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14 Mast Street, Marina del Rey, CA 90292 (MLS # 22221681)

Price $4,895,000
Status Active
Beds 7
Baths 7 Baths
Home size 4,858 sqft
Lot Size 3,150 sqft
Days on Market 182
Great opportunity to own a rare Silicon Beach 5 unit Building on the Marina Peninsula with many possibilities. Located on a beautiful walk street, steps to the beach, close to all the popular restaurants and shops in Venice and Marina Del Rey. One of the fastest booming area's becoming the new tech capital of California. Cap rate 3.7 and Gross income of $256,800 annually with great 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 owner 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 completely remodeled. Landscaped garden area located on a beautiful walk street. 4 Units are Luxury exempt. Earthquake retrofit has been completed. Potential to increase rents to $328,800.00 with a 5 CAP. Two units can be delivered vacant at the close of escrow.
Property Type(s): Residential Income
Last Updated 3/30/2023 Year Built 1973
Community Marina Del Rey Garage Spaces 7.0
County Los Angeles

Price History

Prior to Feb 24, '23 $5,095,000
Feb 24, '23 - Mar 30, '23 $4,995,000
Mar 30, '23 - Today $4,895,000

Additional Details

AIR None
APPLIANCES Dishwasher, Microwave, Oven, Refrigerator
AREA Marina Del Rey
GARAGE Door-Multi, Door-Single, Garage, Uncovered, Yes
INTERIOR Cathedral Ceiling(s), Multiple Staircases
LOT 3151 sq ft
PARKING Door-Multi,Door-Single,Garage,Uncovered
STYLE Contemporary



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Listed with Compass

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Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/23 11:01 AM PDT 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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