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$4,100,000
Est. payment /mo
8 Beds
8 Baths
5,235 SqFt
UPDATED:
09/30/2024 06:49 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,235 sqft
Price per Sqft $783
MLS Listing ID 24394135
Bedrooms 8
HOA Y/N No
Year Built 1970
Lot Size 3,079 Sqft
Property Description
Phenomenal opportunity to own a legal 5-unit property on the Marina Peninsula! 1 block south of the famous Venice Pier and Washington Square. Minutes from the Venice Boardwalk, Abbot Kinney, and Venice Canals. Built in 1970, the property is under LARSO/LA City Rent Control. This building is comprised of 4 market rate units and 1 moderate income unit. 4 of the 5 units are currently rented. The building has a 2 bed + 1 bath Moderate Income Unit (UDU) on the ground floor, the middle floor has a 1 bed + 1 bath & 2 bed + 2 bath, and the top floor has a 1 bed, loft + 2 bath & 2 bed, loft + 2 bath. The top floor units have stunning ocean views with spacious private roof decks. Units 1 & 2 have A/C & heat. Unit 3, 4 & 5 have heat. 8 car carport parking. Seismic retrofit has been completed in the carport. Large private patio along walk street. Great investment property or owner user opportunity.
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Electric
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Garage Attached Carport, Assigned
Carport Spaces 8
View Y/N Yes
View Ocean
Parking Type Attached Carport, Assigned
Attached Garage Yes
Total Parking Spaces 8
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4225001042
Special Listing Condition Standard
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Listed by Kacey Barnett • Sail Realty