7718 Paseo Del Rey, Playa Del Rey, CA 90293

Property Description

We are pleased to present for sale 7718 Paseo Del Rey in Playa Del Rey, CA. This charming 8-unit building has been family owned for decades. It is maintained by a professional management company and has been lovingly cared for over the years. Paseo is situated on a quaint, tree-lined street nestled off of a quiet stretch of Manchester Ave. that gives tenants direct access to all the Westside has to offer. With such close proximity to both Silicon Beach and Loyola Marymount University, tech employees and students alike will find this convenient Playa Del Rey location to be more than ideal. This combination of location, convenience, seclusion, and charm is a definite rarity and the primary reason why this investment opportunity presents incredible upside potential. Units consist of one 3-bed/2-bath, two 2-bed/2-bath, two 2-bed/1-bath, and three 1-bed/1-bath units. There is a courtyard with beautiful landscaping, a laundry room, and rear parking for all units. The soft story retrofit has been completed and a new roof was installed just last year. This is truly a turnkey gem with great long term financial prospects.