Playa Del Rey, CA 90293,7718 Paseo Del Rey
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Playa Del Rey, CA 90293,7718 Paseo Del Rey
Playa Del Rey, CA 90293,7718 Paseo Del Rey
Playa Del Rey, CA 90293,7718 Paseo Del Rey
Playa Del Rey, CA 90293,7718 Paseo Del Rey

$3,375,000

Est. payment /mo

$3,495,000

3.4%
Est.Price: ?

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7718 Paseo Del Rey Playa Del Rey, CA 90293

14 Beds

11 Baths

7,786 SqFt

SOLD DATE : 12/20/2022

Key Details

Sold Price $3,375,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,786 sqft

Price per Sqft $433

MLS Listing ID 22209999

Sold Date 12/20/22

Bedrooms 14

HOA Y/N No

Year Built 1962

Lot Size 8,838 Sqft

Property Description

We are pleased to present for sale 7718 Paseo Del Rey in Playa Del Rey, CA. This charming 8-unit building has been family owned for decades. It is maintained by a professional management company and has been lovingly cared for over the years. Paseo is situated on a quaint, tree-lined street nestled off of a quiet stretch of Manchester Ave. that gives tenants direct access to all the Westside has to offer. With such close proximity to both Silicon Beach and Loyola Marymount University, tech employees and students alike will find this convenient Playa Del Rey location to be more than ideal. This combination of location, convenience, seclusion, and charm is a definite rarity and the primary reason why this investment opportunity presents incredible upside potential. Units consist of one 3-bed/2-bath, two 2-bed/2-bath, two 2-bed/1-bath, and three 1-bed/1-bath units. There is a courtyard with beautiful landscaping, a laundry room, and rear parking for all units. The soft story retrofit has been completed and a new roof was installed just last year. This is truly a turnkey gem with great long term financial prospects.

Location

State CA

County Los Angeles

Area C31 - Playa Del Rey

Zoning LAR3

Interior

Heating Forced Air

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher

Laundry Common Area

Exterior

Parking Features Carport

Total Parking Spaces 8

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 4118010020

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Renshaw • REMAX COMMERCIAL & INVESTMENT REALTY
Bought with Tony Azzi • Tony Azzi

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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