14 Mast Street,Marina Del Rey, CA 90292
Marina Del Rey, CA 90292
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.
Details
| MLS # | 25539925 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 64 |
| Listing Provided By | Compass | Vanessa Van Overmeer |
Features
| SQ Feet | 5,739 |
|---|---|
| Story(s) | 3 |
| Units | 5 |
| Zoning | LAR3 |
| Acreage | 0.07 |
Interior
| Heating | Forced Air |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Concrete |
|---|---|
| Construction Materials | Stucco |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Marina Del Rey |
| Zip Code | 90292 |
| Area | C12 Marina Del Rey |
 | $5,290,00014 Mast StreetMarina Del Rey, CA 90292 |