CA > Playa Del Rey (los Angeles)
Playa Del Rey (los Angeles), CA 90293,7851 Talbert Street
Playa Del Rey (los Angeles), CA 90293,7851 Talbert Street
Playa Del Rey (los Angeles), CA 90293,7851 Talbert Street
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$2,425,000
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4,937 SqFt
Active

7851 Talbert Street Playa Del Rey (los Angeles), CA 90293

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,937 sqft

Price per Sqft $491

MLS Listing ID CL25522551

HOA Y/N No

Year Built 1960

Lot Size 4,864 Sqft

Acres 0.11

Property Sub-Type Other

Property Description

This six-unit building, located at 7851 W Talbert Street in the beautiful beachside community of Playa del Rey, represents a prime investment opportunity and a true trophy property. The property consists of a large unit mix, including one 2-bedroom/2-bathroom unit, two 2-bedroom/1.5-bathroom unit, and three 1-bedroom/1-bathroom units. The building offers a total of 4,937 square feet of living space situated on a 4,849 square foot lot. Built in 1960, this well-maintained property is listed at $2,425,000 equating to $404,167 per unit and $491 per rentable square foot. The property currently generates $15,291 per month and $183,493 per year in rental income, with a potential increase to $18,940 per month and $227,280 per year at market rent levels, reflecting a significant 24% rental upside potential. All tenants are currently on MTM leases with the exception of unit #3 and unit #4 which are currently vacant. 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. All these improvements have successfully revamped this gem into a beautiful, modern looking a

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Building

New Construction No

Others

Tax ID 4118001018

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by John McCann • Lyon Stahl Investment Real Estate, Inc.

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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