Welcome to this exceptional residential income property located in highly desirable Playa Del Rey. This property is a gem that provides immediate rental income and has tremendous potential for development as an apartment building, small lot subdivision, or condo complex. Currently, the property includes an updated 4-bedroom, 3-bathroom main house and a 2-bedroom, 1-bathroom unit above the garage. Both units are well-maintained and in excellent condition. The property sits on a large corner lot that provides ample space for any development you have in mind. This property’s location is ideal, in close proximity to shops, restaurants, entertainment, Loyola Marymount University, LAX, and major highways. Don’t miss out on this opportunity to own a prime piece of Playa Del Rey real estate with excellent income-producing potential and endless development possibilities.