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8364 Manitoba St
Playa Del Rey, CA 90293
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Lot Size | 0.26 AC | Parking Ratio | 0.93/1,000 SF |
| Building Size | 10,762 SF | ||
| Zoning | LAR3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Lot Size | 0.26 AC |
| Building Size | 10,762 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | LAR3 |
ABOUT 8364 MANITOBA ST , PLAYA DEL REY, CA 90293
Marcus & Millichap is pleased to present 8364 Manitoba Street, an eight-unit apartment building in Playa Del Rey, California. This is the first time the property has been on the market since it was built in 1966, and this offering presents an excellent value-add opportunity in an affluent, majority-renter neighborhood just a half-mile from the beach. 8364 Manitoba Street consists of one building that contains one three-bedroom, three two-bedroom, and four one-bedroom units that have balconies and are separately metered for electricity. The property also features a shared laundry room with two washers and two dryers, and 10 covered parking spots. This property is subject to rent control. With the units in original condition and an excellent location, 8364 Manitoba Street presents an outstanding opportunity for an astute investor to add value and capture substantial potential upside in rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 3 | $2,086 | - |
| 1+1 | 4 | $1,527 | - |
| 3+2 | 1 | $2,175 | - |
PROPERTY TAXES
| Parcel Number | 4118-014-001 | Improvements Assessment | $1,220,348 |
| Land Assessment | $4,881,402 | Total Assessment | $6,101,750 |
PROPERTY TAXES
