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7749 7755 Saint Bernard Street, Playa Del Rey, California 90293, Playa Del Rey, 90293 - bed, bath

7749 7755 Saint Bernard Street, Playa Del Rey, California 90293 home-pic-0
ACTIVE$4,500,000
7749 7755 Saint Bernard Street, Playa Del Rey, California 90293
0Bed
0Bath
16,768Sqft
17,106Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Amenities: Located in the highly desirable Playa Del Rey (Silicon Beach tech hub), offering tenants immediate access to Lulu's Place, a state-of-the-art sports facility, alongside on-site private balconies/patios and a pool.
Top Cons:
Age of Property & Potential for Interior Updates: Built in 1962, while major structural and roof updates are complete, the description lacks specifics on individual unit interior conditions, suggesting potential for further renovation costs to achieve the stated rental upside.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1962 (63 years old).
Condition: Built in 1962, the property has benefited from recent significant building-level updates, including a new roof and soft story retrofit, which are excellent for structural integrity. However, the interior units, particularly the kitchens and bathrooms shown in the images, are largely dated with older appliances, tile countertops, linoleum flooring, and older fixtures. While functional and maintained, these interiors require substantial updates to achieve modern standards and fully realize the advertised 55% rental upside.
Year Built
1962
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$268
HOA
-
Days on market
-
Sold On
-
MLS number
SB25227996
Home ConditionFair
Features
Pool
Patio
View-

About this home

**CALL FOR OFFERS FRIDAY 31, 2025 || EXCLUSIVE TOUR WEDNESDAY 29th ** CONTACT US FOR MORE INFO Incredible 14 unit Trophy Asset being offered below replacement cost and well below the market on price per foot. All units are oversized and offer private balconies and patios as well as a on-site pool. Located in the highly desirable location of Playa Del Rey or tech hub, Silicon Beach, this property not only has on-site amenities but has the advantage of being steps from LuLu's place. Lulu's place is a state of the art sports facility offering free access to Tennis Courts, Pickleball, Volleyball, Soccer Fields, and more. Tenants will have their own private country club in their backyard. The Haywood Apartments are not only in one of the most desirable pockets of Los Angeles, but can be acquired at a 5% Cap Rate and a sub-12 GRM with 55% rental upside. This asset is well maintained and recently had it's Soft Story Retrofit completed as well as a brand new roof. To add to this property's desirability, The Haywood also has the most ideal unit mix with nine 2-bed and 2-bath units, and four 1-bed and 1-bath units, and just one 3-bed and 3-bath unit. The Haywood apartments just get better and better. Do not miss your opportunity to own a well-maintained Trophy Asset in an A+ location with 55% upside in value being offered under current indicators.

Nearby schools

4/10
Paseo Del Rey Natural Science Magnet
Public,•K-5•0.1mi
4/10
Loyola Village Elementary School
Public,•K-5•0.8mi
6/10
Playa Vista Elementary
Public,•K-6•1.3mi
8/10
Playa Del Rey Elementary School
Public,•K-5•2.4mi
9/10
Richmond Street Elementary School
Public,•K-5•2.4mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•2.6mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•1.9mi
2/10
Marina Del Rey Middle School
Public,•6-8•2.3mi
8/10
El Segundo Middle School
Public,•6-8•3.0mi
4/10
Westchester Enriched Sciences Magnets
Public,•9-12•0.5mi
10/10
El Segundo High School
Public,•9-12•2.4mi
6/10
Venice Senior High School
Public,•9-12•3.0mi
Condition Rating
Fair
Built in 1962, the property has benefited from recent significant building-level updates, including a new roof and soft story retrofit, which are excellent for structural integrity. However, the interior units, particularly the kitchens and bathrooms shown in the images, are largely dated with older appliances, tile countertops, linoleum flooring, and older fixtures. While functional and maintained, these interiors require substantial updates to achieve modern standards and fully realize the advertised 55% rental upside.
Pros & Cons

Pros

Prime Location & Amenities: Located in the highly desirable Playa Del Rey (Silicon Beach tech hub), offering tenants immediate access to Lulu's Place, a state-of-the-art sports facility, alongside on-site private balconies/patios and a pool.
Significant Investment Upside: Presents a compelling investment opportunity with a projected 55% rental upside, a 5% Cap Rate, and a sub-12 GRM, indicating strong potential for increased returns.
Ideal Unit Mix: Features a highly desirable unit mix, including nine 2-bed/2-bath, four 1-bed/1-bath, and one 3-bed/3-bath unit, catering to a broad tenant demographic.
Recent Capital Improvements: The asset is well-maintained with recent significant upgrades, including a completed Soft Story Retrofit and a brand new roof, reducing immediate capital expenditure for a new owner.
Attractive Valuation: Being offered below replacement cost and well below the market on a price-per-foot basis, positioning it as a 'Trophy Asset' with inherent value.

Cons

Age of Property & Potential for Interior Updates: Built in 1962, while major structural and roof updates are complete, the description lacks specifics on individual unit interior conditions, suggesting potential for further renovation costs to achieve the stated rental upside.
Ambiguous 'Mixed Use' Sub-type: Listed as 'Residential' type but 'Mixed Use' sub-type, which may require further due diligence to understand any potential commercial components or zoning implications not detailed in the description.
Limited Information on Building Systems: Beyond the roof and soft story retrofit, there is no specific mention of updates to other critical building systems (e.g., plumbing, electrical, HVAC), which could be original and require future investment.

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