Skip To Content

8324 W Manchester Avenue

Playa Del Rey, CA 90293
  • $3,495,000
  • STATUS: Active
  • ON SITE: 134 Days
  • ID#: 23292483
UPDATED: 27 min ago
$3,495,000
  • 10
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,789
    SQFT
  • $604
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Steffan Braunlich of Berkadia (310-209-3200)


Description

NEW ASKING PRICE: $3,495,000. This is a rare opportunity to acquire an eight-unit apartment complex in Playa del Rey with frontage on Manchester Ave. The area has always demanded premium rents with its proximity to Loyola Marymount University, LAX, and the beach. Additionally, owners have recently replaced the roof, painted the exterior and completed the required soft-story retrofitting.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/141711803
Print Image

8324 W Manchester Avenue Playa Del Rey, CA 90293

  • Price: $3,495,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 27 min ago
  • ID#: 23292483
10
Beds
0
Baths
0
½ Baths
0.17
Acres
5,789
SQFT
$604
$/SQFT
1959
Built
Neighborhood:
C31 - Playa Del Rey
County:
Los Angeles
Area:
C31 - Playa Del Rey
Property Description
NEW ASKING PRICE: $3,495,000. This is a rare opportunity to acquire an eight-unit apartment complex in Playa del Rey with frontage on Manchester Ave. The area has always demanded premium rents with its proximity to Loyola Marymount University, LAX, and the beach. Additionally, owners have recently replaced the roof, painted the exterior and completed the required soft-story retrofitting.
Exterior Features

Parking Features CoveredDriveway Parking Total 8

Interior Features

Appliances DryerWasher Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.29 Gross Income 224460 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 150049 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371712365-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371712365-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371712365-2.jpg
Logo
Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Steffan Braunlich of Berkadia (310-209-3200)