8219 West Manchester Avenue
8219 West Manchester Avenue
$2,375,000
9
6
4,225
4,225
$562
Sold 8/30/22
Description
8219 W Manchester Avenue is a two story 5-unit apartment building located in the heart of Playa del Rey steps from the Beach. Built in 1959, the building offers a great unit mix of 1-, 2-, and 3-bedroom with two (2) of the units being delivered vacant for immediate rental upside potential. The tenant are responsible for their own gas, electricity, and TRASH making this an easy building to manage with low operating expenses. The property features five (5) surface parking spaces in the back, a 2-car...8219 W Manchester Avenue is a two story 5-unit apartment building located in the heart of Playa del Rey steps from the Beach. Built in 1959, the building offers a great unit mix of 1-, 2-, and 3-bedroom with two (2) of the units being delivered vacant for immediate rental upside potential. The tenant are responsible for their own gas, electricity, and TRASH making this an easy building to manage with low operating expenses. The property features five (5) surface parking spaces in the back, a 2-car garage that is currently not being used, an on-site laundry facility leased by the landlord, hardwood floors, original bath tiles, new windows, and more. The unused garage space is the perfect candidate for a savvy investor to add an extra unit to this property by converting it into an Accessory Dwelling Unit (ADU). 8219 W Manchester Avenue represents a unique opportunity to acquire a pride of ownership property in a great beach town neighborhood of LA. With this rare buying opportunity, you can immediately renovate the two (2) vacant units, explore ADU conversations, and enjoy the healthy rental income that owning by the beach provides.
- Listed by Kamfar Kyle Mirrafati • DRE #01911204 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services
Property Details for 8219 West Manchester Avenue
Zoning
LAR3
Parcel Number4115012009
Total Units5.0
Living Area4225
Source Living AreaAssessor
AreaPlaya Del Rey (C31)
Vacancy Rate2 Vacant
Lot Size Area5768
Location
LISTING UPDATED: 08/31/2022 07:23 AM
Property Details for 8219 West Manchester Avenue
Status | Sold |
---|---|
MLS # | 22-152383 |
Days on Market | 84 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1959 |
Lot Size | 0.13 AC / 5,768 SF |
County | Los Angeles County |
Location
Building Information for 8219 West Manchester Avenue
Stories2Residences-Year Built1959Building Size-Lot Size0.13 AC / 5,768 SF
Payment Calculator
$15,421 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8219 West Manchester Avenue
Property History for 8219 West Manchester Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8219 West Manchester Avenue
Taxable ValueLand$1,575,000Additions$800,680Total$2,375,680
Tax Record2023$29,515 ($2,460 / month)
Home Facts
Total Finished SqFt4,225 SqFtAbove Grade Finished SqFt4,225 SqFtLot Size5,748 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN4115-012-009
Schools near 8219 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 | ||
Orville Wright Engineering And Design Magnet Public6 to 8 |
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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