6515 Vista del Mar - Apartments FOR SALE


Playa Del Rey, CA 90293
$2,410,000 USD
310-306-9005
6515 Vista del Mar, Playa Del Rey, CA for Sale
$2,410,000 USD
Apartments - FOR SALE
1/46
null | Request Cap Rate

6515 Vista del Mar
Playa Del Rey, CA 90293


HIGHLIGHTS

  • Completely Vacant. Potential for Duplex and ADU
  • Panoramic Views of Marina Channel, Ballona Wetlands, Mountains and City Lights
  • Quiet North Location, Just Steps to Playa del Rey Beach

OVERVIEW

"Location, Location..." The unobstructed, panoramic views of the Marina Channel, the Ballona Wetlands and both the Santa Monica and San Gabriel Mountains provide serenity and a tranquil ambiance. Three blocks to the Ocean, the bike path and a short walk to the Park, Downtown Playa del Rey and the Marina Jetty. Zoned R-3. Effectively Built in 1964, 6515 was designed and used as a triplex until 2012. However, the property is currently permitted as a duplex. The upper level is a 2-Bedroom, 2-Bath with an exterior common hallway for laundry facilities, a bonus room, view balcony and a fireplace. The lower unit is a 2-bedroom, 1.5 bath with vinyl floors, a gas fireplace, and a sliding door opening to a 15 x 30 brick patio, enhanced by an 8 x 30 wood deck over the wetlands. Both units have new electric heaters installed in each bedroom and in the Living Room, a newer Tankless Water Heater and newer dual-paned windows. In 2021, Zoning Definitions were modified, allowing an ADU to be added to duplexes. The design of this building is unique, and can be re-imagined to suit the buyer's vision. The potential ADU has all the bones, but no plans have been submitted and no permit issued. This is as an interesting opportunity as you will find. 6515 Vista del Mar, Playa del Rey, CA 90293.

FOR SALE DETAILS

PRICE

$2,410,000 USD

PRICE/SF

$866 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,205,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6515 Vista del Mar Playa del Rey, CA 90293

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,771 SF

ZONING

R-3

APN/PARCEL ID

4116-005-013

ASK ABOUT THIS PROPERTY

Steve MatillaMatilla Realty, IncMore Info
310-306-9005

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Steve MatillaMatilla Realty, IncMore Info
310-306-9005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.