Playa Del Rey, CA 90293,7701 W Manchester AVE
Playa Del Rey, CA 90293,7701 W Manchester AVE
Playa Del Rey, CA 90293,7701 W Manchester AVE
39
$3,200,000
$3,275,000
2.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8,502 Sqft Lot

7701 W Manchester AVE Playa Del Rey, CA 90293

Est. payment /mo
SOLD DATE : 06/07/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Lawrence Joseph Cech, CNE

Lawrence Joseph Cech, CNE

+1(215) 519-8300

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $3,200,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24088042

Sold Date 06/07/24

HOA Y/N No

Year Built 1959

Lot Size 8,502 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C31 - Playa Del Rey

Zoning LAR3

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Biking

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4114024008

Acceptable Financing Conventional

Listing Terms Conventional

Financing Seller Financing

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Woody Stahl • Lyon Stahl Investment Real Est • broker@lyonstahl.com
Bought with Joseph Stahl • Lyon Stahl Investment Real Estate, Inc.

GET MORE INFORMATION

Lawrence Joseph Cech, CNE

Agent | License ID: 2212873

+1(215) 519-8300

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.