Playa del Rey, CA 90293 6405 Ocean Front Walk

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Presented By: Andrew Malekie with Link Brokerages;
  • MLS# 24373493
  • 04/03/2024
  • Request Tour
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  • BedBeds • 5
  • BathBaths • 4
  • FootageSQFT • 2,421
  • GarageGarage • 1

Home Details

(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.
Presented By: Andrew Malekie with Link Brokerages;

Interior Features for 6405 Ocean Front Walk

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInGarage
Street SuffixWalk
Total Stories2

General for 6405 Ocean Front Walk

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave
Attached Garage No
Cap Rate3.0
Carport Y/NNo
CityPlaya del Rey
CoolingNone
CountyLos Angeles
Days on Market23
DirectionsOn Ocean Front Walk
DisclosuresCoastalCommissionRestrictions, RentControl
Facing DirectionWest
Garage Y/NNo
Gross Income210000.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet2551.0
MLS AreaC31 - Playa Del Rey
MobileHomeRemainsYNNo
Net Operating Income142225.0
New ConstructionNo
Occupancy DescriptionTenant
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameOcean Front
Total Units2
ViewOcean
View Y/NYes
Waterfront FeaturesOceanFront
Waterfront Y/NNo
Year Built1965
ZoningLAR3

Exterior for 6405 Ocean Front Walk

Building Area Total2421.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0586
Lot Size Area2551.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage, OnStreet
SpaNo
Total Parking2.0

Additional Details

Price History

1527188455

First Team Client Services

Price $4,750,000
MLS#24373493
List Date 04/03/2024
Property Type Multi-Family
Phone 714.964.3311
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