9848 Tabor, Los Angeles, CA 90034
- $28,000,000
- List Price
- $28,000,000
- Status
- ACTIVE
- MLS#
- AR26078737
- Year Built
- 1977
- Lot Size
- 49,413
- Acres
- 1.13
- Lot Location
- Lot Over 40000 Sqft, Over 40 Units/Acre, Rectangular Lot, Value In Land, Walkstreet
- Days on Market
- 107
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Chateau De Paix presents a compelling 62-unit multifamily investment opportunity located at 9848 Tabor Street in the highly desirable Palms neighborhood of West Los Angeles. Built in 1977, the property consists of approximately 57,810 square feet of building area situated on over 1-ACRE of land (49,413 sq.ft.), offering investors both strong in-place income and future redevelopment potential. The property features an attractive unit mix with each unit containing private balconies, and large spacious floorplans in a supply-constrained market. The asset offers a significant value-add opportunity with approximately +-34.89% rental upside potential, allowing investors to increase revenue through interior renovations and operational improvements. Residents benefit from attractive community amenities including a pool, spa, private balconies, EV charging stations, and on-site laundry facilities, enhancing tenant satisfaction and retention. The asset is located in a prime West Los Angeles location with convenient access to Culver City, Santa Monica, and Downtown Los Angeles, placing residents near major employment centers, entertainment, and retail corridors.
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Additional Information
- Pool Description
- Community
- Heat
- Natural Gas
- View
- City Lights
- Garage Spaces Total
- 72
- Sewer
- Unknown
- Water
- Public, See Remarks
- Interior Features
- All Bedrooms Up, All Bedrooms Down, Loft
- Attached Structure
- Attached
- Number Of Units Total
- 62
- Gross Scheduled Income
- $1,812,235
- Operating Expense
- 602200
Listing courtesy of Listing Agent: Matthew Guerra (matthew.guerra@principlequalityinvestments.com) from Listing Office: KW Executive.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.