8404 Pershing Dr Los Angeles, CA 90293
Estimated payment $16,576/month
Highlights
- Marina View
- Property is near public transit
- Rectangular Lot
- Kentwood Elementary Rated A-
About This Lot
8404 Pershing Drive represents a rare opportunity to acquire a prime development site in the highly sought-after coastal community of Playa Del Rey, California. Known for its limited land supply, high barriers to entry, and desirable beach-adjacent lifestyle, Playa Del Rey continues to attract strong demand from both residents and investors. Its small size, proximity to the ocean, and affluent demographics contribute to exceptional long-term stability and value appreciation. The property sits along Pershing Drive, one of the few commercially zoned thoroughfares in all of Playa Del Rey, offering outstanding visibility and a favorable development environment. The site is ideally positioned just 1/4 mile from Playa Del Rey Beach, providing a highly attractive coastal amenity for future residents or commercial users. The 5,000 SF rectangular lot currently includes an operating restaurant, owned and operated by the Seller, and two existing residential units, providing interim income potential while redevelopment plans are prepared. Zoned LAC2-1VL, the property supports a range of commercial or mixed-use residential development opportunities, subject to City of Los Angeles planning guidelines. Its flexible zoning, combined with its rare commercial frontage and beach-adjacent location, makes it well-suited for a high-quality multifamily, mixed-use, or boutique development project.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 12/04/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,810
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Rectangular Lot
- Property is zoned LAC2
Property Views
- Marina
- Coastline
Location
- Property is near public transit
Utilities
- Sewer in Street
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4115-001-037
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $3,810 | $286,177 | $165,432 | $120,745 |
| 2024 | $3,810 | $280,567 | $162,189 | $118,378 |
| 2023 | $3,747 | $275,066 | $159,009 | $116,057 |
| 2022 | $3,590 | $269,674 | $155,892 | $113,782 |
| 2021 | $3,540 | $264,387 | $152,836 | $111,551 |
| 2019 | $3,443 | $256,547 | $148,303 | $108,244 |
| 2018 | $3,330 | $251,518 | $145,396 | $106,122 |
| 2016 | $3,181 | $241,753 | $139,751 | $102,002 |
| 2015 | $3,138 | $238,122 | $137,652 | $100,470 |
| 2014 | $3,156 | $233,458 | $134,956 | $98,502 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $3,100,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,450,000 | Corinthian Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,305,000 | Seller Take Back |
Source: The MLS
MLS Number: 25625663
APN: 4115-001-037
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