$2,375,000
$2,600,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
6 Baths
4,225 SqFt
SOLD DATE : 08/30/2022
Key Details
Sold Price $2,375,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,225 sqft
Price per Sqft $562
MLS Listing ID 22-152383
Sold Date 08/30/22
Bedrooms 9
Year Built 1959
Lot Size 5,768 Sqft
Acres 0.1324
Property Description
8219 W Manchester Avenue is a two story 5-unit apartment building located in the heart of Playa del Rey steps from the Beach. Built in 1959, the building offers a great unit mix of 1-, 2-, and 3-bedroom with two (2) of the units being delivered vacant for immediate rental upside potential. The tenant are responsible for their own gas, electricity, and TRASH making this an easy building to manage with low operating expenses. The property features five (5) surface parking spaces in the back, a 2-car garage that is currently not being used, an on-site laundry facility leased by the landlord, hardwood floors, original bath tiles, new windows, and more. The unused garage space is the perfect candidate for a savvy investor to add an extra unit to this property by converting it into an Accessory Dwelling Unit (ADU). 8219 W Manchester Avenue represents a unique opportunity to acquire a pride of ownership property in a great beach town neighborhood of LA. With this rare buying opportunity, you can immediately renovate the two (2) vacant units, explore ADU conversations, and enjoy the healthy rental income that owning by the beach provides.
Location
State CA
County Los Angeles
Area Playa Del Rey
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Other
Laundry Community
Exterior
Garage Covered Parking
Garage Spaces 7.0
Building
Story 2
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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