6615 Pacific Ave is a rare, beachfront 15-unit multifamily property positioned directly along the sand in Playa del Rey, one of Los Angeles’ most supply-constrained coastal submarkets. The two-story building sits on a 12,424 SF lot and spans approximately 15,683 SF, offering unobstructed beach frontage, expansive ocean views, and a level of scale that is increasingly difficult to replicate along the Southern California coastline.

The property features a well-balanced unit mix consisting of (10) 2+2 units, (4) 1+1 units, and (1) 3+2.5 penthouse with direct ocean views. Most units benefit from partial or full Pacific Ocean vistas, with select residences opening toward the sand and coastline. The configuration, combined with the beachfront setting, supports durable tenant demand and premium long-term positioning within the Playa del Rey rental market.

Beachfront Setting and Outdoor Amenities

One of the defining characteristics of 6615 Pacific Ave is its direct relationship to the beach. The property opens onto a landscaped, ocean-facing patio area that functions as a true extension of the living environment. Outdoor seating areas, dining tables, and grilling stations sit just steps from the sand, creating a rare communal amenity that feels more like a private beachfront resort than a conventional apartment property.

Photos confirm uninterrupted sightlines toward the Pacific, with sunsets, coastal breezes, and immediate beach access forming the core tenant experience. This beachfront orientation significantly differentiates 6615 Pacific Ave from nearby coastal properties that lack direct sand frontage.

Building Design and Common Areas

Architecturally, the property reflects classic Southern California coastal design, with clean stucco finishes, a red-tile roof, and open walkways oriented around the central courtyard and pool area. The interior courtyard features a heated swimming pool surrounded by lounge seating, providing an additional private amenity separate from the beach itself.

The courtyard layout allows natural light to reach interior walkways and units while maintaining a sense of privacy from the public beachfront. Mature landscaping and perimeter greenery soften transitions between common areas and private residences, reinforcing a relaxed coastal atmosphere throughout the property.

Parking, Infrastructure, and Capital Improvements

6615 Pacific Ave offers gated subterranean parking, a highly valuable amenity for a beachfront property where street parking is limited. Controlled access enhances security and tenant convenience while preserving the clean street-level presentation of the building.

The property has benefited from key capital improvements, including a new roof and new windows installed in 2016. Seismic retrofitting has been completed, reducing near-term structural exposure and aligning the asset with current compliance standards for Los Angeles multifamily properties.

Value-Add Profile and Rent Positioning

From an investment perspective, 6615 Pacific Ave presents a clear value-add opportunity. Current rents are approximately 38% below market for nicely remodeled beachfront units in the immediate Playa del Rey area. This gap provides meaningful upside through interior renovations and lease-up, while the existing tenant base supports stable in-place income during the transition.

The combination of irreplaceable beachfront land, strong unit layouts, and below-market rents creates flexibility for investors to execute renovations on a measured timeline while preserving cash flow.

Location and Market Context

Playa del Rey remains one of the most tightly held coastal neighborhoods in Los Angeles, bordered by Marina del Rey, Venice, Manhattan Beach, and Playa Vista. The location offers proximity to major employment hubs, including Silicon Beach, LAX, and Westside creative and tech corridors, while maintaining a quieter, residential beachfront character.

For Los Angeles multifamily investors, 6615 Pacific Ave represents true coastal scarcity. New beachfront multifamily development is virtually nonexistent, and existing assets of this scale rarely come to market.

Conclusion

6615 Pacific Ave offers a rare opportunity to acquire a generational beachfront multifamily asset in Playa del Rey. The combination of 15 units, direct sand frontage, expansive ocean views, resort-style amenities, completed seismic work, and significant rental upside positions the property as a long-term hold in one of Southern California’s most irreplaceable coastal locations.

For additional context on how this property has been positioned and transacted, view the 6615 Pacific Ave success story here.