7851 Talbert St | Image 1

$2,100,000

Sold

6 months ago

MLS® 25602025

7 Bed

8 Bath

4937 sqft

14 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4937 sqft
Garage Yes
HOA Fees 
Taxes 
Approx. Age 1960
Avg. Price Per Sqft $425
MLS® Number 25602025

Property Address: 7851 Talbert St, Playa del Rey, CA, 90293-8425

Average square foot calculated using Size range provided by listing agent.

Description

This six-unit building, located at 7851 W Talbert Street in the beautiful beachside community of Playa del Rey, represents a prime investment opportunity and a true trophy property. The property consists of a large unit mix, including one 2-bedroom/2-bathroom unit, one 2-bedroom/1.5-bathroom unit, one 2-bedroom/1-bathroom unit and three 1-bedroom/1-bathroom units. The building offers a total of 4, 937 square feet of living space situated on a 4, 849 square foot lot. Built in 1960, this well-maintained property is listed at $2, 100, 000 equating to $350, 000 per unit and $425 per rentable square foot. The property currently generates $14, 166 per month and $169, 993 per year in rental income, with a potential increase to $18, 115 per month and $217, 380 per year at market rent levels, reflecting a significant 28% rental upside potential. All tenants are currently on MTM leases with the exception of unit #4 which is currently vacant. The property's exterior and walkways were recently pressure washed. The owner hired a professional painting company to paint the entire exterior, including trim, handrails, and all 6 garages. The roof was completely recoated with two coats of silicone that is warrantied up to 10 years. All these improvements have successfully revamped this gem into a beautiful, modern looking and easy to maintain property for the new owners. Give us a call to discuss ADU potential. There is garage space for at least one if not two ADUs.
MLS® Number25602025
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1960
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Oct 29, 2025End Date
$2,050,000Sold Price

Sold

Oct 6, 2025List Date
$2,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
7851 Talbert St, Playa del Rey, CA

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