7851 West Talbert Street

Sold 10/29/25

Sold

Last Sold Price

$2,050,000

7 beds8 baths4,937 sqft$415/sqft

7851 W Talbert St, Playa del Rey, CA 90293

Multi FamilyProperty Type

4,864 sq ftLot Size

1960Year Built

$415/sq ftPrice per sq ft

14 carsParking Spaces

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, one 2-bedroom/1.5-bathroom unit, one 2-bedroom/1-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...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, one 2-bedroom/1.5-bathroom unit, one 2-bedroom/1-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 $2,100,000 equating to $350,000 per unit and $425 per rentable square foot. The property currently generates $14,166 per month and $169,993 per year in rental income, with a potential increase to $18,115 per month and $217,380 per year at market rent levels, reflecting a significant 28% rental upside potential. All tenants are currently on MTM leases with the exception of unit #4 which is 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 and easy to maintain property for the new owners. Give us a call to discuss ADU potential. There is garage space for at least one if not two ADUs.

Listed by: John McCann DRE #01963932 Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Listing closed: 10/29/2025 12:00 AM • Source: CLAW, MLS#: 25602025

Recent comparable sales

Median sold price

$2,150,000

Avg days on market

Sale-to-list ratio

94.0%

1/3

$2,000,000

Sold 08/03/26

8
Bedrooms: 7
Bathrooms: 4,712
Square Feet: 0.14
Acres

7832 West Manchester Avenue, Playa del Rey, CA 90293

1/21

$1,875,000

Sold 04/22/25

6
Bedrooms: 6
Bathrooms: 3,120
Square Feet: 0.11
Acres

442 Manitoba Street, Playa del Rey, CA 90293

1/42

$2,150,000

Sold 11/18/25

6
Bedrooms: 2
Bathrooms: 1,872
Square Feet: 0.06
Acres

100 Montreal Street, Unit 100/102, Playa del Rey, CA 90293

1/24

$1,700,000

Sold 01/06/26

6
Bedrooms: 3
Bathrooms: 2,328
Square Feet: 0.06
Acres

116 Rees Street, Playa del Rey, CA 90293

1/64

$2,575,000

Sold 10/03/24

6
Bedrooms: 7
Bathrooms: 6,470
Square Feet: 0.12
Acres

7924 Berger Avenue, Playa del Rey, CA 90293

1/47

$2,825,000

Sold 11/14/24

6
Bedrooms: 5
Bathrooms: 4,738
Square Feet: 0.12
Acres

7137 Trask Avenue, Playa del Rey, CA 90293

1/9

$2,300,000

Sold 04/15/26

12
Bedrooms: 12
Bathrooms: 7,240
Square Feet: 0.19
Acres

7769 St Bernard Street, Playa del Rey, CA 90293

$1,865,000

Sold 05/13/25

9
Bedrooms: 6
Bathrooms: 4,351
Square Feet: 0.14
Acres

8124 West 83rd Street, Playa del Rey, CA 90293

$8,250,000

Sold 03/25/25

7
Bedrooms: 10
Bathrooms: 10,887
Square Feet: 0.16
Acres

7306 Vista Del Mar Lane, Playa del Rey, CA 90293

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Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John McCann, DRE #01963932

Sold By Sherwood Forest Development Group, Inc., Evelyn Benson, DRE #01934595

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$12,440 per month

30 year fixed, 6.55% Interest

Principal and Interest

$10,420

Property Taxes

$2,020

HOA Dues

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Property Information for 7851 West Talbert Street

Property Details

MLS Type: Residential Income
County: Los Angeles County
Zoning: LAR3
Parcel Number: 4118001018
Total Units: 6.0
Living Area: 4937
Source Living Area: Vendor Enhanced
Area: Playa Del Rey (C31)
Vacancy Rate: Yes
Lot Size Area: 4864
Source Lot Size Area: Vendor Enhanced
Assessor Parcel Number: 4118-001-018
Directions: On Talbert St.

