101 Catamaran ST Open House Save Request In-Person Tour Request Virtual Tour
Marina Del Rey,CA 90292
OPEN HOUSE
Sun Jan 19, 1:00pm - 4:00pm Tue Jan 21, 12:00pm - 2:00pm
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,661 sqft
Price per Sqft $582
MLS Listing ID 24411166
Bedrooms 12
Year Built 1964
Lot Size 5,022 Sqft
Property Description
Exceptional 6-unit income property two blocks from the beach, with four VACANT UNITS (each 2 Bdrm) @ 5% pro-forma cap rate! Seconds to the sand, this opportunity is ready to go with new exterior paint, on-site laundry, and six parking spaces. For owner-occupants, the two of the vacant units are side by side on the top floor, providing a rare opportunity for an owner/user to combine them into a spacious, customized living space while still enjoying rental income from the remaining four units. The property boasts an ideal location, allowing residents to enjoy the coastal lifestyle with ease. Imagine creating your dream home with the beach just a short stroll away while benefiting from the steady rental income from the other units. Perfect for investors or those seeking a blend of homeownership and investment, this property is a rare find in one of Southern California's most demanded rental neighborhoods! Situated in one of the best beachside locations, take a short stroll to fabulous restaurants, coffee shops, bars, and more. Bike down to the pier, the Venice Canals, or Abbot Kinney; everything you could want or need is here!
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Zoning LAR3
Interior
Heating None
Flooring Carpet,Tile,Wood
Fireplaces Type None
Laundry Common Area,Laundry Room
Exterior
Parking Features Assigned,Carport
Pool None
View Y/N Yes
View City Lights
Building
Lot Description Front Yard,Landscaped
Story 2
Sewer Other
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard