REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,000,000
Est. payment | /mo
5,739 SqFt
$ 5,000,000
Est. payment | /mo
5,739 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,739 sqft
Price per Sqft $871
MLS Listing ID CL25586177
HOA Y/N No
Year Built 1973
Lot Size 3,151 Sqft
Acres 0.07
Property Sub-Type Other
Property Description
Prime Marina Income Property - Steps from the Beach! - Rare investment opportunity featuring 5 recently retrofitted units just moments from the sand. This low-rise, 3-story multifamily property offers stunning ocean views from the large rooftop deck of the townhouse units, along with a rare 7-car garage, bonus loft or work space and ample natural light in each unit. The mix includes (2) one-bedroom + loft units, (2) two-bedroom + loft units, and (1) one-bedroom/one-bath unit, 4 of which are luxury exempt, so no rent control.If you are looking for the perfect 1031 exchange, short-term rental income, or a profitable investment you can't miss this opportunity! 5-6% CAP RATE POTENTIAL ... Ideal for investors seeking coastal upside in a premier Marina location. MOTIVATED SELLER- REVIEWING ALL OFFERS
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Fireplace No
Appliance Dryer
Laundry Common Area, Dryer, Washer
Building
New Construction No
Others
Tax ID 4294003002
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Vanessa Van Overmeer • Compass
GET MORE INFORMATION
Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447