14 Mast Street new

Marina Del Rey,CA 90292

$ 6000000

- Bed

0 Bath

5739 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,739 sqft

Price per Sqft $1,045

MLS Listing ID CL25532907

HOA Y/N No

Year Built 1973

Lot Size 3,151 Sqft

Acres 0.07

Property Sub-Type Other

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

Zoning LAR3

Interior

Fireplace No

Laundry Community Facility

Exterior

View Y/N true

View Other,Ocean

Building

New Construction No

Others

Tax ID 4294003002

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