8222 Pershing Dr, Unit 24

4
Baths
2,296 Sq. Ft.
$931 / Sq. Ft.
2,296
Sq. Ft.
$931
per Sq. Ft.

Description

Prime Investment Opportunity in the Heart of Playa del Rey. Located just a short walk from the beach, this exceptional property offers a rare opportunity to own a beautifully maintained duplex in one of Playa del Rey's most desirable neighborhoods. The asset features an attractive unit mix: Rear Unit: 3 Bedrooms / 2 Bathrooms currently rented at $6,750.00 per month plus utilities. Amazing backyard, W/ Above ground Jacuzzi, ready for entertainment. Front Unit: 2 Bedrooms / 2 Bathrooms will be delivered...Prime Investment Opportunity in the Heart of Playa del Rey. Located just a short walk from the beach, this exceptional property offers a rare opportunity to own a beautifully maintained duplex in one of Playa del Rey's most desirable neighborhoods. The asset features an attractive unit mix: Rear Unit: 3 Bedrooms / 2 Bathrooms currently rented at $6,750.00 per month plus utilities. Amazing backyard, W/ Above ground Jacuzzi, ready for entertainment. Front Unit: 2 Bedrooms / 2 Bathrooms will be delivered vacant. Both units have been recently and fully upgraded, showcasing quality finishes and modern improvements throughout. The property has been meticulously maintained and presents true pride of ownership. Exceptionally great for an owner occupied or Airbnb/ Rental options. This is a one-of-a-kind investment offering strong in-place income with additional upside potential through the vacant unit, making it ideal for both investors and owner-users seeking flexibility in a prime coastal location. Ideal location, Beach, Freeways, shops, LAX and major business centers. Don't miss it.
  1. Listed by Heba Abulazm • DRE #01391926 • Brokerage DRE #01448220 • Real Estate Source, Inc.

Property Details for 8222 Pershing Drive, Unit 24

Zoning
LAR2
Parcel Number
4115005019
Total Units
2.0
Living Area
2296
Source Living Area
Assessor
Area
Playa Del Rey (C31)
Vacancy Rate
0
Lot Size Area
5000
LISTING UPDATED: 01/18/2026 10:46 AM

Property Details for 8222 Pershing Drive, Unit 24

StatusActive
MLS #26634239
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.11 AC / 5,000 SF
CountyLos Angeles County

Location

Listing Courtesy of Real Estate Source, Inc., Heba Abulazm, DRE #01391926
Add your commute

Building Information for 8222 Pershing Drive, Unit 24

Stories-Residences-Year Built1961Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$10,415 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,415

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8222 Pershing Drive, Unit 24

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • Unit Number: 24
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: AITD, Cash To New Loan, Conventional, Submit
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $130,800
  • Net Operating Income: $105,616.00
  • Gross Income: $130,800
  • Cap Rate: 5.39%
  • Gross Rent Multiplier: $16.03
  • Actual Gross Annual Income: $130,800
  • Owner Pays: Water
  • Total Annual Expense: 25184
Land / Lot Info
Land / Lot Info
  • Alternate Street Name: 0
  • Lot Acreage: 0.1148
  • Lot Size Square Feet: 5000
Parking Details
Parking Details
  • Parking Garage: Attached, Door Opener, Driveway
  • Total Parking: 2
  • Parking Features: Garage Door Opener, Driveway
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Garbage Disposal, Dryer
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Gazebo
Lease Terms
Lease Terms
  • Entry Date: 01-07-2026
  • Listing Terms: All Inclusive Trust Deed, Conventional, Cash To New Loan
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Other
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: Yes
  • Unit Rent: $6,750.00
  • Unit Actual Rent: $6,750.00
  • Unit Projected Rent: $6,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,750.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 1
  • Number Patio: 1
  • Number Refrigerator: 2
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $526,320.00
  • Assessed Improvement Percent: 26.81
  • Assessed Land Value: $1,437,180.00
  • Assessed Land Percent: 73.19
  • Assessed Total Value: $1,963,500.00

Property History for 8222 Pershing Drive, Unit 24

DateEvent & SourcePriceAppreciation
Jan 7, 2026

Listed (Active)

CRMLS #26634239

$2,137,000—
Jan 7, 2026

Listed (Active)

CLAW #26634239

$2,137,000—
Dec 13, 2023

Sold

CLAW #23-339122

$1,925,000—
Dec 13, 2023

Pending

CLAW #23-339122

—
Dec 13, 2023

Sold

SDMLS #23-339122

$1,925,000—
Dec 13, 2023

Sold

CRMLS #23339122

$1,925,000—
Dec 13, 2023

Pending

SDMLS #23-339122

—
Nov 8, 2023

Listed (Active)

CRMLS #23339122

$1,925,000—
Nov 8, 2023

Listed (Active)

SDMLS #23-339122

$1,925,000—
Nov 8, 2023

Listed (Active)

CLAW #23-339122

$1,925,000—
DateEvent & SourcePrice
01/07/2026

Listed (Active)

CRMLS #26634239

$2,137,000
01/07/2026

Listed (Active)

CLAW #26634239

$2,137,000
12/13/2023

Sold

CLAW #23-339122

$1,925,000
12/13/2023

Pending

CLAW #23-339122

—
12/13/2023

Sold

SDMLS #23-339122

$1,925,000
12/13/2023

Sold

CRMLS #23339122

$1,925,000
12/13/2023

Pending

SDMLS #23-339122

—
11/08/2023

Listed (Active)

CRMLS #23339122

$1,925,000
11/08/2023

Listed (Active)

SDMLS #23-339122

$1,925,000
11/08/2023

Listed (Active)

CLAW #23-339122

$1,925,000

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

Schools near 8222 Pershing Drive, Unit 24

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Loyola Village Elementary School
PublicK to 5

Kentwood Elementary School
PublicK to 5

Paseo Del Rey Natural Science Magnet
PublicK to 5

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.

Similar Homes

Similar Sold Homes

8222 Pershing Drive, Unit 24 is a multi-family home for sale in Playa del Rey, CA 90293. This property was listed for sale on January 7, 2026 by Real Estate Source, Inc., it's currently listed at $2,137,000. It has been on the market for a total of 13 days and was last sold on December 13, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Loyola Village Elementary School, Kentwood Elementary School and Paseo Del Rey Natural Science Magnet. 8222 Pershing Drive, Unit 24 is a 5-bed, 4-bath, 2,296 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Source, Inc., Heba Abulazm, DRE #01391926

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.