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Derek Reilly

derek@westsidederek.com +1(310) 902-2909

$ 1,990,000

Est. payment | -/mo

5 Beds

4 Baths

2,296 SqFt

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$ 1,990,000

Est. payment | -/mo

Save

5 Beds

4 Baths

2,296 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,296 sqft

Price per Sqft $866

MLS Listing ID 26833587

Bedrooms 5

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1961

Lot Size 5,000 Sqft

Property Description

8222 Pershing Drive presents a rare opportunity to acquire a fully renovated, turn-key coastal duplex in the heart of Playa del Rey, one of Los Angeles' most sought-after beachside communities. Located in a residential corridor just a short walk to the beach, the property combines strong in-place income, high-quality unit renovations, and durable long-term demand drivers that are increasingly difficult to find at this price point on the Westside. The asset consists of two fully upgraded units totaling 2,296 square feet on a 5,000 square foot LAR2-zoned lot. The property features a spacious 3 bedroom / 2 bathroom residence and a well-appointed 2 bedroom / 2 bathroom residence. Both units have undergone extensive renovations with modern finishes and quality upgrades throughout, providing a true turn-key investment with no anticipated near-term capital improvements required. They feature a private backyard with an above-ground jacuzzi and dedicated outdoor entertaining space, an amenity that consistently commands strong tenant demand in coastal rental markets. Additional upside is supported by Playa del Rey's strong short- and mid-term rental premiums driven by its coastal location. Playa del Rey benefits from a deep and diverse tenant and buyer pool, supported by proximity to LAX, the 90 and 105 freeway corridors, Silicon Beach employment hubs, and the beach itself. The submarket continues to attract both long-term renters and owner-users drawn to its coastal, small-town feel within minutes of major Westside demand drivers. Notably, the adjacent duplex at 8218-8220 Pershing Drive is also available for sale under the same ownership, presenting a compelling portfolio acquisition opportunity for investors seeking to achieve scale in a supply-constrained coastal submarket.

Location

State CA

County Los Angeles

Area C31 - Playa Del Rey

Zoning LAR2

Rooms

Other Rooms Gazebo

Interior

Heating Central

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Washer

Exterior

Parking Features Driveway, Garage, Garage Door Opener

Total Parking Spaces 2

Building

Story 1

Entry Level Multi/Split

Level or Stories Multi/Split

Additional Building Gazebo

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4115005019

Acceptable Financing Cash, Conventional, Trust Deed

Listing Terms Cash, Conventional, Trust Deed

Financing Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Nabil Awada Matthews Real Estate Investment Services #02046840

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 902-2909

derek@westsidederek.com

4215 Highland Ave, Manhattan Beach, California, 90266, USA

8222 Pershing DR Playa Del Rey, CA 90293

Derek Reilly

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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8222 Pershing DR