Under Contract
7701 W Manchester AVE
PLAYA DEL REY CA, 90293
$3,275,000
$481.55 per sqft
Under Contract
13 Beds
12 Baths
6,801 sqft
Residential
Built in 1959
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.
PW24088042MR
MLSⓇ ID
May 2, 2024
Listed
May 9, 2024
Updated
Map
7701 W Manchester AVE
PLAYA DEL REY CA, 90293
Interior Features
Total Stories
2
Bedrooms
13
Total Bathrooms
12
Laundry Description
Laundry Area
Fireplace
Yes
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.2 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Playa Del Rey
Days on Market
6
Garage
Yes
Garage Spaces
5
Parking
Garage
Parking Total
9
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Listing History
Date | Event | Price |
|---|---|---|
5/9/2024 | Under Contract | — |
Listed by Woody Stahl with Lyon Stahl Investment Real Est
Listing Contact: 310-425-9838
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Jeni Brill | CA DRE# 02006790 | NMLS# 2539716 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 5/9/2024
