Crown and Coast Apartments 7832 W Manchester Ave 6 Unit Apartment Building $2,075,000 ($345,833/Unit) 5.07% Cap Rate Playa Del Rey, CA 90293

We are pleased to present 7832 W Manchester Avenue, a pride-of-ownership multifamily asset located in the highly desirable Playa del Rey submarket of Los Angeles. This exceptionally well-maintained property offers investors a rare opportunity to acquire a turnkey asset with strong in-place cash flow and minimal deferred maintenance. Situated just moments from the beach, the property benefits from its premier coastal location, strong tenant demand, and convenient access to Silicon Beach, LAX, major employment hubs, dining, and entertainment amenities. The property has been meticulously cared for by ownership and features numerous capital improvements throughout, including fully upgraded electrical systems, copper plumbing, and a roof in excellent condition. The asset presents a true turnkey operation for an investor seeking stable income with reduced future capital expenditure exposure. Additionally, the property offers six on-site parking spaces, a highly desirable amenity in the Playa del Rey rental market. For more information, please reach out.