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Eight-Unit Apartment Building
For Sale
$2,875,000

8324 W Manchester Ave, Playa del Rey, CA 90293

Recent roof, exterior paint, and soft-story retrofit improvements support the apartment property’s updated physical condition.

Property Size5,789 SF
Price / SF$496.63
Days on Market257

Property Features for 8324 W Manchester Ave

General Information

Standard status Active
Size 5,789 SF
Property subtype MULTI_FAMILY

Additional Details

Road Access Yes
Multifamily Units 8

Building Details

Building Size 5,789 SF
Year Built 1959
Listing Agency: Berkadia
Listed By: Steffan Braunlich · License #01859098
Source: Adambrawerestates
Added: Dec 15, 2025 Changed: Aug 29 Last Checked: Aug 29 at 1:12PM

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 Berkadia

Investment Insights

Based on property information with market context.

This eight-unit apartment building contains 5,789 square feet and was constructed in 1959. Recent property work includes roof replacement, exterior painting, and completion of required soft-story retrofitting.

Located at 8324 W Manchester Ave in Playa del Rey, the property has frontage on Manchester Ave and is near Loyola Marymount University, LAX, and the beach. The combination of unit count, building improvements, and established coastal Los Angeles location defines the asset.

Key Highlights

  • Eight‑unit apartment building with 5,789 square feet
  • Roof recently replaced
  • Exterior recently painted

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

8
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

963
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Recent roof, exterior paint, and soft-story retrofit improvements support the apartment property’s updated physical condition.
Where is this apartment building located?
The property is located at 8324 W Manchester Ave Playa del Rey, CA.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: Eight‑unit apartment building with 5,789 square feet; Roof recently replaced; Exterior recently painted
More about this property
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