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- LoopNet Team
8517-8527 Pershing Dr
Playa Del Rey, CA 90293
Nudson Villas · Residential 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 | Residential | Average Occupancy | 75% |
| Property Subtype | Apartment | Number of Floors | 2 |
| Apartment Style | Low Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 0.74/1,000 SF |
| Lot Size | 0.38 AC |
| No. Units | 16 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 13,440 SF |
| Average Occupancy | 75% |
| Number of Floors | 2 |
| Year Built | 1953 |
| Parking Ratio | 0.74/1,000 SF |
Unit Amenities
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
- Rubbish Collection - Kerbside
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 | £883,469 | |
| Land Assessment | £5,007,720 | Total Assessment | £5,891,189 |
PROPERTY TAXES
zoning
| Zoning Code | LAC2 (Neighborhood Commercial) |
| LAC2 (Neighborhood Commercial) |
