For SaleRisky Deal124 days on market
8828 Pershing Dr APT 112
8828 Pershing Dr APT 112, Playa Del Rey, CA 90293, Playa Del Rey, CA 90293
$789,500
Estimate®:$777,000
Listing Price
8828 Pershing Dr APT 112, Playa Del Rey, CA 90293
Loc: Playa Del Rey, CA
Days Listed
124
Tax Assessed
$803k
Estimate®
$777k
Market Rate
Lot Size
1.96 acres
Rent Estimate
$4,045/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Paseo Del Rey Natural Science Magnet
K-5
0.4 mi away
7
Katherine Johnson STEM Academy
6-8
0.7 mi away
5
Westchester Enriched Sciences Magnet Health/Sports Medicine
9-12
0.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
open conceptmid-century moderncontemporaryhardwood flooringnatural wood cabinetrypendant lightingleather sectionalarea rugsbreakfast nookaccent wallspaciousneutral color palettebrightmodern interior
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.37%
Total ROI
32.1%
Cash Flow
$-1,879/mo
DSCR
0.54
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,879/mo net cash flow with a 3.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Playa Del Rey, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-22 | Listed for sale | $789,500 | $561 |
| 2026-05-02 | Listing removed | $790,000 | $561 |
| 2026-01-21 | Price change | $790,000 | $561 |
| 2025-09-28 | Listed for sale | $795,000 | $565 |
| 2025-09-24 | Contingent | $795,000 | $565 |
| 2025-08-05 | Listed for sale | $795,000 | $565 |
| 2020-02-21 | Sold | $720,000 | $512 |
| 2020-01-23 | Pending sale | $725,000 | $515 |
| 2020-01-19 | Listed for sale | $725,000 | $515 |
| 2020-01-12 | Pending sale | $725,000 | $515 |
| 2019-12-22 | Price change | $725,000 | $515 |
| 2019-10-10 | Price change | $755,000 | $537 |
| 2019-09-10 | Listed for sale | $779,000 | $554 |
| 2002-04-03 | Sold | $340,000 | $242 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $803,166 |
| 2025 | $9,451.82 | $787,419 |
| 2024 | $9,340.65 | $771,980 |
| 2023 | $9,160.57 | $756,845 |
| 2022 | $8,732.77 | $742,006 |
| 2021 | $8,619.36 | $727,458 |
| 2020 | $8,697.75 | $683,361 |
| 2019 | $8,267.51 | $294,301 |
| 2018 | $3,502.22 | $288,531 |
| 2017 | $3,502.22 | $282,874 |
| 2016 | $3,426.48 | $277,328 |
| 2015 | $3,335.91 | $273,163 |
| 2014 | $3,303.43 | $267,814 |
| 2012 | $0 | $261,377 |
| 2011 | $0 | $256,253 |
| 2010 | $0 | $254,339 |
| 2009 | $0 | $254,944 |
| 2008 | $0 | $249,946 |
| 2007 | $0 | $245,046 |
| 2006 | $0 | $240,242 |
| 2005 | $0 | $240,242 |
| 2004 | $0 | $230,915 |
| 2003 | $0 | $226,684 |
| 2002 | $0 | $225,000 |
| 2000 | $0 | $200,400 |
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