6401 Ocean Front Walk Playa del Rey, CA $ 4,750,000
6401 Ocean Front Walk
$ 4,750,000
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6401 Ocean Front Walk

Playa del Rey, CA, 90293
$ 4,750,000
Bedrooms5 Baths4.0 Sq 2,421

Monthly Estimate*

$ 33,180

Listed by Link Brokerages
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Multi-Family Home for sale in Playa del Rey, CA

for $4,750,000 with 5 bedrooms and 4 full baths. This 2,421 square foot home was built in 1965 on a lot size of 0.0586.

(NEW EXTERIOR PAINT - CAN BE PURCHASED TOGETHER OR SEPARATE) A once-in-a-lifetime opportunity to own two iconic beachfront duplexes nestled in the coveted Playa Del Rey neighborhood of Los Angeles. These trophy assets have full upcoming vacancy by end of August 2024 and promise unparalleled potential for savvy investors or owner-users seeking the ultimate coastal lifestyle. Ideally positioned on Ocean Front Walk, the most private and secluded beachfront pocket of Playa Del Rey, these duplexes offer panoramic ocean views from every unit, with the beach as your backyard to the West and the Del Rey Lagoon and Park steps away to the East. Residents enjoy nearly exclusive beach access, where this prime location has minimal noise and foot traffic while maintaining close proximity to all local amenities and attractions. Each unit is impeccably maintained, but also presents a blank slate for value enhancement. Electrical and plumbing (copper) have been upgraded throughout each building, and each unit is individually metered for utilities (except laundry - W/D in garage of each building shared by respective tenants). Both buildings have garage spaces accommodating two cars each and ample storage, while the 6401 building has additional on site tandem parking on the North side of the building + EV charging. The full upcoming vacancy is a rare gem in Playa Del Rey's real estate landscape, not to mention the unmatched location, rental upside, and value add potential that comes with it. Don't miss your chance to own a piece of Playa Del Rey's sought-after beachfront and unlock this property's full potential.

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Multi-Family Active

Price

$ 4,750,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0586

Year Built

1965

Town/City

Playa del Rey

County/Region

Los Angeles

MLS | Web ID

24373473

Days on Market

30

Features
General
Heating Central
Cooling None
Possession CloseOfEscrow
Appliances Dishwasher Disposal Microwave Refrigerator
Zoning LAR3
Construction Materials Stucco
Year Built 1965
View Ocean
Stories 2
Levels Two
Gross Income 210000.0
Waterfront Features OceanFront
County Los Angeles
Net Operating Income 142225.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage Y
Facing Direction West
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions On Ocean Front Walk
City Playa del Rey
Disclosures CoastalCommissionRestrictions RentControl
View Y/N Y
Senior Community Y/N N
Total Units 2
MLS Area C31 - Playa Del Rey
Lot Size Square Feet 2551.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Ocean Front
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 23
Standard Status Active
Occupancy Description Tenant
Cap Rate 3.0
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Exterior
Parking Features DoorMulti Garage OnStreet
Total Parking 2.0
Lot Size Area 2551.0
Number of Buildings 1
Spa N
Building Area Total 2421.0
Lot Size Acres 0.0586
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Walk
Laundry Features InGarage
Total Bedrooms 5
Electric On Property Y/N N
Total Baths 4
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Internal Only
Street Number 1 6401
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* Excluded Features
List By
Link Brokerages

Broker

(424) 312-9552

Phone

Affordability Calculator

$33,180
Per Month
100%
0%
0%
Monthly Principal & Interest
$33,180
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$4,750,000 Listed Price

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6401 Ocean Front Walk, Playa del Rey, CA, 90293 is a Multi-Family Home for sale at $4,750,000 with 2,421 sqft and a lot size of 0.0586. 6401 Ocean Front Walk has 5 bedrooms, 4.0 baths, and was built in 1965. The property's zip code is 90293 which is in Playa del Rey, CA