8400 Pershing

    Playa Del Rey, CA 90293
    • $4,250,000
    • STATUS: Active Under Contract
    • ON SITE: 77 days
    • ID#: SB19212659
    Under Contract
    UPDATED: 148 min ago
    $4,250,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,552
      SQFT
    • $403
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    Beautiful 10+1 unit complex consisting of 9 oversized one bedroom units and 1 two bedroom unit and a few blocks to the beautiful California Beaches. Most units feature either a huge patio or balcony area. Below the structure is a 10 car garage and two parking spaces outside. Separately metered for Gas and Electric. Recent upgrades include new double and triple pane windows and glass sliders.This property is located within the zone of LA City Rent Control.Owner pays utilities for Extra unit and the attached Nonconforming unit.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-22T00:27:59.237. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98694297

    8400 Pershing Playa Del Rey, CA 90293

    • Price: $4,250,000
    • Status: Active Under Contract
    • Updated: 148 min ago
    • ID#: SB19212659
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    10,552
    SQFT
    $403
    $/SQFT
    1970
    Built
    Neighborhood:
    C31 - Playa Del Rey
    County:
    Los Angeles
    Area:
    C31 - Playa Del Rey
    Property Description
    Beautiful 10+1 unit complex consisting of 9 oversized one bedroom units and 1 two bedroom unit and a few blocks to the beautiful California Beaches. Most units feature either a huge patio or balcony area. Below the structure is a 10 car garage and two parking spaces outside. Separately metered for Gas and Electric. Recent upgrades include new double and triple pane windows and glass sliders.This property is located within the zone of LA City Rent Control.Owner pays utilities for Extra unit and the attached Nonconforming unit.
    Exterior Features

    Garage Spaces 10.00 Lot Features 0-1 Unit/Acre Lot Size Source Appraiser Lot Size Units Square Feet Parking Total 12.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.36 Community Features Sidewalks Country Us Electric Expense 1.00 Elevation Units Feet Fuel Expense 1.00 Gross Income 1281.00 Gross Multiplier 19.25 Gross Scheduled Income 220740.00 Insurance Expense 4100.00 Land Lease YN No Laundry YN Yes Maintenance Expense 7500.00 Net Operating Income 142804.00 New Construction YN No New Taxes Expense 47500.00 Number Of Separate Electric Meters 11 Number Of Separate Gas Meters 11 Number Of Separate Water Meters 1 Operating Expense 76832.00 Operating Expense Percent 34.81 Other Expense 5080.00 Other Expense Description Other Professional Management Expense 2000.00 Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Total Expenses 76832.00 Trash Expense 3000.00 Vacancy Allowance 1104 Water Sewer Expense 7650.00 Water Source Other Year Built Source Appraiser

    Listing provided courtesy of David Holstein of The Holstein Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-22T00:27:59.237. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592