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7851 Talbert St

Playa Del Rey, CA 90293
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 160 Days
  • MLS #: 24-424121
Under Contract
UPDATED: 63 min ago
$2,500,000
  • 7
    BEDS
  • 0.11
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,937
    SQFT
  • $506
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

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. Check out our promotional video for the property using the link featured above or on YouTube at "McCannCRE4"

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-01-21T12:42:55.423. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/153630108
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7851 Talbert St Playa Del Rey, CA 90293

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 160 Days
  • Updated: 63 min ago
  • MLS #: 24-424121
7
Beds
8
Baths
0
½ Baths
0.11
Acres
4,937
SQFT
$506
$/SQFT
1960
Built
Neighborhood:
Playa Del Rey
County:
Los Angeles
Area:
Playa Del Rey
Property Description
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. Check out our promotional video for the property using the link featured above or on YouTube at "McCannCRE4"
Exterior Features

Cross Streets Gulana Ave - W Talbert St Levels Multi/Split Lot Size Area 4864 Other Structures None Parking Garage Above Street LevelAssignedGarage Is AttachedDriveway - Pavers Total Parking 13

Interior Features

Cooling None Equipment None Heating None

Property Features

Assessed Total Value 1885739 Disclosures None Garage Income 2400.00 Gross Income 2400 Gross Operating Income 172507 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 114918.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 56379 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of John Mccann DRE#01963932 of Lyon Stahl Investment Real Estate, Inc.: 310-425-9838.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-01-21T12:42:55.423. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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