Property Type:Residential Income (Multi-Family)
On Site:5 Days
Lot Size:6,372 Sq. Ft.
Investment opportunity! 5 Blocks from the Ocean! Centrally located between Playa Vista, Playa del Rey, restaurants and the beach. 5 units total. Perfect owners unit has 3 bedrooms and 2 baths. Additionally there are two 1 bedroom, 1 bath units and two 2 bedroom, 2 bath units. There are 5 private enclosed garages. Each unit has its own laundry.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:8351 W Manchester Ave Playa Del Rey, CA 90293
Area:C31 - Playa Del Rey
City:Playa Del Rey
Building Area: 4740.0
Number of Buildings: 1
Total Units: 5
Unit 1: 1 Unit•3 Beds•2 Baths•Unfurnished•$3,850 actual rent•$3,850 total rent•$3,850 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,250 actual rent•$2,250 total rent•$2,250 pro forma
Unit 3: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,250 actual rent•$2,250 total rent•$2,250 pro forma
Unit 4: 1 Unit•2 Beds•2 Baths•Unfurnished•$2,600 actual rent•$2,600 total rent•$2,600 pro forma
Unit 5: 1 Unit•2 Beds•2 Baths•Unfurnished•$2,700 actual rent•$2,700 total rent•$2,700 pro forma
Garage Spaces: 5.0
Parking Features: Driveway, Garage
Parking Total: 9.0
Features / Amenities
Appliances: Dishwasher, Exhaust Fan, Disposal, Vented Exhaust Fan, Water Heater
Laundry: Common Area, Laundry Room
Door Features: Mirrored Closet Door(s), Sliding Doors
Common Walls: 2+ Common Walls
Heating: Wall Furnace
Lot Size: 0.15 Acres / 6,372 Sq. Ft.
Lot Features: Item01UnitAcre
Sewer: Public Sewer
Directions:On Manchester Ave, 1 Block E of Pershing Drive
Tax and Financial Info
Gross Income: $165,800
Gross Scheduled Income: $165,800
Net Operating Income: $110,262
Electric Expense: $1,300
Fuel Expense: $900
Gardener Expense: $1,900
Insurance Expense: $2,300
Water/Sewer Expense: $4,200
Operating Expense: $15,600
Terms: Cash, CashtoNewLoan
Land Lease: No
Listing provided courtesy of Bill Ruane, RE/MAX Estate Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of October 17, 2021. 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.