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Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41,275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe's, CVS, and the upcoming Whole Foods Market.
Property Type(s):
Residential Income
| Last Updated | 4/9/2026 | Year Built | 1948 |
|---|---|---|---|
| Community | C13 - Palms - Mar Vista | County | Los Angeles |
Additional Details
| APPLIANCES | Disposal, Refrigerator |
|---|---|
| AREA | C13 - Palms - Mar Vista |
| HEAT | Wall Furnace |
| LOT | 0.9476 acre(s) |
| LOT DIMENSIONS | 41279 |
| PARKING | Assigned, Covered |
| POOL | Yes |
| POOL DESCRIPTION | Private, In Ground |
| SEWER | Other |
| STORIES | 2 |
Location
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Listed with Cavanaugh Realtors
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