7-Unit Apartment
7736 Paseo Del Rey Unit 7, Playa del Rey, CA 90293
For Sale
$2,500,000
One- and two-bedroom residences include private outdoor areas, assigned parking, and on-site laundry.
Property Size7,684 SF
Price / SF$325.35
Days on Market455
Property Features for 7736 Paseo Del Rey Unit 7
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
private patios or balconies
midcentury-style fireplaces
updated flooring
assigned parking
on-site laundry
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Beach City Brokers
Listed By:
Patricia Hamada · License CA #01231682
(310) 613-5582
Source:
Carrabbagroup
Added: Aug 12, 2025
Changed: Nov 8
Last Checked: Nov 8 at 3:23PM
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 Beach City Brokers
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Investment Insights
Based on property information with market context.
At 7736 Paseo Del Rey, this 7-unit apartment property contains 7,684 square feet and was built in 1963. The residences offer one- and two-bedroom layouts, with a patio or balcony, a midcentury-style fireplace, updated flooring, and natural light in each unit. Assigned parking and laundry facilities are provided on site, and the grounds are landscaped.
The property is a short walk from the beach and Playa Del Rey village, with dining, shopping, and entertainment nearby.
The property is a short walk from the beach and Playa Del Rey village, with dining, shopping, and entertainment nearby.
Key Highlights
- 7 apartment units with a mix of one- and two‑bedroom layouts
- 7,684 square feet; built in 1963
- Each unit has a private patio or balcony and a midcentury‑style fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,642
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,472,840
$2.5M
Cap Rate 7%
$1,766,314
$1.8M
Cap Rate 9%
$1,373,800
$1.4M
Market Conditions
NOI Build-Up for 7,684 SF
Gross rent
$244.4K $31.80/SF
− Vacancy
−$19.5K −$2.54/SF
EGI
$224.8K $29.26/SF
− OpEx
−$101.2K −$13.17/SF
NOI
$123.6K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,472,840
Cap Rate 7%
$1,766,314
Cap Rate 9%
$1,373,800
Alternative Uses
Best Use
Apartment 5plus
$1.77M
$1.55M – $2.06M
NOI $123,642 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.21M
$2.81M – $3.74M
NOI $224,571 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
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Business Placement
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
$971,800
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - One- and two-bedroom residences include private outdoor areas, assigned parking, and on-site laundry.
Where is this apartment building located?
The property is located at 7736 Paseo Del Rey Unit 7 Playa del Rey, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 7 apartment units with a mix of one- and two‑bedroom layouts; 7,684 square feet; built in 1963; Each unit has a private patio or balcony and a midcentury‑style fireplace
