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.
MLS #
CRPW24088042
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Cooling
None
Heating
No Heating
Garage/Parking
Garage, Garage: 5 Car(s)
Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 425-9838
Co-Listing Agent
Brett Lyon
License #: 01717818
Phone: (310) 706-4066
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
7701 W Manchester Ave is a Residential Income in Playa Del Rey, CA 90293. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,275,000 and was built in 1959.
This address can also be written as 7701 W Manchester Ave, Playa Del Rey, CA 90293.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 08, 2024. For the most current information, please contact Woody Stahl, (310) 425-9838