8222 Pershing Drive, Playa Del Rey, CA 90293

$1,990,000
5
BD
4
BA
2,296
SqFt

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List Price
$1,990,000
Status
ACTIVE
MLS#
26833587
Year Built
1961
Bedrooms
5
Bathrooms
4
Living Sq. Ft
2,296
Lot Size
5,000
Acres
0.11
Days on Market
74
Property Type
Multifamily
Stories
Multi Level

Property Description

8222 Pershing Drive presents a rare opportunity to acquire a fully renovated, turn-key coastal duplex in the heart of Playa del Rey, one of Los Angeles' most sought-after beachside communities. Located in a residential corridor just a short walk to the beach, the property combines strong in-place income, high-quality unit renovations, and durable long-term demand drivers that are increasingly difficult to find at this price point on the Westside. The asset consists of two fully upgraded units totaling 2,296 square feet on a 5,000 square foot LAR2-zoned lot. The property features a spacious 3 bedroom / 2 bathroom residence and a well-appointed 2 bedroom / 2 bathroom residence. Both units have undergone extensive renovations with modern finishes and quality upgrades throughout, providing a true turn-key investment with no anticipated near-term capital improvements required. They feature a private backyard with an above-ground jacuzzi and dedicated outdoor entertaining space, an amenity that consistently commands strong tenant demand in coastal rental markets. Additional upside is supported by Playa del Rey's strong short- and mid-term rental premiums driven by its coastal location. Playa del Rey benefits from a deep and diverse tenant and buyer pool, supported by proximity to LAX, the 90 and 105 freeway corridors, Silicon Beach employment hubs, and the beach itself. The submarket continues to attract both long-term renters and owner-users drawn to its coastal, small-town feel within minutes of major Westside demand drivers. Notably, the adjacent duplex at 8218-8220 Pershing Drive is also available for sale under the same ownership, presenting a compelling portfolio acquisition opportunity for investors seeking to achieve scale in a supply-constrained coastal submarket.

Additional Information

Other Buildings
Gazebo
Appliances
Dishwasher, Disposal, Dryer, Washer
Heat
Central
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Nabil Awada (nabil.awada@matthews.com) from Listing Office: Matthews Real Estate Investment Services.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.