$4,995,000 Price Analysis 14 Mast StMarina del Rey, CA 90292 7 bed 7 bath 4,858 SqFt ($1028/SqFt) 3,151SqFt lot. Built 1973 Listed 2024-05-09, Taxes $44,311 | Ⓧ USDA Ineligible due to price & location near Marina del Rey |
Located on a charming walk street, steps to the beach, close to all the popular restaurants and shops in Venice and Marina Del Rey. All Brand 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 tremendous 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 ownr 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 complete ly remodeled. Landscaped garden area located on a attractive 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.
Presented by James Allan at
COMPASS.
Property MLS #24-389693 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $1,116,900 + $2,606,100 $3,723,000 | $44,311 |
2021 | $447,513 + $471,067 $918,580 | $11,663 |
2020 | $442,925 + $466,237 $909,162 | $11,770 |
2019 | $434,241 + $457,096 $891,337 | $11,328 |
2018 | $425,727 + $448,134 $873,861 | $11,260 |
2017 | $417,380 + $439,348 $856,728 | $10,983 |
2016 | $409,197 + $430,734 $839,931 | $10,679 |
2015 | $403,051 + $424,264 $827,315 | $10,530 |
2014 | $395,156 + $415,954 $811,110 | $10,589 |
2013 | $393,371 + $414,075 $807,446 | $10,574 |
2012 | $385,658 + $405,956 $791,614 | $10,712 |
2010 | $378,097 + $397,997 $776,094 | $10,418 |
2009 | $376,164 + $395,962 $772,126 | $10,039 |
2009 | $375,272 + $395,023 $770,295 | $10,039 |
2008 | $368,789 + $388,199 $756,988 | $9,625 |
2007 | $361,558 + $380,588 $742,146 | $9,295 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.