ABOUT THIS PROPERTY

Chateau De Paix | 62-Unit Value-Add Opportunity | Prime Palms Submarket

62-unit multifamily community known as Chateau De Paix, offering scale, operational efficiency, and long-term upside in one of West Los Angeles’ most supply-constrained rental markets.

The property features a highly desirable unit mix, dominated by extremely spacious 1,000+ sq.ft. two-bedroom units and 737 sq.ft. one-bedroom units, supporting strong and consistent renter demand. Current operations reflect approximately 34.89% rental upside, presenting a compelling value-add opportunity for new ownership.

Situated on a 49,413 SF R3-zoned lot, the asset offers potential long-term redevelopment or density upside (buyer to verify). Built in 1977 and totaling approximately 57,810 SF of improvements, the property benefits from solid construction and clear pathways for interior and common-area renovation strategies.

Amenities include a pool and spa, private balconies, electric vehicle charging stations, subterranean parking, and on-site laundry facilities—enhancing tenant appeal and competitive positioning.

Ideally located in the highly desirable Palms neighborhood, the property provides convenient access to major Westside employment hubs including Century City, Culver City, Santa Monica, and Beverly Hills, along with strong connectivity to regional transportation corridors.

• Located in the highly desirable Palms neighborhood near Century City, Culver City, Santa Monica, and Beverly Hills.
• Strong unit mix featuring oversized 1,000+ sq.ft. two-bedroom units and spacious 737 sq.ft. one-bedroom units.
• Approximately 34.89% rental upside, providing significant value-add potential for new ownership.
• Built in 1977 with ±57,810 square feet of improvements on a ±49,413 square foot lot.
• R3 zoning offers long-term redevelopment or additional density potential (buyer to verify).
• Attractive amenities including pool and spa, private balconies, subterranean parking with electric vehicle charging stations, and on-site laundry facilities.
• Positioned in a supply-constrained Westside market with strong proximity to major employment centers and regional transportation.