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7812 7822 W Manchester Avenue

Playa Del Rey, CA 90293
  • $5,136,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: 22146053
UPDATED: 37 min ago
$5,136,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Hamid Soroudi of Keller Williams Beverly Hills (310-432-6400)


Description

Prime Playa del Rey location, 10 min drive to Pacific Ocean. Significant upside: 29% upside in rents & 43% upside in net operating income. Excellent mix of studios, 1, 2, & 3 bedroom units. Two 6-unit properties are sold together. 13.7 x gross & 4.9% cap with rents at market. Seller will consider selling the properties individually. 7812 at $2,850,000 and 7822 at $2,650,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T08:29:38.183. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127663961
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7812 7822 W Manchester Avenue Playa Del Rey, CA 90293

  • Price: $5,136,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 37 min ago
  • ID#: 22146053
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1959
Built
Neighborhood:
C31 - Playa Del Rey
County:
Los Angeles
Area:
C31 - Playa Del Rey
Property Description
Prime Playa del Rey location, 10 min drive to Pacific Ocean. Significant upside: 29% upside in rents & 43% upside in net operating income. Excellent mix of studios, 1, 2, & 3 bedroom units. Two 6-unit properties are sold together. 13.7 x gross & 4.9% cap with rents at market. Seller will consider selling the properties individually. 7812 at $2,850,000 and 7822 at $2,650,000.
Exterior Features

Carport YN Yes Parking Features CarportGarage Parking Total 12

Property Features

Association Fee 0 Garage YN Yes Gross Income 287952 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 176748 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 2 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T08:29:38.183. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Hamid Soroudi of Keller Williams Beverly Hills (310-432-6400)