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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$5,000,000
Est. payment /mo
7 Beds
7 Baths
5,739 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,739 sqft

Price per Sqft $871

MLS Listing ID 25586071

Bedrooms 7

Year Built 1973

Lot Size 3,151 Sqft

Acres 0.0723

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 Marina Del Rey

Zoning LAR3

Interior

Heating Central, Fireplace

Laundry Community, In Unit, Laundry Area

Exterior

Garage Spaces 8.0

Roof Type Concrete, Flat

Building

Story 3

Structure Type Concrete

Others

Special Listing Condition Standard


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TheMLS (CLAW)
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Kirshner Elkin Properties

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