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!
Property Details
Price:
$3,300,000
MLS #:
24411166
Status:
Active
Baths:
0
Address:
101 Catamaran Street
Type:
Residential Income
Neighborhood:
c12marinadelrey
City:
Marina del Rey
Listed Date:
Jan 16, 2025
State:
CA
ZIP:
90292
Lot Size:
5,021 sqft / 0.12 acres (approx)
Year Built:
1964
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Refrigerator, Oven, Gas Oven
Fireplace Features
None
Flooring
Carpet, Tile, Wood
Heating
Radiant
Interior Features
Living Room Balcony, Open Floorplan
Exterior
Lot Features
Front Yard, Landscaped
Parking Features
Carport, Assigned
Parking Spots
6.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Other
Spa Features
None
Stories Total
2
View
City Lights
Financial
Map
Community
- Address101 Catamaran Street Marina del Rey CA
- AreaC12 – Marina Del Rey
- CityMarina del Rey
- CountyLos Angeles
- Zip Code90292
Similar Listings Nearby
- 2469 Purdue Avenue
Los Angeles, CA$4,100,000
4.00 miles away
- 323 Culver Boulevard
Playa del Rey, CA$4,000,000
1.59 miles away
- 807 Brooks Avenue
Venice, CA$3,995,000
1.37 miles away
- 828 Venice Boulevard
Venice, CA$3,995,000
1.05 miles away
- 11948 Darlington Avenue
Los Angeles, CA$3,995,000
4.88 miles away
- 11942 Darlington Avenue
Los Angeles, CA$3,975,000
4.88 miles away
- 1423 Euclid Street
Santa Monica, CA$3,950,000
3.32 miles away
- 2408 Ocean Park Boulevard
Santa Monica, CA$3,875,000
2.62 miles away
- 11831 Mayfield Avenue
Los Angeles, CA$3,700,000
4.96 miles away
- 1738 9th Street
Santa Monica, CA$3,700,000
2.78 miles away
Courtesy of Pardee Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
101 Catamaran Street
Marina del Rey, CA
LIGHTBOX-IMAGES