7851 Talbert Street
Playa del Rey, CA 90293
- – beds
- – baths
- – sqft
- 4,864 sqft lot
- 1960 build
- – on site
This six-unit building, located at 7851 W Talbert Street in the beautiful beachside community of Playa del Rey, represents a prime investment opportunity and a true trophy property. The property consists of a large unit mix, including one 2-bedroom/2-bathroom unit, two 2-bedroom/1.5-bathroom unit, and three 1-bedroom/1-bathroom units. The building offers a total of 4,937 square feet of living space situated on a 4,849 square foot lot. Built in 1960, this well-maintained property is listed at $2,425,000 equating to $404,167 per unit and $491 per rentable square foot. The property currently generates $15,291 per month and $183,493 per year in rental income, with a potential increase to $18,940 per month and $227,280 per year at market rent levels, reflecting a significant 24% rental upside potential. All tenants are currently on MTM leases with the exception of unit #3 and unit #4 which are currently vacant. The property's exterior and walkways were recently pressure washed. The owner hired a professional painting company to paint the entire exterior, including trim, handrails, and all 6 garages. The roof was completely recoated with two coats of silicone that is warrantied up to 10 years. All these improvements have successfully revamped this gem into a beautiful, modern looking and easy to maintain property for the new owners. Give us a call to discuss ADU potential. There is garage space for at least one if not two ADUs.
Last checked:
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Last updated May 9, 2025
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MLS# 25522551 —
The Building
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Year Built:1960
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New Construction:No
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Building Area Total:4937.00
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Total Number Of Units:6
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Multi/Split
Location
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Directions:On Talbert St.
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Latitude:33.95913900
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Longitude:-118.43432900
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:4864.0000
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Lot Size Acres:0.1117
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Lot Size SqFt:4864.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4118001018
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway, Garage - Single Door
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Parking Spaces:14.00
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Garage Spaces:6.00
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Uncovered Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/8/25
Apr 8, 2025
|
Listed / Active | CRMLS_CA | $2,425,000 | |
1/30/25
Jan 30, 2025
|
Listed / Active | CRMLS_CA | ||
1/4/25
Jan 4, 2025
|
Sold Subject To Contingencies | CRMLS_CA |