8324 W Manchester Ave

$2,875,000
Price
10
Beds
10
Baths
5,789 Sq. Ft.
$497 / Sq. Ft.
5,789
Sq. Ft.
$497
per Sq. Ft.

Description

This is a rare opportunity to acquire an eight-unit apartment complex in Playa del Rey with frontage on Manchester Ave. The area has always demanded premium rents with its proximity to Loyola Marymount University, LAX, and the beach. Additionally, owners have recently replaced the roof, painted the exterior and completed the required soft-story retrofitting.This is a rare opportunity to acquire an eight-unit apartment complex in Playa del Rey with frontage on Manchester Ave. The area has always demanded premium rents with its proximity to Loyola Marymount University, LAX, and the beach. Additionally, owners have recently replaced the roof, painted the exterior and completed the required soft-story retrofitting.
  1. Listed by Steffan Braunlich • DRE #01859098 • Brokerage DRE #01308753 • Berkadia

Property Details for 8324 West Manchester Avenue

Zoning
LAR3
Parcel Number
4118004007
Total Units
8.0
Living Area
5789
Source Living Area
Vendor Enhanced
Area
Playa Del Rey (C31)
Vacancy Rate
12%
Lot Size Area
7347
LISTING UPDATED: 12/26/2025 08:20 AM

Property Details for 8324 West Manchester Avenue

StatusActive
MLS #25630919
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.17 AC / 7,347 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkadia, Steffan Braunlich, DRE #01859098
Add your commute

Building Information for 8324 West Manchester Avenue

Stories2Residences-Year Built1959Building Size-Lot Size0.17 AC / 7,347 SF

Payment Calculator

$16,631 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,206

Property Taxes

$2,425

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8324 West Manchester Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Market
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $222,594
  • Net Operating Income: $153,088.00
  • Gross Income: $228,526
  • Gross Rent Multiplier: $12.58
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 69506
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1687
  • Lot Size Square Feet: 7347
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 0
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-26-2025
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,159.00
  • Unit Actual Rent: $8,635.00
  • Unit Projected Rent: $9,290.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,595.00
  • Unit Actual Rent: $5,189.00
  • Unit Projected Rent: $6,190.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,120.00
  • Unit Actual Rent: $3,120.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $286,974.00
  • Assessed Improvement Percent: 12.28
  • Assessed Land Value: $2,049,872.00
  • Assessed Land Percent: 87.72
  • Assessed Total Value: $2,336,846.00

Property History for 8324 West Manchester Avenue

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Listed (Active)

CRMLS #25630919

$2,875,000—
Dec 15, 2025

Listed (Active)

CLAW #25630919

$2,875,000—
Jan 19, 2024

Expired

CRMLS #23292483

$3,495,000—
Jan 19, 2024

Expired

CLAW #23-292483

$3,495,000—
Oct 31, 2023

Price Change

CRMLS #23292483

$3,495,000—
Sep 5, 2023

Price Change

CRMLS #23292483

$3,595,000—
Sep 5, 2023

Price Change

CLAW #23-292483

$3,595,000—
Jul 19, 2023

Listed (Active)

CLAW #23-292483

$3,750,000—
Jul 19, 2023

Listed (Active)

CRMLS #23292483

$3,750,000—
Oct 26, 2005

Sold (Public Record)

Public Record #168954518

$1,710,000

+22.6% / yr

Oct 10, 2002

Sold (Public Record)

Public Record #101087271

$920,000—
DateEvent & SourcePrice
12/15/2025

Listed (Active)

CRMLS #25630919

$2,875,000
12/15/2025

Listed (Active)

CLAW #25630919

$2,875,000
01/19/2024

Expired

CRMLS #23292483

$3,495,000
01/19/2024

Expired

CLAW #23-292483

$3,495,000
10/31/2023

Price Change

CRMLS #23292483

$3,495,000
09/05/2023

Price Change

CRMLS #23292483

$3,595,000
09/05/2023

Price Change

CLAW #23-292483

$3,595,000
07/19/2023

Listed (Active)

CLAW #23-292483

$3,750,000
07/19/2023

Listed (Active)

CRMLS #23292483

$3,750,000
10/26/2005

Sold (Public Record)

Public Record #168954518

$1,710,000

+22.6% / yr

10/10/2002

Sold (Public Record)

Public Record #101087271

$920,000

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

Public Records for 8324 West Manchester Avenue

Taxable ValueLand$2,049,872Additions$287,804Total$2,337,676
Tax Record2025$29,098 ($2,425 / month)
Home Facts
Total Finished SqFt5,789 SqFtAbove Grade Finished SqFt5,789 SqFtLot Size7,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN4118-004-007

Schools near 8324 West Manchester Avenue

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

8324 West Manchester Avenue is a multi-family home for sale in Playa del Rey, CA 90293. This property was listed for sale on December 15, 2025 by Berkadia, it's currently listed at $2,875,000. It has been on the market for a total of 12 days and was last sold on October 26, 2005. 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. 8324 West Manchester Avenue is a 10-bed, 10-bath, 5,789 sqft multi-family home built in 1959.

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 Berkadia, Steffan Braunlich, DRE #01859098

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.