9848 Tabor St - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$28,000,000 USD
909-997-9765
9848 Tabor St, Los Angeles, CA for Sale
$28,000,000 USD
Apartments - FOR SALE
1/16
null | 4.24% Cap Rate

9848 Tabor St
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • Strong unit mix: Spacious 1,000+ sq.ft. 2-bedrooms and 737 sq.ft. 1-bedroom units, supporting consistent renter demand (34.89% Rental Upside)
  • Built in 1977 featuring solid construction and value-add potential through interior and common-area renovations.
  • Attractive price per foot ($484) in a supply-constrained West Los Angeles submarket.
  • Desirable amenities including private balconies, electric car charging stations, pool, spa, and on-site laundry facilities.
  • Prime Palms location with convenient access to major Westside employment centers and regional transportation.
  • Potential for scale and operational efficiency with value-add opportunity

OVERVIEW

Principle Quality Investments is pleased to present this prime 62-unit multifamily community known as Chateau De Paix, offering scale and operational efficiency in a supply-constrained West Los Angeles submarket. Strong unit mix with extremely spacious 1,000+ sq.ft. 2-bedrooms and 737 sq.ft. 1-bedroom units, supporting consistent renter demand (34.89% Rental Upside). R3-zoned asset on a 49,413 SF lot, providing long-term redevelopment or density upside potential (buyer to verify). Built in 1977 with 57,810 SF of improvements, featuring solid construction and value-add potential through interior and common-area renovations. Desirable amenities including pool, spa, private balconies, electric car charging stations and on-site laundry facilities. Prime Palms location with convenient access to major Westside employment centers and regional transportation.

FOR SALE DETAILS

PRICE

$28,000,000 USD

PRICE/SF

$484 USD /SF

# OF UNITS

62

PRICE/UNIT

$451,613

CAP RATE

4.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

62-units w/34.89% Upside

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,406 SF

ZONING

LAR3

APN/PARCEL ID

4313-011-026

ASK ABOUT THIS PROPERTY

Matthew GuerraKW CommercialMore Info
909-997-9765

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Matthew GuerraKW CommercialMore Info
909-997-9765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.