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    8517 Pershing Drive

    Playa Del Rey, CA 90293
    • $2,500,000
    • STATUS: Active
    • ON SITE: 191 days
    • ID#: 20654276
    UPDATED: 32 min ago
    $2,500,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,464
      SQFT
    • $722
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    This is not a stand-alone sale. It is an assemblage of THREE BUILDINGS/16 UNITS; 8517 PERSHING, 8521 PERSHING, & 8527 PERSHING DR. All three lots are sold as one package (combined listed price is $7,450,000). the assemblage consists of 13,600 sf. of living space on a 15,001 sf lot. Currently 7 units are vacant. Per LA City Planning, 34 units are approved on the site. It assemblage is zoned LAC-2, allowing retail/office on the first level with additional residential units above. Height limit is 44 ft. There is commercial alley access in back and retail has no easement (buildable to sidewalk). Prime hub location to Silicon Beach commercial development on Westchester Parkway. Close to LAX, Manhattan Beach, Playa Vista, Culver City and Marina Del Rey. Buy and hold-59% upside income potential. Or build to suit when conditions are more favorable. Great opportunity and new attractive price.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T19:37:51.713. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/111531210
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    8517 Pershing Drive Playa Del Rey, CA 90293

    • Price: $2,500,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 20654276
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,464
    SQFT
    $722
    $/SQFT
    1954
    Built
    Neighborhood:
    C31 - Playa Del Rey
    County:
    Los Angeles
    Area:
    C31 - Playa Del Rey
    Property Description
    This is not a stand-alone sale. It is an assemblage of THREE BUILDINGS/16 UNITS; 8517 PERSHING, 8521 PERSHING, & 8527 PERSHING DR. All three lots are sold as one package (combined listed price is $7,450,000). the assemblage consists of 13,600 sf. of living space on a 15,001 sf lot. Currently 7 units are vacant. Per LA City Planning, 34 units are approved on the site. It assemblage is zoned LAC-2, allowing retail/office on the first level with additional residential units above. Height limit is 44 ft. There is commercial alley access in back and retail has no easement (buildable to sidewalk). Prime hub location to Silicon Beach commercial development on Westchester Parkway. Close to LAX, Manhattan Beach, Playa Vista, Culver City and Marina Del Rey. Buy and hold-59% upside income potential. Or build to suit when conditions are more favorable. Great opportunity and new attractive price.
    Exterior Features

    Parking Features Door-MultiGarageShared Driveway

    Interior Features

    Appliances DisposalRefrigerator Cooling None Cooling YN No

    Property Features

    Disclosures Coastal ZoneSpecial Study Area Gross Income 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 Senior Community YN No Special Listing Conditions Standard Zoning Lac2

    Listing provided courtesy of Thomas Corte of Era Matilla Realty and Dana Wright of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T19:37:51.713. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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    Team Tami | Palm Realty Boutique
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    Playa Vista CA, 90094