Building Information

Stories: 2
Year Built: 1960
Lot Size: 0.11 AC / 4,864 SF

Community / Development

Number Of Units: 6
Senior Community: No

Structure Info

Year Built Source: Vendor Enhanced
Number Of Stories: 2

Number Of Buildings: 1
Type Of Units: Apartment
Water Heaters: Yes

Contract Info

Disclosures: None
Listing Type: Exclusive Agency

Service Level: Full Service

Income & Expenses Information

Scheduled Actual: Scheduled
Gross Operating Income: $167,293

Net Operating Income: $114,974.00
Gross Income: $169,993
Cap Rate: 5.53%
Gross Rent Multiplier: $12.94
Total Annual Expense: 52319

Land / Lot Info

Lot Acreage: 0.1117
Lot Size Square Feet: 4864

Parking Details

Parking Garage: Driveway, Garage - 1 Car
Total Parking: 14

Open Other Spaces Total: 8
Garage Spaces Total: 6
Parking Features: Driveway, Garage - Single Door

Interior Features

Levels: Multi/Split
Cooling: Wall/Window

Cooling Type: Wall/Window
Heating: Wall
Heating Type: Wall
Equipment: None

Exterior Features

New Construction: No
Other Structures: None

Lease Terms

Entry Date: 10-06-2025

Unit Details

Unit 1 Information

Unit Beds: 2
Unit Baths: 2

Unit Furnished: No
Unit Rent: $2,915.00
Unit Actual Rent: $2,915.00
Unit Projected Rent: $3,725.00
Like Units: 1

Unit 2 Information

Unit Beds: 1
Unit Baths: 1

Unit Furnished: No
Unit Rent: $1,563.00
Unit Actual Rent: $1,563.00
Unit Projected Rent: $2,675.00
Like Units: 1

Unit 3 Information

Unit Beds: 1
Unit Baths: 1

Unit Furnished: No
Unit Rent: $2,195.00
Unit Actual Rent: $2,195.00
Unit Projected Rent: $2,495.00
Like Units: 1

Unit 4 Information

Unit Beds: 2
Unit Baths: 2

Unit Furnished: No
Unit Rent: $2,950.00
Unit Actual Rent: $2,950.00
Unit Projected Rent: $2,950.00
Like Units: 1

Unit 5 Information

Unit Beds: 2
Unit Baths: 1

Unit Furnished: No
Unit Rent: $2,372.00
Unit Actual Rent: $2,372.00
Unit Projected Rent: $3,595.00
Like Units: 1

Unit 6 Information

Unit Beds: 1
Unit Baths: 1

Unit Furnished: No
Unit Rent: $2,171.00
Unit Actual Rent: $2,171.00
Unit Projected Rent: $2,675.00
Like Units: 1

Unit Details

Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111

Tax and Assessed Info

Assessed Improvement Value: $420,218.00
Assessed Improvement Percent: 21.85

Assessed Land Value: $1,503,235.00
Assessed Land Percent: 78.15
Assessed Total Value: $1,923,453.00

