West Los Angeles (WLA) Homes with Mixed Use Subtype

West Los Angeles (WLA) Homes with Mixed Use Subtype

Welcome to West Los Angeles (WLA), a vibrant and diverse neighborhood that perfectly encapsulates the essence of Southern California living. Nestled in the heart of Los Angeles County, WLA is known for its eclectic mix of residential and commercial spaces, making it a unique and desirable place to call home. With its proximity to major attractions like Santa Monica Beach, the Getty Center, and the bustling streets of Westwood, residents enjoy a lifestyle that blends urban conveniences with laid-back coastal charm.

One of the standout features of WLA is its homes with a mixed-use subtype. These properties offer an innovative living experience, allowing residents to enjoy the convenience of having shops, cafes, and offices right at their doorstep. Imagine waking up in a stylish apartment above a trendy café or a boutique, where you can savor your morning coffee without ever stepping into your car. This integration of living and working spaces fosters a sense of community and makes daily life effortlessly convenient.

In addition to the appeal of mixed-use homes, WLA boasts tree-lined streets, picturesque parks, and a rich tapestry of cultural influences. The neighborhood is home to a variety of restaurants, art galleries, and entertainment venues, ensuring that there’s always something to explore. Whether you’re a young professional, a growing family, or a retiree looking to enjoy the California sun, West Los Angeles offers a dynamic lifestyle that caters to all. Come discover the charm of WLA and find your perfect mixed-use home in this thriving community!

Newest West Los Angeles (WLA) Homes with Mixed Use Subtype

$2,950,000
SR26132528 MLS Active Under Contract Status
We are pleased to present 1626 S. Barrington Avenue, an exceptional 11-unit apartment building situated in one of West Los Angeles' most desirable and sought-after rental neighborhoods. This professionally managed asset reflects long-term ownership and pride of stewardship, making it an ideal addition to any multifamily investment portfolio. Constructed in 1969, the property features a well-balanced unit mix consisting of six one-bedroom units, three studio units, one two-bedroom unit, and a spacious townhouse-style front unit offering three bedrooms, three bathrooms, and in-unit laundry. This diverse configuration appeals to a broad tenant base and provides for minimal vacancy. The majority of the building is separately metered and designed for efficient management. Amenities include a dedicated on-site laundry room, bike storage, and gated parking for most units, including some enclosed garages. Current Soft-story and Balcony requirements have been met. Current rents remain below market, creating a compelling value-add opportunity through natural turnover and strategic interior improvements. At the current income level, the property offers an attractive 5% capitalization rate, with substantial upside potential through rent growth and enhanced operations. Offering convenient access to the I-405 Freeway, major surface streets, and public transportation, including the Metro E Line, the property is ideally positioned to attract a diverse tenant base seeking connectivity to the Westside's premier employment, educational, cultural, and recreational destinations. These highly desirable location attributes continue to support strong occupancy levels and long-term rental demand. 1626 S. Barrington Avenue represents a rare opportunity to acquire a stable, well-maintained Westside multifamily asset with immediate cash flow, long-term appreciation potential, and significant future income growth in one of Los Angeles' most resilient rental markets.

1626 S Barrington, Los Angeles

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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.