Marina Del Rey CA Real Estate & Commercial for Sale

The median home value in Marina Del Rey, CA is $1,250,000. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Marina Del Rey, CA is $1,250,000. Approximately 13% of Marina Del Rey homes are owned, compared to 70% rented, while 17% are vacant. Marina Del Rey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Marina Del Rey real estate agent to arrange a tour today!
Learn more about Marina Del Rey.


Showing Homes Nearby Marina Del Rey, CA
Beds:
n/a
Baths:
Sq.Ft.:
3,564
Status:
Active
MLS#:
CL24351903
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1925
A broker reciprocity listing Courtesy: Robert Leveen - Robert Leveen Robert Leveen [email protected]
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Price Adjustment! Lee & Associates Apartment Advisors is pleased to present Marco Circle apartments located in Venice, CA. First time on the market in 40 years! The property is situated on the world-famous Walk Streets of Venice, and is the only apartment property located on the idyllic Millwood-Venice walk streets. The 3,564 SF property is comprised of three duplex buildings of four x one bedroom/one bath bungalows, and two x two bedroom/one bath apartments. The property is situated on a 7,201 SF R2 Parcel. Soft Story retrofit work has been completed, and two recently leased units have been renovated. Subject to city of Los Angeles RSO. One unit is vacant. Across from recently constructed architectural single family homes. Please do not disturb tenants or walk on property. Please contact listing agents for more information.

Beds:
n/a
Baths:
Sq.Ft.:
7,068
Status:
NEW LISTING
MLS#:
CL24385753
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
2010
A broker reciprocity listing Courtesy: Susan Lau - Coldwell Banker Realty Susan Lau [email protected]
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Versatile owner/user or investment opportunity (Short-term or long-term tenants) located just two blocks from the beach on the charming Venice Canals. This quality 5-unit building was almost 100% newly constructed in 2010 with new foundation, new plumbing, electrical, roof, HVAC and all walls, finishes, appliances and landscaping. The current ownership who built it for themselves, went all-out with high-end finishes, fireplaces, luxury kitchens and powder room in each unit. If you're looking for a quality income-producing property in a great location, look no further!!

Beds:
n/a
Baths:
Sq.Ft.:
2,768
Status:
Active
MLS#:
CL23286813
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Kimberly Roberts Stepp - KW Advisors Kimberly Roberts Stepp [email protected]
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538 Rialto Avenue in Venice, California is comprised of three (3) contiguous lots, totaling 7,652 square feet. The property consists of eight (8) bungalow-style units around a shaded outdoor courtyard with five (5) surface parking spaces.The asset offers a unit mix of one (1) 2 BD/1.5 BA; two (2) 1 BD/ 1BA; and five (5) studios, most with enclosed outdoor private spaces and one with a private sauna.The property's location in prime Venice is just one block from high-end shopping and dining amenities along Abbot Kinney Boulevard and within walking distance to the Venice Canals, Venice Beach and Boardwalk as well as vibrant boutiques and restaurants along Main Street and Rose Avenue.Offered at only $325,000 per unit, the asset provides a new investor with 50% rental upside - 10.9x gross and 6.2% cap rate at market rents. 538 Rialto represents a value-add opportunity for investors in an A+ Venice location.Investment Highlights Highly Desirable Venice Location One Block to Abbot Kinney Blvd. Walking Distance to Venice Beach & Canals 3 Contiguous Lots Form the Parcel, Totaling 7,652 SF Renovated Units Include Recessed Lighting, Bamboo Flooring, Ceiling Fans & Fully Upgraded Kitchens & Bathrooms Most Units Include Enclosed Private Patios, One with Large Outside Enclosed Sauna 50% Upside

