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101 Catamaran St

Marina Del Rey, CA 90292

Exceptional 6-unit income property two blocks from the beach, with four VACANT UNITS (each 2 Bdrm) @ 5% pro-forma cap rate!

Sales Price $3,000,000

Beds

12

Baths

7.5

Home Size

5661 Sq. Ft.

Lot Size

5021 Sq. Ft.

Request a Showing — 101 Catamaran St

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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!

Quick Facts

  • 74 days on market
  • Built in 1964
  • Total parking spaces 6Car
  • Carport, Assigned
  • Community | Marina Del Rey
  • MLS# | 24-411166

Features

  • Ceiling Fan Cooling
  • Radiant Heat
  • Carpet Floors, Mixed Floors, Tile Floors, Wood Floors
  • Has View
  • City, City Lights, Tree Top Views
Listed By
Tami Pardee
(1252)

Tami Pardee

Founder/CEO | DRE #01421451

Samantha Kinnon
(5)

Samantha Kinnon

Chief Operations Officer  |  DRE #01858397

Listed By Pardee Properties

Explore Marina del Rey, CA

The revitalization of this small seaside community has made this microneighborhood a go-to destination for all who love being by the water.

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