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8654 Falmouth Ave
Playa Del Rey, CA 90293
Rare Playa del Rey Location | 19 Units · Multifamily Property For Sale
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19 Units
Investment Highlights
- Rare Playa del Rey Offering
- Excellent Unit Mix of 1 (Studio+1), 9 (1+1’s), 8 (2+1.5’s), and 1 (3+2)
- Soft-Story Retrofit Work Completed in 2019
- Minutes From Tech Titans and Fortune 500 Companies in Silicon Beach, such as Google, Facebook, Microsoft, and Yahoo
- ±16,275 SF Building Size on ±19,841 SF Lot
- Impressive Market Fundamentals with 2022 Average Housing Value of $1,123,896 and 2022 Average Household Income of $176,334
Property Facts
| No. Units | 19 | Building Size | 16,275 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | R3-1, Los Angeles - Zoning to be Verified by Buyer | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 16,275 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R3-1, Los Angeles - Zoning to be Verified by Buyer |
Amenities
Unit Amenities
- Dishwasher
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Carpet
Site Amenities
- Controlled Access
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | 750 |
| 2+2 | 8 | - | 975 |
| Studios | 1 | - | 525 |
| 3+2 | 1 | - | 1,200 |
Property Taxes
| Parcel Number | 4118-010-030 | Improvements Assessment | $2,911,420 |
| Land Assessment | $2,451,721 | Total Assessment | $5,363,141 |
Property Taxes
Parcel Number
4118-010-030
Land Assessment
$2,451,721
Improvements Assessment
$2,911,420
Total Assessment
$5,363,141
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