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$1,949,000
Est. payment /mo
5 Beds
4 Baths
2,296 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,296 sqft
Price per Sqft $848
MLS Listing ID 26990369
Bedrooms 5
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1961
Lot Size 5,000 Sqft
Property Description
8222 Pershing Drive offers the opportunity to acquire a fully renovated, turn-key duplex in Playa del Rey, one of the Westside's most sought-after coastal communities. Located a short walk from the beach, the property combines stable in-place income with quality finishes and strong long-term demand drivers.The property consists of two units totaling 2,296 square feet on a 5,000 square foot LAR2-zoned lot: a spacious 3 bed / 2 bath and a well-appointed 2 bed / 2 bath. Both units feature modern finishes and quality upgrades throughout, with no anticipated near-term capital needs.The 2 bed unit is leased through March 31, 2027 and the 3 bed unit through May 31, 2027, providing secure income today and near-term flexibility for a new owner. Investors can re-lease at market as the leases roll, while owner-users have a clear path to occupy one unit and offset their ownership costs with income from the other. Outdoor space is a standout feature, with a private backyard, spa, and dedicated entertaining area, an amenity that consistently drives tenant demand and premium rents in coastal markets. Combined with Playa del Rey's limited supply and enduring appeal as a beach community, the property is well positioned for long-term value. Playa del Rey benefits from a deep and diverse tenant and buyer pool, supported by its proximity to the beach, LAX, and the 90, 405, and 105 freeway corridors. Major employment and education hubs, including Playa Vista's Silicon Beach tech campuses, Marina del Rey, and Loyola Marymount University, are all within minutes. This community continues to attract both long-term renters and owner-users drawn to its coastal, small-town feel with convenient access to the Westside's primary demand drivers. MOTIVATED SELLER.
Location
State CA
County Los Angeles
Area C31 - Playa Del Rey
Zoning LAR2
Rooms
Other Rooms Gazebo
Interior
Heating Central
Fireplace No
Appliance Dishwasher, Disposal, Dryer, Washer
Exterior
Parking Features Driveway, Garage, Garage Door Opener
Total Parking Spaces 2
Building
Story 1
Entry Level Multi/Split
Level or Stories Multi/Split
Additional Building Gazebo
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4115005019
Financing Conventional
Special Listing Condition Standard
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Listed by Nabil Awada Matthews Real Estate Investment Services #02046840
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