12 Catamaran Street, Marina del Rey, 90292

NEWResidential Income For Sale

$2,950,000

Beds
Baths
2,996Sqft
.07Acres
3Garages
1965Built
6DOM
MLS® #: SB19257683
Active, 6 Days on Market

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. 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.

Essential Information

MLS® #: SB19257683
Price: $2,950,000
Square Footage: 2,996
Acres: 0.07
Year Built: 1965
Type: Residential Income
Status: Active

Community Information

Address: 12 Catamaran Street
County: Los Angeles
State: CA
Zip Code: 90292

Amenities

Parking Spaces: 7
# of Garages: 3

Exterior

Lot Description: 0-1 Unit/Acre

Additional Information

Date Listed: November 4th, 2019
Days on Market: 6
Zoning: LAR3

Listing Details

Listing Agent: Nico Rosmarin(02023847)
Listing Office: Lyon Stahl Investment Real Estate, Inc.

Financials

$/SqFt: $985

Welcome to this 0 bedroom 0 bath Residential Income in the Marina Del Rey (C12) section of Marina del Rey located at 12 Catamaran Street built in 1965. It is 0 square feet and the current asking price is $ 2,950,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of November 11th, 2019 at 8:26pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.