$ 4,800,000
-
$4,800,000
Price -
4
Bed -
4
Bath -
5,739
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLW-X8146110 - CLW-C136194,CLW-C145341
Location! Location! Location! Rare opportunity to own a 5-unit income property on the Marina del Rey Peninsula, just steps from the sand, in close proximity to the marina, Venice Beach, and all the best of beachside living. This prime coastal asset blends updated interiors, recent building improvements, and strong rental demand in one of Los Angeles' most desirable neighborhoods. The property offers a mix of renovated and newly leased units, with four out of five designated "Luxury Exempt" and not subject to rent control restrictions. Units 2 & 3 have been fully renovated and have a STR permit, while Units 4 & 5 were just leased at market rate, and Unit 1 is occupied by a long-term tenant providing a stable income. Additional highlights include a recently completed seismic retrofit, updated low-maintenance landscaping, garage parking options, and unbeatable proximity to the beach, restaurants, and local entertainment.With its sought-after Marina Peninsula location and combination of stability and upside, this property is a standout opportunity for investors or exchange buyers seeking a turn-key coastal asset. 5-6% CAP RATE POTENTIAL ... MOTIVATED SELLER- REVIEWING ALL OFFERS
Listing Highlights for 14 Mast St
Status
Active
Days on Site
55
Property Type
Multi-Family
MLS ®
25586177
Year Built
1973
Total Square Footage
5,739
Lot/Acreage
0.07
County
Los Angeles
Area
C12 - Marina Del Rey
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),High Ceilings
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 7 car
- Parking Spaces: 8
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4294003002
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
14 Mast St Marina del Rey, CA 90292
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
