Property details
Propery Type:
Apartments
Address:
7832 W Manchester Ave Playa Del Rey, CA 90293
Offering Price:
$2,105,000
Units:
6
Cap Rate:
5.01%
Listed By
Jonathan Weir
Senior Managing Director Investments
(424) 405-3900
Contact Us
Investment Highlights

Marcus & Millichap is 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 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.

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Listed By
Jonathan Weir
Senior Managing Director Investments
(424) 405-3900
Contact Us

7832 W Manchester Ave

Playa del Rey, CA
90293
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