Playa del Rey, CA 90293 7851 Talbert Street
$2,600,000
10 more
Presented By: John McCann with Lyon Stahl Investment Real Estate, Inc.;
Home Details
Location! Location! Location! This six unit building located near a quiet corner lot and just a quick drive from the beautiful beaches of Playa Del Rey offers an incredible investment opportunity to prospective buyers. The property consists of a large unit mix, including two 2BD/2BA units, one 2BD/1.5BA unit, one 2BD/1ba unit and two 1BD/1BA units. Unit #4 (2BD/1.5BA) is currently vacant and Unit #3 (1BD/1BA) can be vacant at close of escrow. Built in 1960 the property has been well maintained by previous and current owners. The property's exterior and walkways were recently pressure washed. The owner hired a professional painting company to paint the entire exterior, including trim, handrails, and all 6 garages. The roof was completely recoated with two coats of silicone that is warrantied up to 10 years. Rent was last raised on February 1st, 2024. Give us a call to discuss ADU potential. There is garage space for one if not two ADUs. Check out our promotional video for the property using the link featured above or on YouTube at "McCannCRE4"
Presented By: John McCann with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 7851 Talbert Street
Bedrooms
Total Bedrooms7
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Stories2
General for 7851 Talbert Street
Additional Parcels Y/NNo
Attached Garage Yes
Cap Rate4.42
Carport Y/NNo
CityPlaya del Rey
CoolingNone
CountyLos Angeles
Days on Market8
DirectionsHeading South On Lincoln Blvd Take A Right Turn Onto W Manchester Ave - Turn Left On Saran Dr. - Then A Quick Right On W Talbert St. - Heading North On Lincoln Blvd - Take a Left Turn Onto W Manchest
Full Baths
Garage Y/NNo
Gross Income2400.0
HeatingNone
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet4864.0
Lot Size UnitsSquareFeet
MLS AreaC31 - Playa Del Rey
MobileHomeRemainsYNNo
Net Operating Income114918.0
New ConstructionNo
NumberOfUnitsTotal6
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1960
ZoningLAR3
Exterior for 7851 Talbert Street
Building Area Total4937.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1117
Lot Size Area4864.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, DrivewayDownSlopeFromStreet, Paved
SpaNo
Total Parking13.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480