8222 Pershing Drive Playa del Rey, CA $ 1,990,000
8222 Pershing Drive
$ 1,990,000
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8222 Pershing Drive

Playa del Rey, CA, 90293
$ 1,990,000
Bedrooms5 Baths4.0 Sq 2,296

Monthly Estimate*

$ 12,253

Listed by Matthews Real Estate Investment Services
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Multi-Family Home for sale in Playa del Rey, CA

for $1,990,000 with 5 bedrooms and 4 full baths. This 2,296 square foot home was built in 1961 on a lot size of 0.1148.

8222 Pershing Drive presents a rare opportunity to acquire a fully renovated, turn-key coastal duplex in the heart of Playa del Rey, one of Los Angeles' most sought-after beachside communities. Located in a residential corridor just a short walk to the beach, the property combines strong in-place income, high-quality unit renovations, and durable long-term demand drivers that are increasingly difficult to find at this price point on the Westside. The asset consists of two fully upgraded units totaling 2,296 square feet on a 5,000 square foot LAR2-zoned lot. The property features a spacious 3 bedroom / 2 bathroom residence and a well-appointed 2 bedroom / 2 bathroom residence. Both units have undergone extensive renovations with modern finishes and quality upgrades throughout, providing a true turn-key investment with no anticipated near-term capital improvements required. They feature a private backyard with an above-ground jacuzzi and dedicated outdoor entertaining space, an amenity that consistently commands strong tenant demand in coastal rental markets. Additional upside is supported by Playa del Rey's strong short- and mid-term rental premiums driven by its coastal location. Playa del Rey benefits from a deep and diverse tenant and buyer pool, supported by proximity to LAX, the 90 and 105 freeway corridors, Silicon Beach employment hubs, and the beach itself. The submarket continues to attract both long-term renters and owner-users drawn to its coastal, small-town feel within minutes of major Westside demand drivers. Notably, the adjacent duplex at 8218-8220 Pershing Drive is also available for sale under the same ownership, presenting a compelling portfolio acquisition opportunity for investors seeking to achieve scale in a supply-constrained coastal submarket.

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Multi-Family Active

Price

$ 1,990,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1148

Year Built

1961

Town/City

Playa del Rey

County/Region

Los Angeles

MLS | Web ID

26833587

Days on Market

3

Features
General
Living Area 2296
Heating Central
Possession Close Of Escrow
Appliances Dishwasher Disposal Dryer Washer
Zoning LAR2
Year Built 1961
Tenant Pays Cable TV Electricity Gas Insurance Other Trash Collection
Levels Multi/Split
Gross Income 124800
County Los Angeles
Net Operating Income 97147
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Garage Y/N true
Other Structures Gazebo
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Conventional
Directions Pershing Drive off Manchester Blvd
City Playa Del Rey
Senior Community Y/N false
Number Of Units Total 2
MLS Area C31 - Playa Del Rey
Lot Size Units Square Feet
Lot Size Square Feet 5000
Number of Units Leased 2
Listing Terms Cash Conventional Trust Deed
Spa Features Above Ground
Property Condition Updated/Remodeled
Standard Status Active
Occupancy Type Tenant
Cap Rate 4.88
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Interior
Total Stories 1
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 5
Total Baths 4
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Exterior
Parking Features Driveway Garage Garage Door Opener
Total Parking 2
Lot Size Area 5000
Number of Buildings 1
Spa true
Building Area Total 2296
Lot Size Acres 0.1148
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Matthews Real Estate Investment Services

Broker

nabil.awada@matthews.com

Email

Affordability Calculator

$12,253
Per Month
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0%
0%
Monthly Principal & Interest
$12,253
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$1,990,000 Listed Price

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8222 Pershing Drive, Playa del Rey, CA, 90293 is a Multi-Family Home for sale at $1,990,000 with 2,296 sqft and a lot size of 0.1148. 8222 Pershing Drive has 5 bedrooms, 4.0 baths, and was built in 1961. The property's zip code is 90293 which is in Playa del Rey, CA