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Palms / Mar Vista

The Palms and Mar Vista neighborhoods seamlessly blend quiet residential blocks with more than two thousand colorful midrise apartment complexes. A large part of the area’s charm stems from the abundance of low-key coffee shops, cleaners, and thrift shops lining its affably-aged main avenues. This relentlessly unassuming Westside neighborhood stands out as one of the Westside’s more densely populated submarkets, making it home to a tremendous cross-section of renters. Rental demand is high given the area’s central Westside location and quaint feel.

Market Stats - 2020

Overview - Annual Sales Stats

BUILDINGS SOLD

19

AVERAGE SALE PRICE

$3,925,947

AVERAGE PRICE PER UNIT

$290,245

AVERAGE PRICE PER SQUARE FOOT

$382

Rent vs Vacancy - Historical*

*Data Source: CoStar

Buildings Sold - Historical