Homes for sale - 14 Mast St, Marina Del Rey, CA 90292

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Ju-Yao Yang

[email protected] +1(626) 272-4465

$ 4,500,000

Est. payment | -/mo

7 Beds

7 Baths

5,739 SqFt

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$ 4,500,000

Est. payment | -/mo

Save

7 Beds

7 Baths

5,739 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,739 sqft

Price per Sqft $784

MLS Listing ID 25586071

Bedrooms 7

Year Built 1973

Lot Size 3,151 Sqft

Acres 0.0723

Property Description

Location! Location! Location! Rare opportunity to own a 5-unit income, FULLY OCCUPIED property on the Marina del Rey Peninsula, just steps from the sand, in close proximity to the marina, Venice Beach, and all the best of beachside living. This prime coastal asset blends updated interiors, recent building improvements, and strong rental demand in one of Los Angeles' most desirable neighborhoods. The property offers a mix of renovated and newly leased units, with four out of five designated "Luxury Exempt" and not subject to rent control restrictions. Units 2 & 3 have been fully renovated and have a STR permit, while Units 4 & 5 were just leased at market rate, and Unit 1 is occupied by a long-term tenant providing a stable income. Additional highlights include a recently completed seismic retrofit, updated low-maintenance landscaping, garage parking options, and unbeatable proximity to the beach, restaurants, and local entertainment.With its sought-after Marina Peninsula location and combination of stability and upside, this property is a standout opportunity for investors or exchange buyers seeking a turn-key coastal asset. GOI: $290,420... MOTIVATED SELLER- REVIEWING ALL OFFERS

Location

State CA

County Los Angeles

Area Marina Del Rey

Zoning LAR3

Interior

Heating Central, Fireplace

Laundry Community, In Unit, Laundry Area

Exterior

Garage Spaces 8.0

Roof Type Concrete, Flat

Building

Story 3

Structure Type Concrete

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(626) 272-4465

[email protected]

14 Mast St Marina Del Rey, CA 90292