7701 W Manchester Avenue, Playa del Rey, CA

7701 W Manchester Avenue, Playa del Rey, CA, USA

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2551 m2

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California

Description

7701 W Manchester Ave is a beautiful garden-style apartment building in Playa Del Rey. This two-story property features a strong unit mix, including (1) 3-bed/2-bath unit, (1) 2-Bed/2-Bath, (3) 2-bed/1-bath units, (2) 1-bed/1-bath units, and (3) studios. The property also includes a large courtyard that benefits from plenty of natural light with well-kept plants and a patio set-up. With strong in-place income, a buyer can capitalize on a 4.71% CAP Rate with potential for 35% upside on rents. Situated in a desirable area near PDR's retail and dining options, as well as Loyola Marymount University, this property offers a prime investment opportunity in a sought-after neighborhood. Schedule a Private Showing

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$3.28 M

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Woody Stahl

$3.28 M
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Woody Stahl