Description
Prime marina income property - steps from the beach! motivated seller- reviewing all offers by 5/31/25- 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.
Property Type
Residential IncomeCounty
Los AngelesStyle
ContemporaryAD ID
49571331
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 7
Bathroom Information
- Total Baths: 7
- Full Baths: 0
- Half Baths: 0
Interior Features
- Interior Features: Multiple Staircases,Loft
- Property Appliances: Dishwasher
- Fireplace: Den,Living Room
Fireplace
- Fireplace Features: Den,Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1973
- Building Area Total: 5,739
Laundry Features
- Common Area
Patio And Porch
- Open,Patio,Rooftop
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0723
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 3151
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Listing Information
Listing Price Information
- Original List Price: 5,290,000
- Listing Contract Date: 2025-05-01
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 4294003002
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Private
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C12 - Marina Del Rey
- Postal Code Plus 4: 5978
- Directions: Between Pacific ave. on the corner of Mast st. and Ocean Front Walk
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C12 - Marina Del Rey
Building and Construction
- Property Age: 52
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 5739
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 06/11/2025 @ 09:41
- MLS: 25532907
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is for sale, it has 5,739 sqft, 3,151 sized lot, and 7 parking. are nearby neighborhoods.