Property History for 7851 West Talbert Street

Date	Event & Source	Price	Appreciation
Oct 29, 2025	Sold CLAW #25602025	$2,050,000	—
Oct 29, 2025	Sold CRMLS #25602025	$2,050,000	—
Oct 29, 2025	Pending CLAW #25602025		—
Oct 23, 2025	Sold (Public Record) Public Record #1917506935	$2,050,000	+1.8% / yr
Oct 6, 2025	Withdrawn / Cancelled CLAW #25522551		—
Oct 6, 2025	Listed (Active) CLAW #25602025	$2,100,000	—
Oct 6, 2025	Withdrawn / Cancelled CRMLS #25522551	$2,200,000	—
Oct 6, 2025	Listed (Active) CRMLS #25602025	$2,100,000	—
Sep 10, 2025	Price Change CLAW #25522551	$2,200,000	—
Aug 6, 2025	Price Change CLAW #25522551	$2,300,000	—
Aug 6, 2025	Price Change CRMLS #25522551	$2,300,000	—
May 28, 2025	Price Change CLAW #25522551	$2,350,000	—
May 28, 2025	Price Change CRMLS #25522551	$2,350,000	—
Apr 8, 2025	Withdrawn / Cancelled SDMLS #24-424121	$2,500,000	—
Apr 8, 2025	Withdrawn / Cancelled CLAW #24-424121		—
Apr 8, 2025	Listed (Active) CRMLS #25522551	$2,425,000	—
Apr 8, 2025	Withdrawn / Cancelled CRMLS #24424121	$2,500,000	—
Apr 8, 2025	Listed (Active) CLAW #25522551	$2,425,000	—
Jan 30, 2025	Price Change CLAW #24-424121	$2,500,000	—
Jan 30, 2025	Listed (Active) CLAW #24-424121	$2,600,000	—
Dec 30, 2024	Accepting Backup Offers CLAW #24-424121		—
Dec 30, 2024	Accepting Backup Offers CRMLS #24424121		—
Oct 29, 2024	Price Change CLAW #24-424121	$2,500,000	—
Oct 7, 2024	Price Change CRMLS #24424121	$2,550,000	—
Oct 7, 2024	Price Change CLAW #24-424121	$2,550,000	—
Aug 13, 2024	Listed (Active) SDMLS #24-424121	$2,600,000	—
Aug 13, 2024	Listed (Active) CRMLS #24424121	$2,600,000	—
Aug 13, 2024	Listed (Active) CLAW #24-424121	$2,600,000	—
Dec 15, 2004	Expired CLAW #04-094812	$1,495,000	—
Dec 13, 2004	Sold (Public Record) Public Record #150519140	$1,407,500	—
Sep 14, 2004	Listed (Active) CLAW #04-094812	$1,575,000	—

Date	Event & Source	Price
10/29/2025	Sold CLAW #25602025	$2,050,000
10/29/2025	Sold CRMLS #25602025	$2,050,000
10/29/2025	Pending CLAW #25602025	—
10/23/2025	Sold (Public Record) Public Record #1917506935	$2,050,000 +1.8% / yr
10/06/2025	Withdrawn / Cancelled CLAW #25522551	—
10/06/2025	Listed (Active) CLAW #25602025	$2,100,000
10/06/2025	Withdrawn / Cancelled CRMLS #25522551	$2,200,000
10/06/2025	Listed (Active) CRMLS #25602025	$2,100,000
09/10/2025	Price Change CLAW #25522551	$2,200,000
08/06/2025	Price Change CLAW #25522551	$2,300,000
08/06/2025	Price Change CRMLS #25522551	$2,300,000
05/28/2025	Price Change CLAW #25522551	$2,350,000
05/28/2025	Price Change CRMLS #25522551	$2,350,000
04/08/2025	Withdrawn / Cancelled SDMLS #24-424121	$2,500,000
04/08/2025	Withdrawn / Cancelled CLAW #24-424121	—
04/08/2025	Listed (Active) CRMLS #25522551	$2,425,000
04/08/2025	Withdrawn / Cancelled CRMLS #24424121	$2,500,000
04/08/2025	Listed (Active) CLAW #25522551	$2,425,000
01/30/2025	Price Change CLAW #24-424121	$2,500,000
01/30/2025	Listed (Active) CLAW #24-424121	$2,600,000
12/30/2024	Accepting Backup Offers CLAW #24-424121	—
12/30/2024	Accepting Backup Offers CRMLS #24424121	—
10/29/2024	Price Change CLAW #24-424121	$2,500,000
10/07/2024	Price Change CRMLS #24424121	$2,550,000
10/07/2024	Price Change CLAW #24-424121	$2,550,000
08/13/2024	Listed (Active) SDMLS #24-424121	$2,600,000
08/13/2024	Listed (Active) CRMLS #24424121	$2,600,000
08/13/2024	Listed (Active) CLAW #24-424121	$2,600,000
12/15/2004	Expired CLAW #04-094812	$1,495,000
12/13/2004	Sold (Public Record) Public Record #150519140	$1,407,500
09/14/2004	Listed (Active) CLAW #04-094812	$1,575,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7851 West Talbert Street

Taxable ValueLand$1,435,000Additions$615,000Total$2,050,000

Tax Record2025$24,237 ($2,020 / month)

Home Facts

Baths8Total Finished SqFt4,937 SqFtAbove Grade Finished SqFt4,937 SqFtLot Size4,849 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated1960ZoningLAR3CountyLOS ANGELESAPN4118-001-018

Schools near 7851 West Talbert Street

This home is within Los Angeles Unified School District.


