Playa Del Rey, CA 90293,8219 W MANCHESTER AVE
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Playa Del Rey, CA 90293,8219 W MANCHESTER AVE
Playa Del Rey, CA 90293,8219 W MANCHESTER AVE
Playa Del Rey, CA 90293,8219 W MANCHESTER AVE
Playa Del Rey, CA 90293,8219 W MANCHESTER AVE

$2,375,000

Est. payment /mo

$2,600,000

8.7%
Est.Price: ?

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8219 W MANCHESTER AVE Playa Del Rey, CA 90293

9 Beds

6 Baths

4,225 SqFt

SOLD DATE : 08/30/2022

Key Details

Sold Price $2,375,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,225 sqft

Price per Sqft $562

MLS Listing ID 22152383

Sold Date 08/30/22

Bedrooms 9

HOA Y/N No

Year Built 1959

Lot Size 5,767 Sqft

Property Description

8219 W Manchester Avenue is a two story 5-unit apartment building located in the heart of Playa del Rey steps from the Beach. Built in 1959, the building offers a great unit mix of 1-, 2-, and 3-bedroom with two (2) of the units being delivered vacant for immediate rental upside potential. The tenant are responsible for their own gas, electricity, and TRASH making this an easy building to manage with low operating expenses. The property features five (5) surface parking spaces in the back, a 2-car garage that is currently not being used, an on-site laundry facility leased by the landlord, hardwood floors, original bath tiles, new windows, and more. The unused garage space is the perfect candidate for a savvy investor to add an extra unit to this property by converting it into an Accessory Dwelling Unit (ADU). 8219 W Manchester Avenue represents a unique opportunity to acquire a pride of ownership property in a great beach town neighborhood of LA. With this rare buying opportunity, you can immediately renovate the two (2) vacant units, explore ADU conversations, and enjoy the healthy rental income that owning by the beach provides.

Location

State CA

County Los Angeles

Area C31 - Playa Del Rey

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Cooktop, Oven

Laundry Common Area

Exterior

Parking Features Covered

Garage Spaces 2.0

Garage Description 2.0

Total Parking Spaces 7

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 4115012009

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kamfar Kyle Mirrafati • Matthews Real Estate Investment Services
Bought with Amal Abdou • Elite Real Estate & Management

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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