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7769 Saint Bernard St 7 Unit Apartment Building $2,395,000 ($342,143/Unit) 5.21% Cap Rate Playa Del Rey, CA 90293

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INVESTMENT HIGHLIGHTS

  • Adjacent to $150M Lulu's Place Development
  • Under $350,000 per Door
  • Signficant Value Creation Catalyst

EXECUTIVE SUMMARY

7769 Saint Bernard Street is a well-maintained 7-unit apartment building situated in the prestigious coastal enclave of Playa del Rey. Built in 1962, this mid-century property offers 7,240 SF of living space on an 8,101 SF lot, featuring two 1-bed / 1-bath units and five 2-bed / 2 bath units. The building’s exceptional location on Saint Bernard Street places it at the epicenter of one of Los Angeles’s most ambitious neighborhood revitalization projects, with the 31-acre Lulu’s Place development set to bring world-class athletic facilities, wellness programs, and community amenities to the immediate area.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,395,000
Price Per Unit $342,143
Sale Type Investment
Cap Rate 5.21%
Gross Rent Multiplier 12.12
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.19 AC
Building Size 7,240 SF
No. Stories 2
Year Built 1962
Zoning LAR3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 7 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4118-010-003
Land Assessment
$2,089,052 (2025)
Improvements Assessment
$580,292 (2025)
Total Assessment
$2,669,344 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38792357

  • Date on Market: 12/16/2025

  • Last Updated:

  • Address: 7769 Saint Bernard St, Playa Del Rey, CA 90293

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