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62-units w/34.89% Upside 9848 Tabor St 62 Unit Apartment Building $28,000,000 ($451,613/Unit) 4.24% Cap Rate Los Angeles, CA 90034

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Investment 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)
  • Attractive price per foot ($484) in a supply-constrained West Los Angeles submarket.
  • Prime Palms location with convenient access to major Westside employment centers and regional transportation.
  • Built in 1977 featuring solid construction and value-add potential through interior and common-area renovations.
  • Desirable amenities including private balconies, electric car charging stations, pool, spa, and on-site laundry facilities.
  • Potential for scale and operational efficiency with value-add opportunity

Executive Summary

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.

Property Facts

Price $28,000,000
Price Per Unit $451,613
Sale Type Investment
Cap Rate 4.24%
Gross Rent Multiplier 15.29
No. Units 62
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.13 AC
Building Size 57,810 SF
No. Stories 2
Year Built 1977
Zoning LAR3

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Heating
  • Kitchen

Site Amenities

  • Laundry Facilities
  • Security System
  • Spa

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - 561
1+1 30 - 737 - 898
2+2 22 - 1,010
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
4313-011-026
Land Assessment
$2,693,515
Improvements Assessment
$4,143,882
Total Assessment
$6,837,397
  • Listing ID: 39729116

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 9848 Tabor St, Los Angeles, CA 90034

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