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.
Lot/land
Price cut: $120K (2/3)
$2,980,000
8404 Pershing Dr, Playa Del Rey, CA 90293
--beds
--baths
5,000.69Square Feet
Unimproved Land
Built in ----
5,000.69 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Desirable beach-adjacent lifestyleRare commercial frontageSmall sizeOutstanding visibilityLimited land supplyBeach-adjacent locationProximity to the ocean
- 66 days |
- 71 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: February 03, 2026 at 02:51am
Listed by:
William James DRE # 01734419 310-600-9858,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838,
Peter James DRE # 01748556 310-467-7581,
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 25625663
Facts & features
Property
Features
- Has view: Yes
- View description: Coastline, Marina
- Has water view: Yes
- Water view: Coastline,Marina
- Frontage length: 50ft
Lot
- Size: 5,000.69 Square Feet
- Dimensions: 50 x 100
- Features: Single Lot, Rectangular Lot, Sidewalks, Near Public Transit
- Topography: Varied
- Residential vegetation: Trees (None)
Details
- Zoning: LAC2
- Special conditions: Standard
Utilities & green energy
- Gas: On Site
- Sewer: In Street
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Playa Del Rey
Financial & listing details
- Date on market: 12/4/2025
- Electric utility on property: Yes
- Road surface type: Asphalt, Sidewalk, Curbed
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Price change | $2,980,000-3.9% |
Source: | ||
| 12/4/2025 | Listed for sale | $3,100,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Playa Del Rey
Nearby schools
GreatSchools rating
- 6/10Paseo Del Rey Natural Science MagnetGrades: K-5Distance: 0.5 mi
- 4/10Katherine Johnson STEM AcademyGrades: 6-8Distance: 0.9 mi
- 6/10Westchester Enriched Sciences Magnet Health/Sports MedicineGrades: 9-12Distance: 0.8 mi
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