7701 W Manchester Avenue, Playa del Rey, CA 90293 (MLS # PW24088042)

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PRICE $3,275,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 6,801 sqft
LOT SIZE 8,503 sqft
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7701 W Manchester Ave is a beautiful garden-style apartment building in Playa Del Rey. This two-story property features a strong unit mix, including (1) 3-bed/2-bath unit, (1) 2-Bed/2-Bath, (3) 2-bed/1-bath units, (2) 1-bed/1-bath units, and (3) studios. The property also includes a large courtyard that benefits from plenty of natural light with well-kept plants and a patio set-up. With strong in-place income, a buyer can capitalize on a 4.71% CAP Rate with potential for 35% upside on rents. Situated in a desirable area near PDR's retail and dining options, as well as Loyola Marymount University, this property offers a prime investment opportunity in a sought-after neighborhood.

DAYS ON MARKET 15 LAST UPDATED 5/8/2024
YEAR BUILT 1959 COMMUNITY Playa Del Rey
GARAGE SPACES 5.0 COUNTY Los Angeles
STATUS Conditional PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA Playa Del Rey
BUYER'S BROKERAGE COMPENSATION 2.500 %
GARAGE Garage, Yes
HEAT None
LOT 8503 sq ft
LOT DESCRIPTION 6-10 Units/Acre
PARKING Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
ZONING LAR3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Lyon Stahl Investment Real Est

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