PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale The Villa Chamberlain Apartments, a 38-unit apartment community located at 1776 South Rimpau Boulevard. The subject property is located south of Venice Boulevard and east of La Brea Avenue. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on an oversized 37,539 square foot parcel, the property is comprised of 32 one-bedroom units, five two-bedroom units, and one three-bedroom unit. The property has more than 32% remaining rental upside through unit renovations along with a desirable parking ratio of 1.18/1.00 and on-site laundry facilities. Villa Chamberlain offers investors a rare opportunity to acquire a sizeable presence in a sought-after in-fill submarket of Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units in order to achieve superior market rents moving forward, makes Villa Chamberlain an excellent acquisition opportunity.