6515 Vista del Mar Playa del Rey, CA 90293 | 6515 Vista del Mar
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6515 Vista del Mar Playa del Rey, CA 90293 6515 Vista del Mar
2 Unit Apartment Building $2,410,000 ($1,205,000/Unit) Playa Del Rey, CA 90293
Investment Highlights
- Completely Vacant. Potential for Duplex and ADU
- Quiet North Location, Just Steps to Playa del Rey Beach
- Panoramic Views of Marina Channel, Ballona Wetlands, Mountains and City Lights
Executive Summary
"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.
Property Facts
| Price | $2,410,000 | Apartment Style | Low Rise |
| Price Per Unit | $1,205,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Sale Conditions | 1031 Exchange | Building Size | 2,782 SF |
| No. Units | 2 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1964/1987 |
| Price | $2,410,000 |
| Price Per Unit | $1,205,000 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,782 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/1987 |
Unit Amenities
- Balcony
- Dishwasher
- Fireplace
- Storage Space
- Kitchen
- Hardwood Floors
- Oven
- Range
- Views
- Walk-In Closets
- Carpet
- Built-In Bookshelves
- Deck
- Double Pane Windows
- Family Room
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3.5 | 2 | $4,875 | 1,100 - 1,528 |
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Bike Score ®
Very Bikeable (74)
zoning
| Zoning Code | R-3 (Multi-Family, depending on parking and lot size. This is originally a tri-plex but has potential as a duplex + ADU) |
| R-3 (Multi-Family, depending on parking and lot size. This is originally a tri-plex but has potential as a duplex + ADU) |
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6515 Vista del Mar Playa del Rey, CA 90293 | 6515 Vista del Mar
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