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
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7 BD
7 BA
4,858 SqFt
Active

14 Mast ST Marina Del Rey, CA 90292

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Frances Inda

Frances Inda

+1(858) 753-3405

UPDATED:

10/16/2024 07:51 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,858 sqft

Price per Sqft $1,028

MLS Listing ID 24389693

Bedrooms 7

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1973

Lot Size 3,149 Sqft

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 C12 - Marina Del Rey

Zoning LAR3

Rooms

Ensuite Laundry Common Area, Inside

Interior

Interior Features Cathedral Ceiling(s), Multiple Staircases

Laundry Location Common Area,Inside

Cooling None

Fireplaces Type Den

Fireplace Yes

Appliance Dishwasher, Microwave, Oven, Refrigerator

Laundry Common Area, Inside

Exterior

Garage Door-Multi, Door-Single, Garage, Uncovered

Garage Spaces 7.0

Garage Description 7.0

View Y/N Yes

View Coastline, Ocean

Parking Type Door-Multi, Door-Single, Garage, Uncovered

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Sewer Other

Architectural Style Contemporary

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4294003002

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by James Allan • Compass

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Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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14 Mast ST