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116 Rees St 234 Unit Apartment Building $1,795,000 ($7,671/Unit) Playa Del Rey, CA 90293
EXECUTIVE SUMMARY
Own a Duplex just a few yards away from the Ocean in Beautiful Playa Del Rey. Upper Unit is 4 Bedroom and 1 Bath and Lower Unit is 3 Bedroom 1 Bath, Each unit has its own Garage, Top Unit has Large Rear Balcony and Front Unit has Big Patio and Natural Sunlight throughout. The Lower Unit Can and will be delivered Vacant. Seller has recently installed a new roof on the Property and the Plumbing has been Upgraded to Copper. These Type of Units do not go on the Market very Often and Tend to be Purchased rather quickly due to its Proximity to the Beach and surrounding areas. Seller is Motivated , Don't Miss Out !
PROPERTY FACTS
| Price | $1,795,000 | Apartment Style | Low-Rise |
| Price Per Unit | $7,671 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 234 | Building Size | 2,600 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1860 |
| Zoning | LAR3 - Multiple Dwelling | ||
| Price | $1,795,000 |
| Price Per Unit | $7,671 |
| Sale Type | Investment |
| No. Units | 234 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,600 SF |
| No. Stories | 1 |
| Year Built | 1860 |
| Zoning | LAR3 - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Oven
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+1 | 118 | $3,500 | 1,300 |
| 3+1 | 116 | - | 1,300 |
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116 Rees St
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