This is a phenomenal property in the heart of Playa del Rey, just a stone's throw from the beach; Upstairs is #110, with high ceilings and an amazing ocean-view rooftop deck. This is an exciting opportunity for investors or owner users looking for a trophy property in a premium location, ideal for someone seeking a live-in investment. Great size units, combined, almost 3,000 sq ft. Unit 108 on the street level boasts an airy 3-bedroom, 2-bathroom layout (approx. 1100 sq ft. ) and has a large enclosed backyard/garden area with a partially covered patio. Unit 110 on the 2nd floor is a 3-bedroom, 3-bathroom layout, with plenty of natural light pouring in through large windows, creating an inviting atmosphere. Custom-designed kitchen and bathrooms, newer windows and blinds, tile flooring throughout, and some extra storage. All stainless-steel appliances, gas stove/range, and full-sized, in-unit washer and dryer. North and South-facing balconies and a large split-level roof deck showcasing vast ocean and sunset views. Stylish tile and stone accented bathrooms, high ceilings, and hardwood floors throughout full-size unit with washer and dryer. 2 private car garages, 5 fireplaces, and laundry hook up in both units. Located near the stunning California beach, residents can enjoy a morning swim or surfing. The property provides a laid-back beach lifestyle while offering quick and easy access to local amenities such as fine dining, boutique shopping, parks, and the marina. It is in a vibrant neighborhood embodying the iconic SoCal beach town vibe. While ideally suited for tranquil beachfront living, it's also well-positioned near significant freeways for a seamless commute to Downtown LA, Santa Monica, or other neighboring cities. Don't miss this rare chance to acquire a remarkable property in one of Southern California's most desirable beach communities. Make this beachside property your next move! The downstairs unit is currently vacant and the upstairs tenant is month-to-month and can be delivered vacant.
Multi-familyProperty Type
1956Year Built
2,552 sq ftLot Size
$772Est. Price/Sq.Ft.
2 car garageParking
Listed by Anthony Marguleas•DRE #01173073• Amalfi Estates
•310-293-9280 (agent)
•anthony@amalfiestates.com (agent)
Bought with Jon Schwartz•DRE #02123925• Fathom Realty Group Inc.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
4116-033-020
Parking Spaces
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Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jan 30, 2024.
Aug 8, 2019 • Final
Bldg-alter/repair
Complete remaining work from previously expired permits. Ensure all work complies with department regulations.
Remodel
May 8, 2018 • Final
Bldg-alter/repair
Perform a residential roof replacement with class A or B material over new solid sheathing. Apply a certified cool roof product as required by fire hazard and energy efficiency regulations.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
1 Car Garage
# of Garage Spaces: 2
Parking
# of Parking Spaces (Total): 1
# of Covered Parking Spaces: 2
Interior
Virtual Tour
Equipment
Dishwasher, Refrigerator, Range/Oven, Microwave
Heating & Cooling
No Cooling
Central Heat
Multi-Unit Income
Gross Income: 114600
Gross Operating Income: $114,600
Net Operating Income: $24,000
Multi-Unit Expenses
Total Annual Expense: $90,000
Multi-Unit Other Financial Information
Gross Rent Multiplier: 23
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Duplexes
# of Buildings: 1
Unit 1 Information
# of Beds: 3
# of Baths: 2.00
Rent: $4,050
Projected Rent: $5,000
Actual Rent: $4,050
# of Units: 108
Unit 2 Information
# of Beds: 3
# of Baths: 3.00
Rent: $5,500
Projected Rent: $6,000
Actual Rent: $5,500
# of Units: 110
Exterior
Building Information
Total Floors: 2
Two Level
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 2,552
Lot Size (Acres): 0.0586
Zoning: LAR3
Financial
Assessment Information
Assessed Total Value: $1,450,496
Assessed Land Value: $1,102,379
Assessed Land %: 76
Assessed Improvement Value: $348,117
Assessed Improvement %: 24.00
Assessor Parcel Number: 4116-033-020
Utilities
Utility Information
Sewer: In Street
Location
Community Information
# of Units in Complex (Total): 2
Location Information
Directions: Take Culver Blvd to Trolleyway (can park on Trolleyway), then enter the property not on Rees but the alleyway on the South Side of the building where the garages are,
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Los Angeles County
APN: 4116-033-020
Home facts updated by county records on Jan 30, 2024
Other
Documents & Disclosures
Disclosures: Property Report
Around this home
Schools
Paseo Del Rey Natural Science Magnet
Public K-5 • Assigned • 0.9mi
5/10
Katherine Johnson STEM Academy
Public 6-8 • Assigned • 1.2mi
7/10
Westchester Enriched Sciences Magnet Health/Sports Medicine
Public 9-12 • Assigned • 1.2mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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