Active

7263 W Manchester AVE

LOS ANGELES CA, 90045

$1,750,000


$553.80 per sqft

Active

5 Baths

3,160 sqft

Multi-family

Built in 1958

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.

PW25014544MR

MLS ID

January 21, 2025

Listed

January 23, 2025

Updated

Map

7263 W Manchester AVE
LOS ANGELES CA, 90045

Interior Features

Total Stories

2


Total Bathrooms

5


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.12 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Westchester


Days on Market

1


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3

Listed by Woody Stahl with Lyon Stahl Investment Real Est
Listing Contact: 310-425-9838 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Fitzgerald Walker Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/23/2025

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