Address
8517 Pershing Drive Playa del Rey, CA
Price
$ 2,500,000
Property Attributes
- MLS#20654276
- TypeIncome
- CountyLOS ANGELES
- CityPlaya del Rey
- AreaPlaya Del Rey
- Zip90293
- Style
- Price$ 2,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3464
- Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Thomas Corte with 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
| Appliances | Disposal, Refrigerator |
|---|---|
| Co-Listing Agent Last Name | Dana |
| Co-Listing Agent Last Name | Wright |
| Co-Listing Agent State License # | 01439943 |
| Co-listing Agent | Dana Wright - BRE#01439943 |
| Cooling | None |
| Directions | West on Manchester Ave. to Pershing Dr. Turn left (south). Property is located on west side of Pershing. |
| Listagentaor | Malibu |
| Listing Agent | Thomas Corte - BRE#01323411 |
| Listing Agent State License | 01323411 |
| MLS Area | C31 - Playa Del Rey |
| Parking Features | Shared Driveway, Garage - Two Door |
| Price Per Square Foot | 721.71 |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Total Units | 4 |
| Zoning | LAC2 |
Interior Features
| Appliances Y/N | Yes |
|---|---|
| Total Stories | 2 |
Exterior Features
| Building Area Total | 3464.00 |
|---|---|
| Lot Size Acres | 0.1100 |
| Lot Size Area | 5000.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 5000.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Parking Y/N | Yes |
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
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Year Built
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Based on information from California Regional Multiple Listing Service, Inc. as of January 24, 2021 4:41 AM UTC 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.
