
| LOT DIMENSIONS | 7503 |
| PARKING | Carport |
| STORIES | Split/Multi Level |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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