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7849 Manchester Avenue
Playa del Rey, CA 90293
Sold
7849 Manchester Avenue
Playa del Rey, CA 90293
Sold
Rare opportunity to acquire an income generating, five-unit apartment building in the heart of Playa del Rey. With its proximity to the beach, Loyola Marymount University, LAX and Silicon Beach, the Playa del Rey beach community demands premium rents. Pride of ownership care has been given to the building, two units were remodeled in 2021 and 2022, with new flooring, kitchen countertops, bathroom fixtures and fresh paint. The other three units were updated within the last 4-6 years. The units consist of three 1 bed/ 1 bath units, one 3 bed/ 2 bath unit and one 2 bed/1 bath unit. There are five parking spaces, located in the front driveway and along the side of the building. The garages are currently being used for storage by tenants, who pay an additional monthly storage fee. There is an on premise laundry room with coin operated machines. New wall heaters have been replaced in three of the units in the last two years and there have been plumbing updates with each renovation. Owners have completed the required soft-story retrofitting. This incredible investment opportunity is a stone's throw from Playa Vista, LMU, Otis, El Segundo and Marina del Rey. ** Income data is based on current rents and expenses.
PROPERTY INFORMATION
| MLS # | 23302083 | Lot Size | 6,251 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,299,000
Price Per SqFt: $ 564 |
DOM | 663 Days |
| Address | 7849 Manchester Avenue | Type | Residential Income |
| City | Playa del Rey | Sq.Ft. | 4,075 Sq. Ft. |
| Postal Code | 90293 | Garage | N/A |
| County | Los Angeles | Year Built | 1959 |
| Bed / Bath | 8 / 0 | Parking | 5 |
| Built In | 1959 | Status | Closed |
| Sold Date | 2024-03-06 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included, Community |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Disposal, Refrigerator |
| Has Cooling | No |
| Cooling Information | None |
| InteriorFeatures Information | Ceiling Fan(s) |
| SecuritySafety | Smoke Detector(s) |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,452
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/23/2023 | Price Change (Relisted) | $2,445,000 (-1.81%) |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Cory Jane Mishelevich-Birkett, Matilla Realty Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
