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Marina Del Rey,CA 90292
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25539925
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
Heating Forced Air
Laundry Common Area
Exterior
Roof Type Concrete
Building
Story 3
Others
Special Listing Condition Standard