Property details
Propery Type:
Apartments
Address:
7832 W Manchester Ave Playa Del Rey, CA 90293
Offering Price:
$2,025,000
Units:
6
Cap Rate:
5.02%
Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us
Investment Highlights

The Weir Group is pleased to present our newest exclusive listing in Playa Del Rey – A submarket of Los Angeles that almost never trades hands. The property is being sold for the first time since 1965 and is less than 1 mi from the ocean. The property is comprised of four 1 bedroom/1 bathroom units, a 2 bedroom/1 bathroom unit, and a 2 bedroom/2 bathroom unit. The property has a total of 6 parking spots in the rear of the property. The property has been very well taken care of throughout the current ownership and has estimated 30%+ upside in rents . A new owner can modernize both interior and exterior and command top market rents as this neighborhood attracts young professionals, high income earners, and beach lovers. For more information, please reach out to the listing agent Jonathan Weir.

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Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us

7832 W Manchester Ave

Playa Del Rey, CA
90293
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