7736 Paseo del Rey - Apartments FOR SALE


Venice, CA 90293
$2,500,000 USD
310-776-0564
7736 Paseo del Rey, Venice, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/32
null | 4.64% Cap Rate

7736 Paseo del Rey
Venice, CA 90293


HIGHLIGHTS

  • Bright, oversized units with private patios/balconies
  • Long-term family ownership
  • Fantastic Playa Del Rey location
  • Well maintained and professionally managed
  • Significant remaining rental upside

OVERVIEW

***May be purchased with 8346 Manitoba*** Rob Renshaw of RE/MAX Commercial & Investment Realty and Patricia Hamada of Beach City Brokers are pleased to present a unique multifamily offering on LA's Westside. Located at 7736 Paseo Del Rey in Playa Del Rey, CA, this charming 7-unit apartment building offers a mix of spacious 3, 2, and 1-bedroom units, each designed to provide comfort and style. The units feature private patios or balconies, midcentury-style fireplaces (select units), updated flooring, and an abundance of natural light, all creating a welcoming and airy atmosphere. Residents will enjoy assigned parking and storage as well as convenient on-site laundry facilities. Tenants also have the ability to rent additional storage space at 8346 Manitoba St if desired. The property is beautifully landscaped, enhancing the serene environment. Just a short walk from the beach and the vibrant Playa Del Rey village, 7736 Paseo Del Rey offers easy access to local dining, shopping, and entertainment. Playa Del Rey is a laid-back coastal neighborhood known for its beautiful beaches, scenic views, and relaxed vibe, providing a perfect blend of urban convenience and coastal charm.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

7

PRICE/UNIT

$357,143

CAP RATE

4.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime PDR location, massive units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,560 SF

ZONING

R3

APN/PARCEL ID

4118-010-023

ASK ABOUT THIS PROPERTY

Rob RenshawRE/MAX Commercial & Investment RealtyMore Info
310-776-0564

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Rob RenshawRE/MAX Commercial & Investment RealtyMore Info
310-776-0564

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.