7718 Paseo Del Rey, Playa del Rey CA, 90293

Sold

7718 Paseo Del Rey

Playa del Rey CA, 90293

$3,375,000

$433.47 per sqft

Sold

14 Beds

11 Baths

7,786 sqft

Residential

Built in 1962

Listed by Robert Renshaw with REMAX COMMERCIAL & INVESTMENT REALTY 310-802-2500

We are pleased to present for sale 7718 Paseo Del Rey in Playa Del Rey, CA. This charming 8-unit building has been family owned for decades. It is maintained by a professional management company and has been lovingly cared for over the years. Paseo is situated on a quaint, tree-lined street nestled off of a quiet stretch of Manchester Ave. that gives tenants direct access to all the Westside has to offer. With such close proximity to both Silicon Beach and Loyola Marymount University, tech employees and students alike will find this convenient Playa Del Rey location to be more than ideal. This combination of location, convenience, seclusion, and charm is a definite rarity and the primary reason why this investment opportunity presents incredible upside potential. Units consist of one 3-bed/2-bath, two 2-bed/2-bath, two 2-bed/1-bath, and three 1-bed/1-bath units. There is a courtyard with beautiful landscaping, a laundry room, and rear parking for all units. The soft story retrofit has been completed and a new roof was installed just last year. This is truly a turnkey gem with great long term financial prospects.

22209999

MLSⓇ ID

October 18, 2022

Listed

March 23, 2024

Updated

Map

7718 Paseo Del Rey
Playa del Rey CA, 90293

Interior Features

Total Stories: 2
Bedrooms: 14 Beds
Bathrooms: 11 Baths
Appliances: Dishwasher
Laundry Description: Common Area
Fireplace: Yes
Fireplace Description: Living Room
Cooling: No
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.2 Acres

Other Property Details

Area Name: C31 - Playa Del Rey
Days on Market: 27
Garage: No
Parking: Carport
Parking Total: 8
View: No
County: Los Angeles
Pool: No
Zoning: LAR3
Buyer Agency Compensation: 1.75%

Listing Contact: 310-802-2500

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:41 AM UTC