8517-8527 Pershing Dr
Playa del Rey, CA 90293
Nudson Villas · Multifamily Property For Sale
·
16 Units
Investment Highlights
- Beach Location
- Hub of Silicon Beach
- LAC2-1VL Zoning | Residential Condo over Retail Development Opportunity
- Value Add Investment
Property Facts
| No. Units | 16 | Building Size | 13,440 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 0.74/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | LAC2 - Neighborhood Commercial | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 13,440 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 0.74/1,000 SF |
| Zoning | LAC2 - Neighborhood Commercial |
Amenities
Unit Amenities
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
- Trash Pickup - Curbside
About 8517-8527 PERSHING DR , PLAYA DEL REY, CA 90293
Zetabid is now accepting offers on Nudson Villas. This 16-unit low rise apartment building is a unique opportunity to own three sister apartment buildings only 3 blocks from the beach in Playa del Rey. Nestled on the back of Playa Del Rey’s first residential hill with ocean view homes, this is a prime value-add investment property with most rents 20% below market and is ideal for future residential condo over retail development of 34 to 40 units with up to 15,000 SF of retail space. Twenty-five percent of the units have been left vacant to accommodate a faster conversion. Community laundry room and 6 attached 2 car garages on site as well. Please visit Zetabid.com for due diligence information such as current rent roll, financials and other important documents. Zetabid Contact: Eric Koesterer 818-426-2660 ekoesterer@zetabid.com
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,550 | 700 |
| 2+1 | 6 | $1,825 | 900 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,119,572 | |
| Land Assessment | $6,346,022 | Total Assessment | $7,465,594 |
Property Taxes
