Sold for $3,200,000 on 06/07/24
Listing Provided by:
Woody Stahl DRE #01399621 broker@lyonstahl.com,
Lyon Stahl Investment Real Est,
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.
Bought with: Lyon Stahl Investment Real Estate, Inc.
$3,200,000
7701 W Manchester Ave, Playa Del Rey, CA 90293
13beds
12baths
6,801sqft
Mixed Use
Built in 1959
-- sqft lot
$3,140,800 Zestimate®
$471/sqft
$2,823 Estimated rent
Owner options
What's special
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.
Zillow last checked: 8 hours ago
Listing updated: June 10, 2024 at 09:16am
Listing Provided by:
Woody Stahl DRE #01399621 broker@lyonstahl.com,
Lyon Stahl Investment Real Est,
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Joseph Stahl, DRE #01399621
Lyon Stahl Investment Real Estate, Inc.
Brett Lyon, DRE #01717818
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: PW24088042
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 12
Heating
- None
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,801
- Total interior livable area: 6,801 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 5
- Uncovered spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 8,503 sqft
- Features: 6-10 Units/Acre
Details
- Parcel number: 4114024008
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking
Location
- Region: Playa Del Rey
Other
Other facts
- Listing terms: Conventional
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Estimated market value
$3,140,800