Twin 4-Unit Buildings in Playa del Rey
Lyon Stahl is pleased to present 8420 & 8428 Gulana Ave, two adjacent 4-unit multifamily buildings in the heart of beautiful Playa del Rey.
Each building features 8 parking spaces and on-site laundry facilities, and there is a lovely shared courtyard. New roofing was just installed last year, giving these buildings a significant boost in value. With a property like this, you’ll be sure to enjoy plenty of upside rent potential, or an amazing redevelopment opportunity!
*Third parcel also available (next door) provides the potential for 21 condos! (buyer to verify with City)
Playa del Rey is a wonderful, tight-knit beach community currently undergoing a major revitalization, spurred by an influx of tech companies in Playa Vista, Venice, and the surrounding areas. The apartment market in Playa del Rey has a huge barrier to entry, and opportunities like this are rare. Call today, before this one-of-a-kind property is gone!