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.
Property Details
Price:
$3,100,000
MLS #:
25625663
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c31playadelrey
Listed Date:
Dec 12, 2025
Lot Size:
5,000 sqft / 0.11 acres (approx)
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Community
- Address8404 Pershing DR Playa del Rey CA
- CityPlaya del Rey
- CountyLos Angeles
- Zip Code90293
Market Summary
Current real estate data for Land in Playa del Rey as of Feb 02, 2026
9
Land Listed
100
Avg DOM
$2,750,000
Avg List Price
Property Summary
- 8404 Pershing DR Playa del Rey CA is a Land for sale in Playa del Rey, CA, 90293. It is listed for $3,100,000 and features 0 acres.
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