9
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$3,100,000
Est. payment /mo
New
8404 Pershing DR Playa Del Rey, CA 90293
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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
Listed by William James Lyon Stahl Investment Real Estate, Inc.
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