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!
Courtesy: Keller Williams Hollywood Hills
Fully remodeled duplex on the Marina Peninsula steps to the sand. 1st time on market in over 50 years this property offers incredible long term investment potential on a quiet walk street close to restaurants, bars and shopping on Washington Blvd. Only one shared wall in the building, each unit boasts expansive upstairs patios and airy living spaces perfect for beach living. Walk street unit is 3 bedrooms and den with private yard steps from the sand. Back unit is 2 bedroom and den. Parking for 3 cars. Very easy to show.
Ocean views and mere steps from the sand, this corner lot is an incredible investment opportunity for an owner-occupant to supplement the mortgage with potential rental income, or to simply experience the joy of coastal luxury and convenience, upscale amenities, and a tight-knit community spirit, as the building will be delivered vacant! Nestled on a picturesque walk street in the heart of the Marina del Rey Peninsula, a renowned coastal enclave known for its laidback, beachside lifestyle, this charming beach bungalow duplex has been fully restored to its original Spanish architectural splendor and comes enhanced with a delightful third bonus unit, offering a prime, central location near popular water-based recreation and 5-star dining and shopping. Spanning 2,092 square feet across three distinct spaces on a 3,150 square foot lot, it totals four bedrooms, four bathrooms, and private carport parking for three vehicles, and also flaunts exclusive easy access to the best beach in Los Angeles. The front unit boasts one bedroom, one bathroom, an open one-story floor plan, hardwood floors, and a private fenced, oversized front yard patio with ocean views. Modern amenities include a full kitchen, on-site laundry, and ample storage space. The rear unit is a one-story, light-filled renovated bungalow with two bedrooms, two bathrooms, modern finishes, stainless steel appliances, in-unit laundry, and a private entrance with parking. The unique and luxurious two-story middle unit offers its own bedroom suite, an oversized deck, and private outdoor space. Close to Venice Beach, Boardwalk, and Pier, and endless options of local events and a vibrant art and cultural scene- all within easy reach, making it a coveted destination for residents and visitors alike!
Amazing opportunity to own a charming triplex located on quiet walk street half a block to the beach! Short walk to all the shops and restaurants on Washington Blvd and the Venice Pier. This property consists of a 3 bed + 2.5 bath house in front, 1 bed + 1 bath & 2 bed + 1 bath units in the rear. The house is currently vacant while the rear two units are tenant occupied and generating great income. The front house has A/C, private patio, private deck with outdoor fireplace, & hardwood floors throughout. The rear units have been updated and are in great shape. All units have in-unit laundry. The property has 3 car garage parking on-site and an additional 1 car parking offsite. Built in 1921, the property is under LARSO/LA City Rent Control. This property is perfect for an owner user or as an investment property.
Marina Del Rey is located in California. Marina Del Rey, California has a population of 9,355. Marina Del Rey is less family-centric than the surrounding county with 28.97% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Marina Del Rey, California is $132,746. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Marina Del Rey is 37.1 years.
The average high temperature in July is 73.8 degrees, with an average low temperature in January of 49.2 degrees. The average rainfall is approximately 13.2 inches per year, with 0 inches of snow per year.
