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12 Catamaran StreetPending

Marina Del Rey, CA 90292

0

2900000-100.0%

5Beds

6Baths

-1SqFt


UPDATED

 

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Lot Size 3,071 Sqft

MLS Listing ID SB19257683

Subdivision Ca

Bedrooms 5

HOA Y/N No

Property Description

We are pleased to present 12 Catamaran Street, located in one of the most sought-after markets of Los Angeles-Marina del Rey. This 2,996 SF building was built in 1964 and is situated on a 3,071 SF lot. The property is comprised of two (2) two-bedroom/one-and-a-half-bathroom, one (1) one-bedroom/one-bathroom, and one (1) studio units. Three of the four units will be delivered vacant and the fourth unit can be vacated April of 2020, offering an investor or owner-user immediate rental upside. 12 Catamaran St
We are pleased to present 12 Catamaran Street, located in one of the most sought-after markets of Los Angeles-Marina del Rey. This 2,996 SF building was built in 1964 and is situated on a 3,071 SF lot. The property is comprised of two (2) two-bedroom/one-and-a-half-bathroom, one (1) one-bedroom/one-bathroom, and one (1) studio units. Three of the four units will be delivered vacant and the fourth unit can be vacated April of 2020, offering an investor or owner-user immediate rental upside. 12 Catamaran Street is EXEMPT FROM LOS ANGELES CITY RENT CONTROL, Seller can provide Certificate of Exemption. Additionally, the new vinyl windows were installed in 205 offering sound-proofing for all of the units. Ideally located, steps from the beach and a few blocks from Washington Boulevard, lined with renowned restaurants and bars - this opportunity will not last long. The property offers an astute investor or owner-user the opportunity to acquire a multifamily asset in one of the most desirable neighborhoods in all Southern California. By implementing a light renovation program and filling the units at market rents, 12 Catamaran Street is a truly unique and lucrative investment.

Location

State CA

County Los Angeles

Area Marina Del Rey (90292)

Zoning Public Rec

Building

Lot Size Range 1-3999 SF

Others

Senior Community no

Acceptable Financing Cash,Conventional,Exchange

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Listing provided by Lyon Stahl Investment Real Estate, Inc.

Nearby School & Properties

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PROPERTY HISTORY

Date Event Price Source

    Neighborhood Demographic

    Candi DeMoura Compass

    Candi DeMoura

    Account Holder- Owner | License ID: 01527365

    8589001333

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