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Active 7 days on market

8222 Pershing Drive

Playa Del Rey, CA 90293

$1,990,000

8222 Pershing Drive
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+31 more
5Beds
0Baths
2,296Sq Ft
0.11Acres
1961Built

About This Home

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.

Property Details

Property TypeResidentialIncome
Year Built1961
Living Area2,296 sq ft
Lot Size0.11 acres
Bedrooms5
Bathrooms0 full
Parking Total2
HeatingCentral
PoolNo
MLS #1160321576
Days on Market7 days

Location

Listed by

Nabil Awada

Matthews Real Estate Investment Services

MLS# CLW-C135634

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

8222 Pershing Drive | Playa Del Rey, CA | Leeper Realty Group