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Carlos Elizondo

shoppingsdhouses@gmail.com +1(619) 992-9150

$28,000,000

Est. payment - /mo

1.13 Acres Lot

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26078737

HOA Y/N No

Year Built 1977

Lot Size 1.134 Acres

Property Sub-Type Apartment

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.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Interior

Interior Features All Bedrooms Up, All Bedrooms Down, Loft

Heating Natural Gas

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Covered, Direct Access, Garage, Private

Garage Spaces 72.0

Garage Description 72.0

Pool Community

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban, Pool

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights

Total Parking Spaces 72

Private Pool No

Building

Lot Description Lot Over 40000 Sqft, Over 40 Units/Acre, Rectangular Lot, Value In Land, Walkstreet

Story 2

Entry Level Two

Sewer Unknown

Water Public, See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4313011026

Energy Description 1.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac, Government Loan, Owner May Carry, Submit

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac, Government Loan, Owner May Carry, Submit

Special Listing Condition Standard

Lease Land No

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Listed by Matthew Guerra KW Executive 909-997-9765, DRE #02022646

NEARBY SCHOOL & BUSINESS

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Carlos Elizondo

+1(619) 992-9150

Agent | CA DRE#02066903

Agent CA DRE#02066903

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9848 Tabor Los Angeles, CA 90034

Carlos Elizondo

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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9848 Tabor