HUGE PRICE REDUCTION ON THIS 3 BUILDING, 16-UNIT ASSEMBLAGE. This is not a stand alone sale, but a part of the three buildings at 8517, 8521, and 8527 Pershing Drive. All three building are being sold at the packaged price of $6.995,000. The assemblage consists of 13,600 sf of living space on a 15,001 sf lot. The lots are zoned LAC-2 with an M-1 overlay, allowing for a retail build to sidewalk and residential apts. /condos to be built above as a mixed use. Currently 34 units are allowed per LA City Planning Dept. Height limit is 44 ft. Subterranean parking can be built off commercial alley in the rear of the building. 100 x 150 lot. 7 units delivered vacant at COE. Huge upside in this Silicon Beach opportunity zone. Prime Beach location with easy access to LAX, Playa Vista, Manhattan Beach, El Segundo and The Marina. Gentrifying area along Westchester Parkway to the East and South along World Way West. 59% upside for a buy and hold while obtaining permits and plans for a development project.
Multi-familyProperty Type
1953Year Built
5,000 sq ftLot Size
$574Price/Sq.Ft.
4 garage spacesParking
Listed by Thomas Corte•DRE #01323411
•310-713-0552 (agent)
•tomcortehomes@gmail.com (agent)
Listed by Dana Wright•DRE #01439943
•310-463-6814 (agent)
•danawright22@gmail.com (agent)
Bought with Rose Vasilj•DRE #01963068• Compass
Bought with Stephanie Younger•DRE #01365696• Compass
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
7
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1953
Sq. Ft.
4,026
Year built
1953
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
4116024028
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Oct 1, 2024 • Final
Plumbing
Repair and replace a section of the waste drain located under the garage. All work is to be performed outside of the residential units.
Plumbing
Feb 12, 2024 • Final
Bldg-alter/repair
Remodel kitchens and bathrooms in residential buildings without structural changes. Replace interior doors with new doors of the same size and type. Repair water damage and dry rot.
Bathroom
Kitchen
Remodel
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
4+ Car Garage
Parking
# of Parking Spaces (Total): 6
Interior
Equipment
Range/Oven, Refrigerator, Garbage Disposal, Cable
Heating & Cooling
No Cooling
Wall Gas Heat
Multi-Unit Income
Gross Income: 0
Multi-Unit Other Financial Information
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4
Type Of Units: apartments
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,713
Projected Rent: $2,200
Actual Rent: $1,713
# of Units: 1
Unit 2 Information
# of Beds: 4
# of Baths: 3.00
Projected Rent: $7,000
# of Units: 3
Unit 3 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,716
Projected Rent: $2,200
Actual Rent: $1,716
# of Units: 1
Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,499
Projected Rent: $2,200
Actual Rent: $1,499
# of Units: 1
Exterior
Property Information
Property Type: Residential Income
Land Information
Other Structures: Shed
Lot Information
Lot Size (Sq. Ft.): 5,000
Lot Size (Acres): 0.1148
Zoning: LAC2
Financial
Assessment Information
Assessed Total Value: $143,871
Assessed Land Value: $67,228
Assessed Land %: 46.73
Assessed Improvement Value: $76,643
Assessed Improvement %: 53.27
Assessor Parcel Number: 4116-024-028
Location
Community Information
# of Units in Complex (Total): 6
Location Information
Directions: West on Manchester Ave. to Persing Dr. Turn south on Pershing 1/2 block. On West side of the street, between Talbert and Manchester Ave.
Public facts
Beds: 7
Baths: 6.0
Sq. Ft.: 4,026
Stories: —
Lot Size: 5,000 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1953
Year Renovated: 1953
County: Los Angeles County
APN: 4116024028
Home facts updated by county records on Oct 6, 2026
Other
Documents & Disclosures
Disclosures: Coastal Commission Restrictions
Co Selling Agent Information
First Name: Stephanie
Last Name: Younger
License #: 01365696
Around this home
Schools
Paseo Del Rey Natural Science Magnet
Public K-5 • Assigned • 0.5mi
5/10
Katherine Johnson STEM Academy
Public 6-8 • Assigned • 0.8mi
7/10
Westchester Enriched Sciences Magnet Health/Sports Medicine
Public 9-12 • Assigned • 0.8mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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