Rating	School	Type	Grades	Distance
3/10	Loyola Village Elementary School	Public - Serves this home	K to 5	0.8 mi
10/10	Kentwood Elementary School	Public - Serves this home	K to 5	1.7 mi
5/10	Paseo Del Rey Natural Science Magnet	Public - Serves this home	K to 5	0.2 mi
2/10	Orville Wright Engineering And Design Magnet	Public - Serves this home	6 to 8	1.9 mi
5/10	Westchester Enriched Sciences Magnet Health/Sports Medicine	Public - Serves this home	9 to 12	0.4 mi
8/10	WISH Academy High School	Charter - Choice school	9 to 12	0.3 mi
NR	St. Anastasia Catholic School	Private - Nearby school	K to 8	0.5 mi
NR	St. Bernard High School	Private - Nearby school	9 to 12	0.9 mi


Rating	School	Distance
3/10	Loyola Village Elementary School PublicK to 5 Serves this home	0.8 mi
10/10	Kentwood Elementary School PublicK to 5 Serves this home	1.7 mi
5/10	Paseo Del Rey Natural Science Magnet PublicK to 5 Serves this home	0.2 mi
2/10	Orville Wright Engineering And Design Magnet Public6 to 8 Serves this home	1.9 mi
5/10	Westchester Enriched Sciences Magnet Health/Sports Medicine Public9 to 12 Serves this home	0.4 mi
8/10	WISH Academy High School Charter9 to 12 Choice school	0.3 mi
NR	St. Anastasia Catholic School PrivateK to 8 Nearby school	0.5 mi
NR	St. Bernard High School Private9 to 12 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 7851 West Talbert Street, Playa del Rey, CA 90293	$2,050,000	7	8	4,937	4,864
7841 West Talbert Street, Playa del Rey, CA 90293	$499,000	5	5	3,778	4,312
7848 West Manchester Avenue, Unit 3, Playa del Rey, CA 90293	–	–	7	6,348	6,271
7866 West Manchester Avenue, Playa del Rey, CA 90293	$800,000	2	3	1,622	19,453
7864 West Manchester Avenue, Playa del Rey, CA 90293	–	2	3	1,620	–
7860 West Manchester Avenue, Playa del Rey, CA 90293	$765,000	2	3	1,398	–
7838 West Manchester Avenue, Playa del Rey, CA 90293	$2,760,000	–	10	6,740	6,267
7858 Manchester Avenue, Unit 4, Los Angeles, CA 90293	$165,000	2	3	1,556	–
7856 Manchester Avenue, Unit 4, Los Angeles, CA 90293	$235,000	2	3	1,582	–
7862 Manchester Avenue, Los Angeles, CA 90293	$237,000	2	2.5	1,620	–
7854 Manchester Avenue, Unit 3, Los Angeles, CA 90293	$200,000	2	2.5	1,582	–
7850 West Manchester Avenue, Playa del Rey, CA 90293	$550,000	2	2.5	1,376	19,458
8510 Gulana Avenue, Playa del Rey, CA 90293	–	3	3	1,870	–
7852 West Manchester Avenue, Playa del Rey, CA 90293	–	2	3	1,609	–
7854 West Manchester Avenue, Playa del Rey, CA 90293	$975,000	2	3	1,582	19,447
7842 West Manchester Avenue, Playa del Rey, CA 90293	$735,000	10	6	4,814	6,229

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John McCann, DRE #01963932

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Playa del Rey, CA

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