14 Mast ST, Marina Del Rey, CA 90292
14 Mast ST, Marina Del Rey, CA 90292
14 Mast ST, Marina Del Rey, CA 90292
14 Mast ST, Marina Del Rey, CA 90292
14 Mast ST, Marina Del Rey, CA 90292
14 Mast ST, Marina Del Rey, CA 90292
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 4,295,000
Est. payment | /mo

7 Beds

7 Baths

4,858 SqFt

Save
$ 4,295,000
Est. payment | /mo
Save

7 Beds

7 Baths

4,858 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,858 sqft

Price per Sqft $884

MLS Listing ID 26695459

Bedrooms 7

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1973

Lot Size 3,149 Sqft

Property Description

Priced for Quick Sale!! Rare Silicon Beach Investment Property, 5 unit Building on the Marina Peninsula. Located on a beautiful walk street, steps to the beach, close to all the popular restaurants and shops in Venice and Marina Del Rey. All 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 5.3 and Gross income of $309,120 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. 4 Units are Luxury exempt and not subject to rent control restrictions. Earthquake retrofit has been completed. Potential to increase rents to $331,800 with a 5.8 CAP.

Location

State CA

County Los Angeles

Area C12 - Marina Del Rey

Zoning LAR3

Interior

Interior Features Cathedral Ceiling(s), Multiple Staircases

Cooling None

Fireplaces Type Den

Fireplace Yes

Appliance Dishwasher, Microwave, Oven, Refrigerator

Laundry Common Area, Inside

Exterior

Parking Features Door-Multi, Door-Single, Garage, Uncovered

Garage Spaces 7.0

Garage Description 7.0

View Y/N Yes

View Coastline, Ocean

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Sewer Other

Architectural Style Contemporary

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4294003002

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by James Allan Compass #01180635

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.