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Property Description

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, one 2-bedroom/1.5-bathroom unit, one 2-bedroom/1-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 $2,100,000 equating to $350,000 per unit and $425 per rentable square foot. The property currently generates $14,166 per month and $169,993 per year in rental income, with a potential increase to $18,115 per month and $217,380 per year at market rent levels, reflecting a significant 28% rental upside potential. All tenants are currently on MTM leases with the exception of unit #4 which is 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.

Overview

Property Status
Sold
Date Sold
October 29, 2025
Lot Size
4,864 Sq.Ft.
MLS ID
25602025
Property Type
Multi-Family
Year Built
1960

Features & Amenities

Stories
2
Garage Spaces
6.0
Parking
Driveway, Garage - 1 Car
Heat Type
Wall
Air Conditioning
Wall/Window
Appliances
None
Sales Price
$2,050,000
Zoning
LAR3

Downloads

7851 Talbert St

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 7851 Talbert St, Playa Del Rey, CA 90293

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7851 Talbert St

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