8324 W Manchester Ave - Apartments FOR SALE


Playa Del Rey, CA 90293
$2,875,000 USD
424-239-5903
8324 W Manchester Ave, Playa Del Rey, CA for Sale
$2,875,000 USD
Apartments - FOR SALE
1/6
null | 5.32% Cap Rate

8324 W Manchester Ave
Playa Del Rey, CA 90293


HIGHLIGHTS

  • 5.32% CAP on Actual | 12.58 GRM
  • Long-term hold by current owner since 2005 (20 years)
  • Seismic Retrofitting Completed
  • LAX Proximity – blocks to the beach, access to West LA and South Bay

OVERVIEW

8324 W. Manchester Avenue is a well-maintained eight-unit apartment building strategically located in the heart of Playa del Rey, one of Los Angeles’s most desirable coastal communities. Built in 1959, this classic mid-century property sits on a 7,375 SF lot and offers 5,789 SF of living space. The building features a diverse unit mix with studio, one-bed, two-bed and three-bed units, providing comfortable living spaces for long-term residents.

FOR SALE DETAILS

PRICE

$2,875,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

8

PRICE/UNIT

$359,375

CAP RATE

5.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manchester Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,540 SF

ZONING

LAR3

APN/PARCEL ID

4118-004-007

ASK ABOUT THIS PROPERTY

Steffan BraunlichBerkadiaMore Info
424-239-5903

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

Steffan BraunlichBerkadiaMore Info
424-239-5903

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