CA > Marina Del Rey
Marina Del Rey, CA 90292,14 Mast ST
Marina Del Rey, CA 90292,14 Mast ST
Marina Del Rey, CA 90292,14 Mast ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$5,000,000
Est. payment /mo
3,149 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25586071

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! 5-6% CAP RATE POTENTIAL ... Ideal for investors seeking coastal upside in a premier Marina location. MOTIVATED SELLER- REVIEWING ALL OFFERS

Location

State CA

County Los Angeles

Area C12 - Marina Del Rey

Zoning LAR3

Interior

Heating Central, Fireplace(s)

Fireplace No

Laundry Common Area

Exterior

Roof Type Concrete,Flat

Total Parking Spaces 8

Building

Lot Description Corner Lot, Front Yard, Value In Land

Story 3

Others

Tax ID 4294003002

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Vanessa Van Overmeer Compass

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