West Los Angeles (WLA) Homes with Mixed Use Subtype

West Los Angeles (WLA) Homes with Mixed Use Subtype

**Discover the Charm of West Los Angeles: A Dynamic Residential and Commercial Haven**

Nestled in the heart of Los Angeles County, West Los Angeles (WLA) is a vibrant and eclectic neighborhood that seamlessly blends urban sophistication with suburban charm. Known for its diverse culture, WLA boasts a rich tapestry of restaurants, boutiques, and entertainment options, all within a stone's throw from stunning residential communities. This dynamic area is not just a place to live; it’s a lifestyle that offers the best of both worlds.

One of the standout features of West Los Angeles is its unique housing options, particularly homes with a mixed-use subtype. These properties provide an exceptional opportunity for residents to enjoy the convenience of living and working in the same space. Imagine stepping out of your front door and finding a cozy café or a boutique gym just a few steps away. Mixed-use homes in WLA are designed to cater to the modern lifestyle, offering flexible spaces that can accommodate both residential and commercial needs.

The real estate market in West Los Angeles is as diverse as its community. From charming bungalows to contemporary condos, the area offers a variety of housing styles that appeal to different tastes and budgets. With a strong emphasis on walkability, residents can enjoy leisurely strolls through tree-lined streets, vibrant farmers' markets, and local parks, fostering a true sense of community.

Whether you're looking to invest in a mixed-use property or simply want to experience the lively atmosphere of West Los Angeles, this region promises a unique blend of convenience, culture, and comfort. Embrace the opportunity to call WLA home, where every day feels like an adventure waiting to unfold.

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.