Property Details
About this Property
7263 W Manchester Ave is a well-maintained 6-unit apartment building located in the highly desirable neighborhood of Westchester. This property features a strong unit mix, including (2) 2-bed/1-bath units, (1) 1-bed/1-bath unit, and (3) studio units, as well as (4) on-site 1-car garages, offering diverse options for tenants. Please do not disturb the tenants. The building is in excellent condition, with a new roof installed in November 2022 and copper plumbing throughout, ensuring long-term durability and reduced maintenance costs. The property comprises 3,160 SF on a large 5,250 SF lot, priced at $553/SF and $291K/unit, making it an exceptional investment at an attractive price point. Current operations deliver a solid 5.18% CAP rate, with the potential for a 27% rental upside, achieving a projected 7.17% market CAP and a 9.68 market GRM. Situated near Playa del Rey’s retail and dining options, the beach, and Loyola Marymount University, this property benefits from proximity to key amenities and strong demand for student housing. With its prime location and value-add potential, this is a rare investment opportunity in a sought-after Westchester neighborhood.
MLS Listing Information
MLS #
CRPW25014544
MLS Source
California Regional MLS
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Contact Information
Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 425-9838
Co-Listing Agent
Brett Lyon
License #: 01717818
Phone: (310) 706-4066
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
7263 W Manchester Ave is a Residential Income in Los Angeles, CA 90045. This – square foot property sits on a 5,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,607,500 and was built in 1958. This address can also be written as 7263 W Manchester Ave, Los Angeles, CA 90045.
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This listing information is up-to-date as of April 22, 2025. For the most current information, please contact Woody Stahl, (310) 425-9838
