Marina Del Rey, CA 90292 14 Mast Street
$5,000,000
10 more
Presented By: Vanessa Van Overmeer with Compass;
- MLS# 25586071
- 09/02/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
SQFT • 5,739
Home Details
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
Presented By: Vanessa Van Overmeer with Compass;
Interior Features for 14 Mast Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories3
General for 14 Mast Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.0
Carport Y/NNo
CityMarina Del Rey
Construction MaterialsConcrete
CountyLos Angeles
DirectionsCorner of Speedway and Mast st. One street from Ocean Front
DisclosuresCoastalCommissionRestrictions, FamilialRelation
ElectricStandard
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral, Fireplaces
Home Warranty Y/NNo
Insurance Expense4000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet3151.0
Lot Size UnitsSquareFeet
MLS AreaC12 - Marina Del Rey
MaintenanceExpense2500.0
MobileHomeRemainsYNNo
Net Operating Income180000.0
New ConstructionNo
Number Of Units Total5
Open Parking Spaces1.0
Operating Expense2500.0
Possible UseMultiFamily
PostalCityMARINA DEL REY
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
RoofConcrete, Flat
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Trash Expense1000.0
Year Built1973
ZoningLAR3
Exterior for 14 Mast Street
Building Area Total5739.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, FrontYard, ValueInLand
Lot Size Acres0.0723
Lot Size Area3151.0
Private PoolNo
SpaNo
Total Parking8.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate