101 Catamaran Street

Marina Del Rey, CA 90292

$3,300,000

List Price

12

bed Beds

7

shower Baths

5,661 sqft

straighten / sqft

1964

calendar_month Built

Open Houses

Next available: Sunday, January 19th, 2025 1:00 pm - 4:00 pm

Save to Open House Schedule

calendar_month Tuesday, January 21st, 2025

12:00 pm - 2:00 pm • Save to Open House Schedule

Property Description

Exceptional 6-unit income property two blocks from the beach, with four VACANT UNITS (each 2 Bdrm) @ 5% pro-forma cap rate! Seconds to the sand, this opportunity is ready to go with new exterior paint, on-site laundry, and six parking spaces. For owner-occupants, the two of the vacant units are side by side on the top floor, providing a rare opportunity for an owner/user to combine them into a spacious, customized living space while still enjoying rental income from the remaining four units. The property boasts an ideal location, allowing residents to enjoy the coastal lifestyle with ease. Imagine creating your dream home with the beach just a short stroll away while benefiting from the steady rental income from the other units. Perfect for investors or those seeking a blend of homeownership and investment, this property is a rare find in one of Southern California's most demanded rental neighborhoods! Situated in one of the best beachside locations, take a short stroll to fabulous restaurants, coffee shops, bars, and more. Bike down to the pier, the Venice Canals, or Abbot Kinney; everything you could want or need is here!

Listing Information

List Price $3,300,000
Status Active
MLS 24411166
Type Residential Income
Year Built 1964
Lot Size 5,021
Structure Size 5,661
Courtesy Of Pardee Properties
Listing Agent Paige Ogden DRE#02060052
Co-Listing Agent Tamra (Tami) Pardee DRE#01421451

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Kitchen Information
Features Tile Counters
Total Bedroom
Bedrooms 12
Bathroom Information
Features Tile Counters
Total Bathroom
Bathrooms 7
Flooring Information
Material Carpet, Tile, Wood
Fireplace Information
Features None
Additional Information
Additional Features Balcony, Open Floorplan

Exterior Information

Maps

Listing information courtesy of: Paige Ogden, Tamra (Tami) Pardee, Pardee Properties 310-907-6517. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 17th, 2025 at 1:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.