We are pleased to present 7832 W Manchester Avenue, a pride-of-ownership multifamily asset located in the highly desirable Playa del Rey submarket of Los Angeles. This exceptionally well-maintained property offers investors a rare opportunity to acquire a turnkey asset with strong in-place cash flow and minimal deferred maintenance. Situated just… Read More moments from the beach, the property benefits from its premier coastal location, strong tenant demand, and convenient access to Silicon Beach, LAX, major employment hubs, dining, and entertainment amenities. The property has been meticulously cared for by ownership and features numerous capital improvements throughout, including fully upgraded electrical systems, copper plumbing, and a roof in excellent condition. The asset presents a true turnkey operation for an investor seeking stable income with reduced future capital expenditure exposure. Additionally, the property offers six on-site parking spaces, a highly desirable amenity in the Playa del Rey rental market. For more information, please reach out. Read Less
Property listed by Marcus & Millichap, 310-259-7556
Listing Snapshot
Days Online
20
Last Updated
Beds
8
Square Ft.
4,712
Lot Size
0.14 Acres
Year Built
1958
MLS Number
26842017
Additional Details
Appliances & Equipment
Disposal, Refrigerator
Building
Built in 1958, Living area: 4712.0, 1 building, 2 stories, Levels: Two
Cooling
None
Heating
WallFurnace
Income
Gross Income: $159,899, Net Operating Income: $105,145
Lot
0.1438 acres
Parking
6 total parking spaces, Covered
Taxes
Parcel Number: 4118001007, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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