408 Pershing Dr

Playa Del Rey, CA 90293 View Map $2,375,000 Schedule a Tour
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:11 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, these two are are perfect for an owner user who would enjoy a beach retreat from the city. An exciting development project for an investor envisioning the highest and best use of the property. A total of 5 bedrooms and 2 baths at a location in close proximity to the beach, the Marina, and downtown Playa Del Rey. The Central Hub of Silicon Beach. An island community close to Marina Del Rey, El Segundo, Manhattan Beach, Playa Vista, Culver City and Venice and just down the street from Playa Vista. Big second floor views of the Marina.Top level features hardwood floors, fully updated interior. 3 bedrooms, two baths and a panoramic view loft. Bottom level is completely remodeled and features large, private backyard courtyard. Both units have private 1-car garage, extra storage and are separately metered.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
11/16/2022$2,300,000$2,375,0003.3%

Community Information

Address:408 Pershing Dr Playa Del Rey, CA 90293
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

Schools

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408 Pershing Dr Playa Del Rey, CA 90293
GO SEE THIS LISTING
408 Pershing Dr Playa Del Rey, CA 90293
 
ASAP
Sun
27
Nov
Mon
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Nov
Tue
29
Nov
Wed
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Nov
Thu
1
Dec
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Dec
Sat
3
Dec
Choose Your Date -- It's Free, Cancel Anytime
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Based on information from California Regional Multiple Listing Service, Inc. as of November 26, 2022. 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.