$3,550,000

Est. payment -/mo

$3,700,000

4.1%

Est.Price: ?

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3305 Ocean Front Marina Del Rey, CA 90292

5 Beds

5 Baths

SOLD DATE : 12/29/2023

Key Details

Sold Price $3,550,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23069016

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

SELLER FINANCING AVAILABLE!!! Yes, the seller will carry the debt at 4% Interest Only with 40% down on this asset for three years. One of the cheapest lots on Ocean Front Walk for sale in years! 3305 Ocean Front Walk is a vacant duplex located on one of the nicest beaches in all of LA County - just steps from the sand! New buyer can take advantage of this opportunity by building new construction, or renovating the building to collect $35,000/month (AirBnB) in rental income! The upstairs 3Bed+3Bath is broken into two separate units, a 2Bed+2Bath and a 1Bed+1Bath rec room which can easily be converted into an ADU, providing additional income and an extra unit. There are two tuck under parking spots, as well as rooftop access, and laundry hookups in each unit. The subject property is located on the Marina Peninsula - one of the most desirable locations in all of Los Angeles. It is just walking distance from many restaurants, shops, Abbot Kinney Blvd, Venice Canals and the Marina.