Thank you
Woody Stahl
Lyon Stahl Investment Real Est
310-425-9838
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.
Sell a home like this and save $196,001 Find Out How
Water Source : Public
Sewer : Public Sewer
Fireplace: None
None
Air Conditioning
None
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1959
Building Area Total: 6,801
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1952
Lot Size Source: Assessor
Lot Size Square Feet: 8503
Original List Price: 3,275,000
Listing Contract Date: 2024-05-02
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4114024008
Garage Description: Garage
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: C31 - Playa Del Rey
Directions: 1 parcel W of W Manchester Ave and Berger Ave
Zoning: LAR3
Source Property Type: Residential Income
Area: C31 - Playa Del Rey
Property SubType: Mixed Use
Property Age: 65
Common Walls: 2+ Common Walls
Structure Type: Mixed Use
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
6929 Vista Del Mar, Playa Del Rey, CA,90293 | $750,000 | -- | -- | -- | 5645 Sqft |
325 Culver Blvd #1, Playa Del Rey, CA,90293 | $3,900 | 2 | 1 | 850 | 5000 Sqft |
7777 W 91st Street #B1148, Playa Del Rey, CA,90293 | $699,999 | 3 | 2 | 1,228 | 311788 Sqft |
408 Pershing Drive, Playa Del Rey, CA,90293 | $1,924,000 | 5 | -- | 2,426 | 4834 Sqft |
380 Pershing Drive, Playa Del Rey, CA,90293 | $1,350,000 | 4 | -- | 1,818 | 4830 Sqft |
8675 Falmouth Avenue #322, Playa Del Rey, CA,90293 | $685,000 | 1 | 1 | 842 | 162394 Sqft |
7805 Veragua Drive, Playa Del Rey, CA,90293 | $3,725,000 | 4 | 5 | 6,988 | 5211 Sqft |
8515 Falmouth Avenue #223, Playa Del Rey, CA,90293 | $999,000 | 3 | 2 | 1,367 | 62909 Sqft |
8145 Redlands Street #306, Playa Del Rey, CA,90293 | $769,000 | 2 | 2 | 1,116 | 58727 Sqft |
6617 Vista Del Mar, Playa Del Rey, CA,90293 | $2,050,000 | 5 | 4 | 2,621 | 2700 Sqft |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 05/18/2024 @ 00:50
MLS: PW24088042
LISTED BY: Woody Stahl, Lyon Stahl Investment Real Est
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.