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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$4,995,000
Est. payment /mo
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7 BD
7 BA
4,858 SqFt
Active

14 Mast St Marina Del Rey, CA 90292

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Brad Hansen

Brad Hansen

+1(714) 697-3315

UPDATED:

10/16/2024 07:18 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,858 sqft

Price per Sqft $1,028

MLS Listing ID 24-389693

Style Contemporary

Bedrooms 7

Construction Status Updated/Remodeled

Year Built 1973

Lot Size 3,151 Sqft

Acres 0.0723

Property Description

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.

Location

State CA

County Los Angeles

Area Marina Del Rey

Zoning LAR3

Rooms

Other Rooms None

Kitchen Granite Counters

Interior

Interior Features 2 Staircases, Cathedral-Vaulted Ceilings

Heating Wall Gas

Cooling None

Fireplaces Type Den

Equipment Dishwasher, Range/Oven, Refrigerator

Laundry Community, Inside, In Unit

Exterior

Garage Garage - 1 Car, Garage - 2 Car, Uncovered

Garage Spaces 8.0

View Y/N Yes

View Coastline, Ocean

Building

Story 3

Sewer In Street

Water In Street

Architectural Style Contemporary

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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Brad Hansen

Agent | License ID: 02107751

+1(714) 697-3315

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14 Mast St