Address
8517 Pershing Drive Playa del Rey, CA
Price
$ 2,500,000
Property Attributes
  • MLS#0020654276
  • TypeIncome
  • CountyLOS ANGELES
  • CityPlaya del Rey
  • AreaPlaya Del Rey
  • Zip90293
  • Style
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
ERA Matilla Realty
Property Description

This is not a stand-alone sale. It is an assemblage of THREE BUILDINGS/16 UNITS; 8517 PERSHING, 8521 PERSHING, & 8527 PERSHING DR. All three lots are sold as one package (combined listed price is $7,450,000). the assemblage consists of 13,600 sf. of living space on a 15,001 sf lot. Currently 7 units are vacant. Per LA City Planning, 34 units are approved on the site. It assemblage is zoned LAC-2, allowing retail/office on the first level with additional residential units above. Height limit is 44 ft. There is commercial alley access in back and retail has no easement (buildable to sidewalk). Prime hub location to Silicon Beach commercial development on Westchester Parkway. Close to LAX, Manhattan Beach, Playa Vista, Culver City and Marina Del Rey. Buy and hold-59% upside income potential. Or build to suit when conditions are more favorable. Great opportunity and new attractive price.

Price History
11/2/2020 Listed $2,500,000

General Features

MLS Area C31 - Playa Del Rey
Parking Features Garage - Two Door, Shared Driveway, Garage - Three Door
Senior Community Y/N No
Zoning LAC2

Interior Features

Air Conditioning Y/N No
Kitchen Appliances Disposal, Refrigerator
Total Stories 2

Exterior Features

Foundation Details None
Land Lease Type Fee
Lot Size Acres 0.11
Lot Size Area 5000.0
Lot Size Square Feet 5000.0
Lot Size Units Square Feet
Numberofunitsbuildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90293

Price
AVG $2.3M
$2.5M
Visits
AVG 14
1
Year Built
AVG 1955
1954

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.