Beds5
Baths4
Sq.Ft.2,426
Year1947
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Status:
Active
Property Type:Residential Income (Multi-Family)
MLS #:22218805
Sq. Feet:2,426
On Site:16 Days
Lot Size:4,834 Sq. Ft.
County:Los Angeles
Listing Agent/Office
Agent:Thomas Corte
Office:Era Matilla Realty
We are proud to offer this opportunity to purchase a unique view Playa Del Rey Beach/Lagoon duplex (APN: # 4116-011-008). Resting on a 4834 sq.ft. elevated lot, this duplex is perfect for an owner user who would enjoy a beach retreat from the city. Top level 3 + 2 + Loft will be delivered vacant at COE. Can also be an exciting development project for an investor envisioning the highest and best use of the property. A total of 5 bedrooms and 4 baths at a location in close proximity to the beach and downtown Playa Del Rey. A perfect location; the Central Hub of Silicon Beach. Big second floor views of the Marina and Ballona Wetlands. Both units feature hardwood floors, fully updated interior. 3 bedrooms, 2 baths and a panoramic view loft on top level. Bottom level is completely remodeled and features large, private backyard courtyard. Three separate, private 1-car garages, extra storage and units are separately metered.
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Community Information
Address:408 Pershing Dr, Playa Del Rey, CA 90293
Area:C31 - Playa Del Rey
County:Los Angeles
City:Playa Del Rey
Zip Code:90293
Architecture
Bedrooms:
5
Bathrooms:
4
Year Built:1947
Stories:2
Building Area: 2426.0
Number of Buildings: 1
Total Units: 2
Stories Total: 2
Unit 1: 408 Units • 2 Beds • 2 Baths • Unfurnished • $3,850 actual rent • $3,850 total rent • $4,200 pro forma
Unit 2: 410 Units • 3 Beds • 2 Baths • Unfurnished • $4,500 actual rent • $4,500 total rent • $4,900 pro forma
Parking Features: Door-Multi, Garage, Shared Driveway, Side By Side
Parking Total: 3.0
Features / Amenities
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Other Structures: Shed(s)
Heating: Natural Gas, Wall Furnace
Property Features
Lot Size:
0.11 Acres / 4,834 Sq. Ft.
Zoning:LAR2
Directions:Pershing Dr. West to Fork near Culver Blvd. Turn Left toward the Beach. On South side of "Little Pershing"
Tax and Financial Info
Cap Rate: 2.85
Gross Income: $100,200
Net Operating Income: $63,154
Disclosures: CoastalCommissionRestrictions, CoastalZone
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408 Pershing Dr Playa Del Rey, CA 90293
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Based on information from California Regional Multiple Listing Service, Inc. as of March 26, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
