$1,949,000

Estimated payment $12,986/month

5 Beds
4 Baths
2,296 Sq Ft
$849 Price per Sq Ft

Highlights

  • Above Ground Spa
  • 2 Car Attached Garage
  • 1-Story Property
  • Gazebo
  • Central Heating

About This Home

8222 Pershing Drive offers the opportunity to acquire a fully renovated, turn-key duplex in Playa del Rey, one of the Westside's most sought-after coastal communities. Located a short walk from the beach, the property combines stable in-place income with quality finishes and strong long-term demand drivers.The property consists of two units totaling 2,296 square feet on a 5,000 square foot LAR2-zoned lot: a spacious 3 bed / 2 bath and a well-appointed 2 bed / 2 bath. Both units feature modern finishes and quality upgrades throughout, with no anticipated near-term capital needs.The 2 bed unit is leased through March 31, 2027 and the 3 bed unit through May 31, 2027, providing secure income today and near-term flexibility for a new owner. Investors can re-lease at market as the leases roll, while owner-users have a clear path to occupy one unit and offset their ownership costs with income from the other. Outdoor space is a standout feature, with a private backyard, spa, and dedicated entertaining area, an amenity that consistently drives tenant demand and premium rents in coastal markets. Combined with Playa del Rey's limited supply and enduring appeal as a beach community, the property is well positioned for long-term value. Playa del Rey benefits from a deep and diverse tenant and buyer pool, supported by its proximity to the beach, LAX, and the 90, 405, and 105 freeway corridors. Major employment and education hubs, including Playa Vista's Silicon Beach tech campuses, Marina del Rey, and Loyola Marymount University, are all within minutes. This community continues to attract both long-term renters and owner-users drawn to its coastal, small-town feel with convenient access to the Westside's primary demand drivers. MOTIVATED SELLER.

Listing Agent

Nabil Awada

Matthews Real Estate Investment Services License #02046840 Listed on: 09/23/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961 | Remodeled

Home Design

  • Duplex

Interior Spaces

  • 2,296 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Above Ground Spa
  • Gazebo

Additional Features

  • 5,000 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4115-005-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1961 | Remodeled

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2296
  • Lot Acreage: 0.1148
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Garbage Disposal, Washer, Dryer
  • Price Per S Q F T: 848.87

Exterior Features

  • Other Structures: Gazebo
  • Spa: Above Ground
  • Spa Yn: Yes

Garage/Parking

  • Parking Garage: Attached, Door Opener, Driveway
  • Total Parking: 2

Utilities

  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 26.81
  • Assessed Improvement Value: 526320
  • Assessed Land Percent: 73.19
  • Assessed Land Value: 1437180
  • Total Assessed Value: 1963500
  • Assessor Parcel Number: 4115-005-019
  • Lot Size Area: 5000

Rental Info

  • Number Leased: 2
  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.54
  • Number Of Units: 2
  • Type Of Units: Duplex

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $23,793 $2,002,769 $1,465,923 $536,846
2025 $23,793 $1,963,500 $1,437,180 $526,320
2024 $23,525 $1,925,000 $1,409,000 $516,000
2023 $2,278 $160,653 $76,560 $84,093
2022 $2,187 $157,504 $75,059 $82,445
2021 $2,145 $154,417 $73,588 $80,829
2019 $2,087 $149,839 $71,406 $78,433
2018 $2,010 $146,902 $70,006 $76,896
2016 $1,902 $141,200 $67,289 $73,911
2015 $1,877 $139,080 $66,279 $72,801
2014 $1,896 $136,356 $64,981 $71,375
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2026 09/23/26 For Sale $1,949,000 -- $849 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- California Title Company
Grant Deed $1,925,000 California Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,347,500 New Conventional
Closed $1,267,000 New Conventional
Previous Owner $410,000 New Conventional
Previous Owner $393,000 Adjustable Rate Mortgage/ARM
Previous Owner $290,000 Adjustable Rate Mortgage/ARM
Previous Owner $270,500 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Source: The MLS

MLS Number: 26990369

The MLS

APN: 4115-005-019

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