8404 Pershing Drive
Playa Del Rey, CA 90293
$2,980,000
$3,100,000
About This Property
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.
Listed by William James • Lyon Stahl Investment Real Estate, Inc. and Peter James • Lyon Stahl Investment Real Estate, Inc.
Key Highlights
View
Coastline,Marina
Property Details
Property Type
Land
Style
Other
MLS Number
25625663
Status
Active
Listed Date
12/4/2025
Lot Size
5,000 sqft
Lot Acres
0.11
Zoning
LAC2
Interior Features
Exterior & Parking
View
Coastline,Marina
Interested in this property?
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Estimated Monthly Cost
*Estimate only. Based on 20% down, 6.5% rate, 30-year fixed. LA County property tax rate of 1.21%. Actual costs may vary.
Property History
No historical sales records available for this property.
Playa Del Rey Market Data
Market statistics are not available for this area.
Based on information from CLAW (Combined LA/Westside MLS) as of 3/16/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc..