14 Mast St, Marina Del Rey, CA 90292
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14 Mast St, Marina Del Rey, CA 90292
14 Mast St, Marina Del Rey, CA 90292
14 Mast St, Marina Del Rey, CA 90292
14 Mast St, Marina Del Rey, CA 90292
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$ 4,395,000
Est. payment /mo
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Price Dropped by $100K

14 Mast St Marina Del Rey, CA 90292

7 Beds

7 Baths

4,858 SqFt


UPDATED:

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 $904

MLS Listing ID 26695459

Style Contemporary

Bedrooms 7

Construction Status Updated/Remodeled

Year Built 1973

Lot Size 3,151 Sqft

Acres 0.0723

Property Sub-Type Multi-Family

Property Description

Priced for Quick Sale!! Rare Silicon Beach Investment Property, 5 unit Building on the Marina Peninsula. 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 5.3 and Gross income of $309,120 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. 4 Units are Luxury exempt and not subject to rent control restrictions. Earthquake retrofit has been completed. Potential to increase rents to $331,800 with a 5.8 CAP. All units can be delivered vacant.

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

Parking Features 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)
Listed by Compass

NEARBY SCHOOL & BUSINESS

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14 Mast St

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Name

Name

Phone*

Phone

Message

Message
Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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