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    8517 Pershing Dr

    Playa Del Rey, CA 90293
    • $2,491,000
    • STATUS: Active
    • ON SITE: 265 days
    • ID#: 20-549144
    UPDATED: 24 min ago
    $2,491,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,464
      SQFT
    • $719
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    This is not a stand alone sale. THREE BUILDINGS/16 UNITS: 8517 (4 UNITS), 8521 (6 UNITS) AND 8527 ( 6 UNITS) PERSHING DR. are sold only as an assemblage. Total list price for all three buildings is $7,950,000. Three blocks from the beach, This is 13,600 sf of property (living space) on a 15,001 sf lot is zoned LAC-2. According to LA City Planning, the property supports 34 possible units. Develop, remodel or buy and hold. Currently 3 units (Two 1-bedroom and One 2-bedroom) are tenant-free and can be viewed on request. Prime location in the hub of Silicon Beach. Close to Manhattan, Venice, Marina Del Rey, Playa Vista and Culver City. Near transportation, shopping, schools and business. 10 double private garages and laundry on site. Commercial alley at rear of Property. 59% potential income upside

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-22T16:42:54.803. 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.
    www.randyplaice.com/homes/102776510
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    8517 Pershing Dr Playa Del Rey, CA 90293

    • Price: $2,491,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: 20-549144
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,464
    SQFT
    $719
    $/SQFT
    1954
    Built
    Neighborhood:
    Playa Del Rey
    County:
    Los Angeles
    Area:
    Playa Del Rey
    Property Description
    This is not a stand alone sale. THREE BUILDINGS/16 UNITS: 8517 (4 UNITS), 8521 (6 UNITS) AND 8527 ( 6 UNITS) PERSHING DR. are sold only as an assemblage. Total list price for all three buildings is $7,950,000. Three blocks from the beach, This is 13,600 sf of property (living space) on a 15,001 sf lot is zoned LAC-2. According to LA City Planning, the property supports 34 possible units. Develop, remodel or buy and hold. Currently 3 units (Two 1-bedroom and One 2-bedroom) are tenant-free and can be viewed on request. Prime location in the hub of Silicon Beach. Close to Manhattan, Venice, Marina Del Rey, Playa Vista and Culver City. Near transportation, shopping, schools and business. 10 double private garages and laundry on site. Commercial alley at rear of Property. 59% potential income upside
    Exterior Features

    Lot Size Area 5000 Other Structures Other Parking Garage Garage - 2 Car Pool YN No Tennis YN No Total Parking 2

    Interior Features

    Baths Total 4.00 Cooling None Den No Dining Room No Equipment CableGarbage DisposalRange/OvenRefrigeratorVented Exhaust Fan Family Room No Heating Wall Gas

    Property Features

    Gross Income 77610 Gross Operating Income 77180 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 34215.00 Number Of Buildings 3 Number Of Units 4 Sale Type Standard Source Living Area Appraiser Source Lot Size Area Assessor Total Annual Expense 43725 Type Of Units Apts. Zoning Lac2

    Listing provided courtesy of Thomas Corte DRE#01323411 of Era Matilla Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-22T16:42:54.803. 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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    27720 Dickason Drive
    Valencia CA, 91355