$4,100,000 Price Analysis   ♡   Marina del Rey, CA 90292 8 bed 8 bath 5,235 SqFt ($783/SqFt) 3,081SqFt lot. Built 1970 Listed 2024-05-20, Taxes $11,034 | Ⓧ USDA Ineligible due to price & location near Marina del Rey |
Phenomenal opportunity to own a legal 5-unit property on the Marina Peninsula!
1 bl ock 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 and 2 bed + 2 bath and the top floor has a 1 bed, loft + 2 bath and 2 bed, loft + 2 bath.
The top floor units have stunning ocen views with open private roof decks. Units 1 and 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.
Presented by Kacey Barnett at
Sail Realty.
Property MLS #24-394135 from TheMLSCLAW
Full Bathrooms: 8
Heating Features: Wall
Garage Description: Assigned, Carport Attached
Parking Total: 8
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 3081
Other Equipment: Dishwasher, Refrigerator, Range/Oven, Microwave
Calculated Total Monthly Association Fees: 0
Number of Units: 5
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2651, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 3500, 3 BedsTotal: 2, 3 BathsTotal: 2, 3 SquareFeet: 4500, 4 BedsTotal: 1, 4 BathsTotal: 2, 4 SquareFeet: 5500, 5 BedsTotal: 2, 5 BathsTotal: 2, 5 SquareFeet: 7000
County: Los Angeles
Cap Rate: 5.16
Directions: South on Pacific Ave. West on Anchorage St.
Source Property Type: Residential Income
Area: Marina Del Rey
Source Neighborhood: Marina Del Rey
Parcel Number: 4225-001-042
Postal Code Plus 4: 5162
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $369,791 + $529,527 $899,318 | $11,034 |
| 2021 | $362,541 + $519,145 $881,686 | $10,872 |
| 2020 | $358,824 + $513,822 $872,646 | $10,958 |
| 2019 | $351,789 + $503,748 $855,537 | $10,532 |
| 2018 | $344,892 + $493,871 $838,763 | $10,468 |
| 2017 | $338,130 + $484,188 $822,318 | $10,247 |
| 2016 | $331,500 + $474,695 $806,195 | $9,969 |
| 2015 | $326,521 + $467,565 $794,086 | $9,826 |
| 2014 | $320,125 + $458,407 $778,532 | $9,893 |
| 2013 | $318,679 + $456,336 $775,015 | $10,187 |
| 2012 | $312,431 + $447,389 $759,820 | $10,321 |
| 2010 | $306,305 + $438,617 $744,922 | $10,030 |
| 2009 | $304,739 + $436,374 $741,113 | $9,667 |
| 2009 | $304,016 + $435,339 $739,355 | $9,667 |
| 2008 | $298,764 + $427,818 $726,582 | $9,267 |
| 2007 | $292,906 + $419,430 $712,336 | $8,956 |
$4,100,000
TheMLSCLAW
Listing removed 2022-12-17
$0
Zumper
Listing removed 2022-12-16
$0
TurboTenant
Price Changed for rent 2022-12-13
$4,800
Zumper
Price Changed for rent 2022-12-12
$4,800
TurboTenant
Listed for rent 2022-11-29
$4,950
Zumper
Listed for rent 2022-11-28
$4,950
TurboTenant
Sold 1980-02-22
$59,000
Public Record
Year Built: 1970
Common Walls: Attached
Levels: Three Or More Levels
Living Area Source: Assessor
Property Age: 54
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Vendor Enhanced
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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.