1 of 50
Tools
Size
7
Bedrooms
4,858 Sq Ft.
interior
0.07 Acres
Exterior
Financial
$4,995,000
Change Currency
$1,028
Price Per Sqft
Listing Details
Multi Family
Property type
1973
Year Built
4739358
Web Id
24-389693
MLS ID
145
Days Posted
Description
14 Mast St,
Marina Del Rey,
CA
90292
Marina Del Rey, CA 90292
Great opportunity to own a rare Silicon Beach 5 unit Building on the Marina Peninsula with many possibilities. Located on a beautiful walk street, steps to the beach, close to all the popular restaurants and shops in Venice and Marina Del Rey. All New York style lofts and recently remodeled units, complete with some sq ft expansion, common area remodel, Earthquake/ soft story retrofit and new garage doors. Cap rate 4.5 and Gross income of $298,920 annually with great upside potential. 2 Multi level units some with 2 story living rooms with multipurpose loft area. Great mix of units, most with their own private garages. 2 units have large spectacular Ocean view rooftop patios. Many possibilities from short term rentals, or owner user one or a few of the units. Possibilities are endless. Multi-level units have large, bright 2 story living rooms with open kitchen w/ stainless steel appliances with granite counter tops and more. Units 2 and 3 have been completely remodeled. Landscaped garden area located on a beautiful walk street. 4 Units are Luxury exempt. Earthquake retrofit has been completed. Potential to increase rents to $348,000 with a 5.5 CAP. Most units can be delivered vacant, please inquire.
This is an Active listing.
Broker Office Phone Number: 310-437-7500
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 310-437-7500
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Garage
Price History
date | price | variance | type |
---|---|---|---|
5/9/2024 | $4,995,000 | - | Listed |
Listing By: Compass via Data Source: TheMLSCLAW
listing agent: James Allan