Silva Babaian Realtor, Real Estate Agent, Granada Hills, CA
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    20649 Avenue Y
    19805 Pearblossom
    82301 Avenue 50
    14 Mast Street, Marina del Rey, CA 90292
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    • MLS#: 24389693 ( Multi-Family )
    • Street Address: 14 Mast Street
    • Viewed: 31
    • Price: $4,995,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1973
    • Bldg sqft: 0
    • Days On Market: 291
    • Additional Information
    • County: LOS ANGELES
    • City: Marina del Rey
    • Zipcode: 90292
    • Provided by: Compass
    • Contact: James James
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    1. Multi-Family
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    1. 31
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