7812 West Manchester Avenue

Playa del Rey, CA 90293

$2,595,000
Last Sold Price
9
Beds
7
Baths
4,799 Sq. Ft.
$541 / Sq. Ft.
4,799
Sq. Ft.
$541
per Sq. Ft.

Description

Prime Playa del Rey location, 10 min drive to Pacific Ocean. 27% upside in rents. 3.8% cap; 5.2% cap with rents at market. Excellent mix of studios, 1, 2, & 3 bedroom units. 6 units at W Manchester is also available for $2,325,000.Prime Playa del Rey location, 10 min drive to Pacific Ocean. 27% upside in rents. 3.8% cap; 5.2% cap with rents at market. Excellent mix of studios, 1, 2, & 3 bedroom units. 6 units at W Manchester is also available for $2,325,000.
  1. Listed by Hamid Soroudi • DRE #00708618 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 7812 West Manchester Avenue

Zoning
LAR3
Parcel Number
4118001003
Total Units
6.0
Living Area
4799
Source Living Area
Vendor Enhanced
Area
Playa Del Rey (C31)
Vacancy Rate
0
Lot Size Area
6257

Location

Listing Courtesy of Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618

Sold By Re/Max Estate Properties, Manny Archondo, DRE #01373926

Add your commute
LISTING UPDATED: 10/17/2022 09:38 AM

Property Details for 7812 West Manchester Avenue

StatusSold
MLS #22-146053
Days on Market153
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.14 AC / 6,257 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618

Sold By Re/Max Estate Properties, Manny Archondo, DRE #01373926

Add your commute

Building Information for 7812 West Manchester Avenue

Stories2Residences-Year Built1959Building Size-Lot Size0.14 AC / 6,257 SF

Payment Calculator

$16,849 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,162

Property Taxes

$2,687

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7812 West Manchester Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: S, 1, 2 & 3
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: $153,888
  • Net Operating Income: $100,941.00
  • Gross Income: $153,888
  • Cap Rate: 3.80%
  • Gross Rent Multiplier: $17.20
  • Total Annual Expense: 52947
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1436
  • Lot Size Square Feet: 6257
Parking Details
Parking Details
  • Parking Garage: Garage, Carport
  • Total Parking: 6
  • Parking Features: Garage, Carport
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-13-2022
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,835.00
  • Unit Actual Rent: $1,835.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,342.00
  • Unit Actual Rent: $2,342.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $2,900.00
  • Unit Projected Rent: $3,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $444,126.00
  • Assessed Improvement Percent: 25.4
  • Assessed Land Value: $1,304,622.00
  • Assessed Land Percent: 74.6
  • Assessed Total Value: $1,748,748.00

Property History for 7812 West Manchester Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7812 West Manchester Avenue

Taxable ValueLand$2,145,000Additions$450,360Total$2,595,360
Tax Record2023$32,242 ($2,687 / month)
Home Facts
Total Finished SqFt4,799 SqFtAbove Grade Finished SqFt4,799 SqFtLot Size6,257 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN4118-001-003

Schools near 7812 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

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Similar Sold Homes

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Listing Courtesy of Keller Williams Beverly Hills, Hamid Soroudi, DRE #00708618

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.