CA > Playa Del Rey
Playa Del Rey, CA 90293,8404 Pershing DR
Playa Del Rey, CA 90293,8404 Pershing DR
Playa Del Rey, CA 90293,8404 Pershing DR
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$3,100,000
Est. payment /mo
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25625663

HOA Y/N No

Lot Dimensions Assessor

Property Description

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.

Location

State CA

County Los Angeles

Area C31 - Playa Del Rey

Zoning LAC2

Interior

Fireplace No

Exterior

View Y/N Yes

View Coastline, Marina

Building

Lot Description Rectangular Lot

Sewer Other

New Construction No

Others

Senior Community No

Tax ID 4115001037

Special Listing Condition Standard

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CRMLS – RECore
Listed by William James Lyon Stahl Investment Real Estate, Inc.
Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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