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.