101 Catamaran Street, Marina Del Rey, CA 90292

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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!


Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Kitchen Information
Features Tile Counters
Bedroom Information
Bedrooms 12
Bathroom Information
Features Tile Counters
Bathrooms 7
Flooring Information
Material Carpet, Tile, Wood
Interior Information
Features Balcony, Open Floorplan

Listing Information

Address 101 Catamaran Street
City Marina Del Rey
State CA
Zip 90292
County Los Angeles
Listing Agent Paige Ogden DRE #02060052
Co-Listing Agent Tamra (Tami) Pardee DRE #01421451
Courtesy Of Pardee Properties
List Price $3,300,000
Status Active
Type Residential Income
Structure Size 5,661
Lot Size 5,021
Year Built 1964

Listing information courtesy of: Paige Ogden, Tamra (Tami) Pardee, Pardee Properties. *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.