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Three-Unit Multifamily Property
For Sale
$2,375,000

372 Pershing Dr, Playa del Rey, CA 90293

Beach-area triplex with upgraded residences, private garages, storage, and shared laundry facilities.

Property Size3,602 SF
Days on Market638

Property Features for 372 Pershing Dr

General Information

Standard status Active
Size 3,602 SF
Total Parking Spaces 4
Property subtype MULTI_FAMILY

Property Condition

Severity Repairs Needed
Evidence with a little TLC

Units

Unit Mix 2 x 3BR/2BA, 1 x ADU
Multifamily Units 3

Amenities

community washer/dryer

Building Details

Building Size 3,602 SF
Year Built 1968
Buildings 1
Listing Agency: Matilla Realty Inc
Listed By: Thomas Corte · License #01323411
Source: Evecap
Added: Jan 19, 2025 Changed: Oct 15 Last Checked: Oct 16 at 5:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matilla Realty Inc

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Investment Insights

Based on property information with market context.

This 3,602-square-foot triplex was built in 1968 and includes two upgraded residences with spacious three-bedroom, two-bath layouts. Each features a living-room fireplace, an enclosed kitchen balcony, a primary suite with a walk-in closet and ensuite bath, and additional balcony space. The upper residence also provides access to a decked yard and views toward the mountains, marina, and ocean. A third unit is identified as a soon-to-be-permitted ADU and has been completely remodeled with a private garage.

The building provides four garage spaces, storage, and community laundry equipment. Its Playa Del Rey setting places the property minutes from restaurants, coffee shops, Del Rey Lagoon Park, Silicon Beach, and Ballona Creek, with Marina Del Rey, Playa Vista, the Westside, and LAX within a short drive.

The property supports both owner-user and investor-oriented use, subject to applicable permitting and approvals for the ADU.

Key Highlights

  • 3,602‑square‑foot triplex built in 1968
  • Two upgraded residences with 3‑bedroom, 2‑bath layouts
  • Third unit is a completely remodeled, soon‑to‑be‑permitted ADU

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Hair Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 90293, CA

12,633
Population
7,050
Households
1.8
Avg Household Size
41
Median Age
72%
College-Educated
99%
High-School Grad
2.7 sq mi
ZIP Area
4,679
Density / Sq Mi
$130,699
Median Household Income
$83,438
Median Earnings
$2,734
Median Rent
$971,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Beach-area triplex with upgraded residences, private garages, storage, and shared laundry facilities.
Where is this triplex located?
The property is located at 372 Pershing Dr Playa del Rey, CA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: 3,602‑square‑foot triplex built in 1968; Two upgraded residences with 3‑bedroom, 2‑bath layouts; Third unit is a completely remodeled, soon‑to‑be‑permitted ADU
More about this property
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