$3,100,000

8404 Pershing Dr Los Angeles, CA 90293

Estimated payment $16,576/month

0.11 Acre
$27,003,484 Price per Acre
5,000 Sq Ft Lot

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

Will James

Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 12/04/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Peter James

Lyon Stahl Investment Real Estate, Inc. License #01748556

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

Property Details

Property Type

Land

Est. Annual Taxes

$3,810

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 0.1148
  • Lot Dimensions: 50x100
  • Probate: No
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 2123.29

Exterior Features

  • Public Street: Yes
  • Road Frontage: 50ft
  • Street Description: Sidewalk, Curbed, Asphalt, Public
  • Street Lights: Yes
  • View: Coastline, Marina
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: On Site
  • Gas: On Site
  • Sewer: In Street
  • Telephone: Yes
  • Water: Public

Lot Info

  • Special Zoning: Coastal Commission, Rent Control
  • Horses: No
  • Assessor Parcel Number: 4115-001-037
  • Lot Description: Single Lot, Lot Shape-Rectangular, Sidewalks, Street Asphalt
  • Lot Location: Near Public Transit
  • Lot Size Area: 5000
  • Site Decription: Beach
  • Staked: Yes
  • Topography: Varied
  • Trees: None
  • Usable Land Percent: 100.00

Rental Info

  • Land Lease Type: Fee

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Sale $3,100,000 -- --
Source: The MLS

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,305,000 Seller Take Back
Source: Public Records

Source: The MLS

MLS Number: 25625663

The MLS

APN: 4115-001-037