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Marina Del Rey,CA 90292
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,739 sqft
Price per Sqft $1,045
MLS Listing ID 25532907
Bedrooms 7
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1973
Lot Size 3,149 Sqft
Property Description
Prime Marina Income Property - Steps from the Beach! Rare investment opportunity featuring 5 recently retrofitted units just moments from the sand. This low-rise, 3-story multifamily property offers stunning ocean views from the large rooftop deck of the townhouse units, along with a rare 7-car garage, bonus loft or work space and ample natural light in each unit. The mix includes (2) one-bedroom + loft units, (2) two-bedroom + loft units, and (1) one-bedroom/one-bath unit, 4 of which are luxury exempt, so no rent control. If you are looking for the perfect 1031 exchange, short-term rental income, or a profitable investment you can't miss this opportunity! WILL BE DELIVERED VACANT & HAS 5-6% CAP RATE POTENTIAL ... Ideal for investors seeking coastal upside in a premier Marina location.
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Zoning LAR3
Interior
Interior Features Multiple Staircases,Loft
Fireplaces Type Den,Living Room
Fireplace Yes
Appliance Dishwasher
Laundry Common Area
Exterior
Parking Features Private
Garage Spaces 7.0
Garage Description 7.0
View Y/N Yes
View Coastline,Ocean
Porch Open,Patio,Rooftop
Total Parking Spaces 8
Building
Story 3
Entry Level Multi/Split
Architectural Style Contemporary
Level or Stories Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4294003002
Special Listing Condition Standard