7701 W Manchester Avenue Playa Del Rey, CA 90293
7701 W Manchester Ave is a beautiful garden-style apartment building in Playa Del Rey. This two-story property features a strong unit mix, including (1) 3-bed/2-bath unit, (1) 2-Bed/2-Bath, (3) 2-bed/1-bath units, (2) 1-bed/1-bath units, and (3) studios. The property also includes a large courtyard that benefits from plenty of natural light with well-kept plants and a patio set-up. With strong in-place income, a buyer can capitalize on a 4.71% CAP Rate with potential for 35% upside on rents. Situated in a desirable area near PDR's retail and dining options, as well as Loyola Marymount University, this property offers a prime investment opportunity in a sought-after neighborhood.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site17 Days
- MLS StatusActive Under Contract
- MLS ID NumberPW24088042
- Home Size Source N/A
- Year Built1959
- Lot Size0.1952 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Garage
- Parking Spaces 9
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.1952
- Water Public
- Garage Spaces 5
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating None
- Fireplace Features None
- Laundry Features Common Area
- Fireplace No
Exterior Features
- Pool Features None
- Lot 6-10 Units/ Acre
Community Features
- Community Features Biking
- Senior Community No
- MLS Area C31 - Playa Del Rey