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    Property profile & analytics

    7838 Manchester Ave Playa Del Rey, CA 90293-8429

    • Apartment buildings
    • 6,740 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $2,640,000
    Last Sale
    Oct 29, 2021
    $2,760,027
    Location Intelligence
    Property ID
    US10-0511356
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 7838 Manchester Ave

    Year built
    1961
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    6,740 SF
    Zone code
    LAR3
    Property type
    Apartment buildings
    APN
    4118-001-008
    APU
    4118001008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,000,000
      6.5%
      $3,025,000
      7%
      $2,675,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,655,000
      Geo Method
      $2,710,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,405,000
      Retail
      $2,475,000
      Mixed-Use
      $3,340,000
      Hospitality
      $2,450,000
      Educational
      $2,840,000
      Residential Income
      $3,355,000
      Energy
      $2,530,000
      Income-Based Land
      $3,245,000
      Food Service
      $2,935,000

    Location Insight

    • Map
    • Local Demand
    City
    Playa Del Rey
    County
    Los Angeles
    State
    California
    Longitude
    -118.434
    Latitude
    33.9594
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $35,689
    $2,247,264
    $624,240
    $2,871,504
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      65,671 SF

      8040 Manchester Ave

      APARTMENT HOUSE (5+ UNITS) • 65,671 SF
      8040 Manchester Ave, Playa Del Rey, CA 90293-7100
      View Details
    • Value Estimation by Request
      8,840 SF

      7754 Paseo Del Rey

      APARTMENT HOUSE (5+ UNITS) • 8,840 SF
      7754 Paseo Del Rey, Playa Del Rey, CA 90293-8341
      View Details
    • Value Estimation by Request
      10,285 SF

      Playa Del Rey, CA 90293

      APARTMENT HOUSE (5+ UNITS) • 10,285 SF
      Playa Del Rey, CA 90293
      View Details
    • Value Estimation by Request
      7,684 SF

      7736 Paseo Del Rey, Unit 7

      APARTMENT HOUSE (5+ UNITS) • 7,684 SF
      7736 Paseo Del Rey, Playa Del Rey, CA 90293-8344
      View Details
    • Value Estimation by Request
      5,504 SF

      8118 83rd St

      APARTMENT HOUSE (5+ UNITS) • 5,504 SF
      8118 83rd St, Playa Del Rey, CA 90293-7873
      View Details
    • Value Estimation by Request
      4,451 SF

      316 Pershing Dr

      APARTMENT HOUSE (5+ UNITS) • 4,451 SF
      316 Pershing Dr, Playa Del Rey, CA 90293-7740
      View Details

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    Similar Nearby for Lease

    • $3,200 /Mo

      Culver City Specialty Property Available

      Specialty property available for rent in Los Angeles.
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      View Details
    • $3,200 /Mo
      2,692 SF

      Playa del Rey Office Space

      Second-floor office space near the beach with 24-hour access.
      165 Culver Blvd, Playa del Rey, CA 90293
      View Details
    • $9,500 /Mo
      1,742 SF

      Prime Retail Space Near Beach

      Versatile retail/office space near the beach in Playa del Rey.
      177 Culver Blvd, Playa del Rey, CA 90293
      View Details
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    7838 Manchester Ave
    Playa Del Rey, CA 90293-8429
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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