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8222 Pershing Drive, Playa Del Rey, CA, 90293

8222 Pershing Drive
$1,990,000

Key Information

Cap Rate
4.88%
$ per SF
$867
Tot. SF
2,296
Units
2
Year Built
1961 / 2026 (R)
Type
Apartments
NOI
$97,147

Highlights

  • Fully Renovated – Two units delivered in true turn‑key condition with modern kitchens, baths, flooring and fixtures.
  • Walkable Beach Location – Steps from the sand and the coastal bike path, in one of LA’s most supply‑constrained beach submarkets.
  • Westside Renter Demand – Diversified pull from Silicon Beach, Playa Vista, Marina del Rey, LMU, and the LAX employment base.
  • Outdoor Lifestyle Amenity Private backyard with above‑ground jacuzzi supports premium coastal positioning and tenant retention.
  • Stabilized In‑Place Income – $10,400 in current monthly rent with proforma upside to a $11,250 market rate.
  • Portfolio Optionality – Adjacent duplex availability creates a rare four‑unit assemblage opportunity within Playa del Rey.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245