7851 Talbert St, Playa Del Rey, CA 90293
6 Unit Apartment Building | $2,600,000 ($433,333/Unit) | 4.42% Cap Rate | Playa Del Rey, CA 90293
For Sale
Active
Asking Price $2,600,000
- Property Type
-
Multifamily
- Square Feet
- 4,937 SF
Listing Contacts
Jack Mccann
Property Overview
Location! Location! Location! This six unit building located near a quiet corner lot and just a quick drive from the beautiful beaches of Playa Del Rey offers an incredible investment opportunity to prospective buyers. The property consists of a large unit mix, including two 2BD/2BA units, one 2BD/1.5BA unit, one 2BD/1ba unit and two 1BD/1BA units. Unit #4 (2BD/1.5BA) is currently vacant and Unit #3 (1BD/1BA) can be vacant at close of escrow. Built in 1960 the property has been well maintained by previous and current owners. The property's exterior and walkways were recently pressure washed. The owner hired a professional painting company to paint the entire exterior, including trim, handrails, and all 6 garages. The roof was completely recoated with two coats of silicone that is warrantied up to 10 years. Rent was last raised on February 1st, 2024. Give us a call to discuss ADU potential. There is garage space for one if not two ADUs.
Property Details
- Class
- C
- Year Built
- 1960
- Stories
- 2
- Lot Size (sq. ft)
- 4,792 SF
- Units
- 6
Highlights
- Two vacant units
- Many parking spaces and ADU potential
- New paint and a newly coated roof
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