8238 W Manchester Ave APT 204, Playa Del Rey, CA, 90293 | $368/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8238 W Manchester Ave APT 204, Playa Del Rey, CA, 90293 | $368/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1550 sft

8701 Delgany Ave UNIT 216, Los Angeles, CA, 90293

2 Bed
2 Bath
1450 sft

8701 Delgany Ave UNIT 210, Los Angeles, CA, 90293

2 Bed
1 Bath
1116 sft

408 W Manchester Ave, Playa Del Rey, CA, 90293

2 Bed
2 Bath
1543 sft

8180 Manitoba St APT 360, Playa Del Rey, CA, 90293

Nearby investment properties with comparable prices

2 Bed
2 Bath
1010 sft

8238 W Manchester Ave APT 110, Playa Del Rey, CA, 90293

2 Bed
2 Bath
1325 sft

8701 Delgany Ave UNIT 110, Los Angeles, CA, 90293

2 Bed
2 Bath
1450 sft

8701 Delgany Ave UNIT 210, Los Angeles, CA, 90293

2 Bed
2 Bath
1382 sft

8701 Delgany Ave UNIT 116, Los Angeles, CA, 90293

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Playa Del Rey at 8238 W Manchester Ave APT 204, Playa Del Rey, CA, 90293 uses $251,685 cash to close to unlock $4,414/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $5,100/mo, and a $3,744/mo payment keeps the spread at $368/mo. Purchase price stands at $765,000, and rental yield measures 8% with $5,100/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 113.01% and total cumulative return in cash records $284,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,100/mo property income covering a $3,744/mo payment rather than investor’s personal income.

Condo

Built in 2008

0.70 Acres lot

$N/A/sqft

No HOA

More details about the property

**ACCEPTING BACK UPS** Modern Coastal Living in the Heart of Silicon Beach // Welcome to your new sanctuary in Playa del Rey where laid-back beach vibes meet everyday luxury // This expansive 2-bedroom, 2-bathroom residence is the perfect blend of style, comfort, and convenience. Step inside to discover a beautifully maintained home with rich hardwood floors and a light-filled open layout that's made for modern living. The well-appointed kitchen includes granite countertops, stainless steel appliances, generous cabinet space, and a breakfast bar that opens to the living and dining areas. Cozy up by the fireplace in the inviting living room or entertain effortlessly in the dedicated dining space. Slide open the doors to your private balcony for a dose of fresh coastal air, perfect for morning coffee or an evening wind-down. The spacious primary suite is a luxurious retreat with a spa-like bathroom, complete with double sinks, a soaking tub, and a separate glass shower. The second bedroom is smartly positioned on the opposite side of the unit, offering flexibility for guests or a home office. Additional highlights include in-unit laundry, central AC and heat, and two gated tandem parking spaces. This professionally managed building offers controlled access, a well-equipped fitness center, and a sparkling outdoor spa, ideal for post-workout relaxation. Located in a sought-after pocket of Playa del Rey, you're just minutes from the beach, bike path, and local hotspots like The Tripel, Playa Provisions, and charming neighborhood cafes. Don't miss your chance to live where the sun, surf, and city connect!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90293, Playa Del Rey, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,199 (100%)
Owner Occupied HU	2,625 (42.3%)
Renter Occupied HU	3,233 (52.2%)
Vacant Housing Units	341 ( 5.5%)
Median Home Value	$1,244,831
Average Home Value	$1,374,257

Housing Distribution

Address Breakdown

Residential

6,887

Single Family

1,973

Multi-Family

4,914

Businesses

237

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

2 Bed
2 Bath
1550 sft

8701 Delgany Ave UNIT 216, Los Angeles, CA, 90293

2 Bed
2 Bath
1450 sft

8701 Delgany Ave UNIT 210, Los Angeles, CA, 90293

2 Bed
1 Bath
1116 sft

408 W Manchester Ave, Playa Del Rey, CA, 90293

2 Bed
2 Bath
1543 sft

8180 Manitoba St APT 360, Playa Del Rey, CA, 90293

Nearby investment properties with comparable prices

2 Bed
2 Bath
1010 sft

8238 W Manchester Ave APT 110, Playa Del Rey, CA, 90293

2 Bed
2 Bath
1325 sft

8701 Delgany Ave UNIT 110, Los Angeles, CA, 90293

2 Bed
2 Bath
1450 sft

8701 Delgany Ave UNIT 210, Los Angeles, CA, 90293

2 Bed
2 Bath
1382 sft

8701 Delgany Ave UNIT 116, Los Angeles, CA, 90293

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2008
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Covered, Secured, Community Structure, Gated Underground, Tandem

Location

City: Playa Del Rey
State: CA
Subdivision: N/A
Lot Size: 0.70 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Lindsey Brodsky • Pardee Properties

Mls Name: CLAW

Mls ID: #25559305

8238 W Manchester Ave APT 204,Playa Del Rey,CA,90293

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

8238 W Manchester Ave APT 204Playa Del ReyCA90293