Description
Prime Playa del Rey location, 10 min drive to Pacific Ocean. Significant upside: 29% upside in rents & 43% upside in net operating income. Excellent mix of studios, 1, 2, & 3 bedroom units. Two 6-unit properties are sold together. 13.7 x gross & 4.9% cap with rents at market. Seller will consider selling the properties individually. 7812 at $2,850,000 and 7822 at $2,650,000.
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16BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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9,522SQFT
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$539$/SQFT
School Ratings & Info
Description
Prime Playa del Rey location, 10 min drive to Pacific Ocean. Significant upside: 29% upside in rents & 43% upside in net operating income. Excellent mix of studios, 1, 2, & 3 bedroom units. Two 6-unit properties are sold together. 13.7 x gross & 4.9% cap with rents at market. Seller will consider selling the properties individually. 7812 at $2,850,000 and 7822 at $2,650,000.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-24T06:44:22.227. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.