8124 W 83rd Street, Playa Del Rey, CA, 90293

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$1,995,000
96 Days On Site

8124 W 83rd Street
Playa Del Rey, CA 90293

For Sale|Mixed Use|Pending
0
Beds
0
Full Baths
0
Partial Baths
4,351
SqFt
$459
/SqFt
1958
Built
County:
Los Angeles
Listed by Woody Stahl of Lyon Stahl Investment Real Est [email protected]
8124 W 83rd Street8124 W 83rd Street8124 W 83rd Street8124 W 83rd Street
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Monthly Payment (Est.)

$9,102
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

8124 W 83rd Street is a well-maintained 5-unit apartment building located in the coveted area of Playa del Rey. This property features ideal unit mix, including (1) 3-bed/2-bath, (2) 2-bed/1-bath, and (2) 1-bed/1-bath units, catering to a range of tenant needs. Please do not disturb the tenants. The building features copper plumbing throughout, ensuring long-term durability and low maintenance requirements. The property offers a strong financial return from day one, for sale at a near 5% CAP rate and 12.85 GRM w/ 27% rental upside. Through continued improvements and simple rent increases, the property has potential to operate at a 6.80% CAP rate and 10.13 GRM. With a highly desirable location with easy access to the beach, Loyola Marymount University, and Playa del Rey's and Playa Vista's retail and dining options, this property represents a prime investment opportunity in a sought-after neighborhood.

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Listing Snapshot
Price 
$1,995,000
Days On Site 
96 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,351 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1436 Acres
Year Built 
1958
MLS® Number 
PW25014606
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Pending
2 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.1436
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4351
Stories 
Two
Water Source 
Public
Zoning 
LAR3
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Financing Terms Available 
Conventional
MLS Area 
C31 - Playa Del Rey


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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