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8222 Pershing Dr
Playa Del Rey, CA 90293 Playa Del Rey

$1,990,000 USD

Multifamily For Sale  •  2,296 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,296 SF
  • Lot Size 0.12 AC
  • Year Built 1961
  • Cap Rate 4.91 %
  • Zoning LAR2
40 Transit Score
50 Walk Score

Highlights

Fully Renovated – Two units delivered in true turn-key condition with modern kitchens, baths, flooring and fixtures.
Walkable Beach Location – Steps from the sand and the coastal bike path, in one of LA’s most supply-constrained beach submarkets.
Westside Renter Demand – Diversified pull from Silicon Beach, Playa Vista, Marina del Rey, LMU, and the LAX employment base.
Outdoor Lifestyle Amenity – Private backyard with above-ground jacuzzi supports premium coastal positioning and tenant retention.
Stabilized In-Place Income – $10,450 in current monthly rent with proforma upside to a $11,250 market rate.
Portfolio Optionality – Adjacent duplex availability creates a rare four-unit assemblage opportunity within Playa del Rey.
Cap Rate: 4.91 %

Amenities

  • Dishwasher
  • Disposal
  • Kitchen
  • Refrigerator
  • Oven
  • Yard
  • Deck
  • Vinyl Flooring
  • Quartz Countertops

Public Transportation

AirportDriveWalkDistance
Los Angeles International 8 min - 4.3 mi
Long Beach (Daugherty Field) 31 min - 22.2 mi
Bob Hope 37 min - 25.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Nabil Awada 310-844-9362 Matthews Real Estate Investment Services
Nabil Awada 310-844-9362 Matthews Real Estate Investment Services