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.
DAYS ON MARKET
|
179
|
LAST UPDATED
|
5/20/2024
|
YEAR BUILT
|
1970
|
COMMUNITY
|
Marina Del Rey
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AIR |
Electric |
AIR CONDITIONING |
Yes |
APPLIANCES |
Dishwasher, Microwave, Refrigerator |
AREA |
Marina Del Rey |
GARAGE |
Assigned, Attached Carport, Yes |
HEAT |
Wall Furnace |
LOT |
3081 sq ft |
PARKING |
Attached Carport,Assigned |
STORIES |
3 |
VIEW |
Yes |
VIEW DESCRIPTION |
Ocean |
ZONING |
LAR3 |
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Listed with Sail Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/15/24 12:22 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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