Beds:
n/a
Baths:
Sq.Ft.:
1,634
Status:
Active
MLS#:
24378157
Type:
Mixed Use
Lot size:
0.08 Acres
Year built:
1905
Courtesy: Vivian Chaing - Property Concierge Vivian Chaing
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Tabula rasa! A rare blank slate of possibility awaits, etched into the heart of quintessential L.A. coolness in vibrant Venice Beach, and just brimming with potential to bloom into yet untold creative expression. Offering immense flexibility with allowable commercial and residential uses, and strategically located at the entry of the Windward Circle near the Venice sign, this unique creative office or live/work opportunity on a versatile C2 street-to-alley lot is a perfectly blended segue between commercial and residential corridors. Just a hop-skip away from Abbott Kinney (literally crowned "the coolest block in America" in GQ's Style Bible), and just a stone's throw to Rose Corridor and Main Street, just blocks to the sand, and billed as both a Walker's and Biker's Paradise, positively everything is within reach. The property itself presents as a standalone single-story boutique building with soaring skylit ceilings and bathed in abundant natural lighting, evoking the embodiment of SoCal vibes throughout its modern open floor plan. With a compelling blend of aesthetics and functionality, the building spans 1,634 square feet across three spacious bedrooms, recently remodeled kitchen and two bathrooms. Adding to the versatility, a storage room with separate entry and huge crawlspace are already in place for those in need of ample storage or data rooms, and the convenient alley access parking allows for 4 cars or room for additional upside down the road. Adjacent to a swathe of luxury residential homes and immersed in one of the highest concentrations of tech and creative residents of Silicon Beach, this property has provided consistent short-term rental income from a variety of clientele seeking inspiration from the buzzing cultural mecca that is Venice. And with 60 feet of prominent street frontage on Windward and accessibility to numerous amenities and restaurants provides for excellent visibility and lucrative signage opportunities for additional income potential. Presently permitted as a residential home, residential or SBA commercial financing may be available depending on intended use, presenting a unique opportunity to add a trophy location for creative business owners, investors, and homeowners alike. Less than a mile from Marina del Rey, just two miles from Santa Monica, easy access to the rest of the Westside Los Angeles via nearby Highway 1, 10 and 405 freeways, and access the rest of the world via nearby LAX Airport, all roads lead to Venice.

Beds:
n/a
Baths:
Sq.Ft.:
1,634
Status:
Active
MLS#:
CL24378157
Type:
Business Opportunities
Lot size:
0.08 Acres
Year built:
1905
A broker reciprocity listing Courtesy: Vivian Chaing - Property Concierge Vivian Chaing [email protected]
View additional info

Tabula rasa! A rare blank slate of possibility awaits, etched into the heart of quintessential L.A. coolness in vibrant Venice Beach, and just brimming with potential to bloom into yet untold creative expression. Offering immense flexibility with allowable commercial and residential uses, and strategically located at the entry of the Windward Circle near the Venice sign, this unique creative office or live/work opportunity on a versatile C2 street-to-alley lot is a perfectly blended segue between commercial and residential corridors. Just a hop-skip away from Abbott Kinney (literally crowned "the coolest block in America" in GQ's Style Bible), and just a stone's throw to Rose Corridor and Main Street, just blocks to the sand, and billed as both a Walker's and Biker's Paradise, positively everything is within reach. The property itself presents as a standalone single-story boutique building with soaring skylit ceilings and bathed in abundant natural lighting, evoking the embodiment of SoCal vibes throughout its modern open floor plan. With a compelling blend of aesthetics and functionality, the building spans 1,634 square feet across three spacious bedrooms, recently remodeled kitchen and two bathrooms. Adding to the versatility, a storage room with separate entry and huge crawlsp

Beds:
n/a
Baths:
Sq.Ft.:
1,634
Status:
Active
MLS#:
24378157
Type:
Mixed Use, Business Opportunities
Lot size:
0.08 Acres
Year built:
1905
Listing Agent: Vivian Chaing CalDRE: 01983759 - Property Concierge Vivian Chaing CalDRE: 01983759
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Tabula rasa! A rare blank slate of possibility awaits, etched into the heart of quintessential L.A. coolness in vibrant Venice Beach, and just brimming with potential to bloom into yet untold creative expression. Offering immense flexibility with allowable commercial and residential uses, and strategically located at the entry of the Windward Circle near the Venice sign, this unique creative office or live/work opportunity on a versatile C2 street-to-alley lot is a perfectly blended segue between commercial and residential corridors. Just a hop-skip away from Abbott Kinney (literally crowned "the coolest block in America" in GQ's Style Bible), and just a stone's throw to Rose Corridor and Main Street, just blocks to the sand, and billed as both a Walker's and Biker's Paradise, positively everything is within reach. The property itself presents as a standalone single-story boutique building with soaring skylit ceilings and bathed in abundant natural lighting, evoking the embodiment of SoCal vibes throughout its modern open floor plan. With a compelling blend of aesthetics and functionality, the building spans 1,634 square feet across three spacious bedrooms, recently remodeled kitchen and two bathrooms. Adding to the versatility, a storage room with separate entry and huge crawlspace are already in place for those in need of ample storage or data rooms, and the convenient alley access parking allows for 4 cars or room for additional upside down the road. Adjacent to a swathe of luxury residential homes and immersed in one of the highest concentrations of tech and creative residents of Silicon Beach, this property has provided consistent short-term rental income from a variety of clientele seeking inspiration from the buzzing cultural mecca that is Venice. And with 60 feet of prominent street frontage on Windward and accessibility to numerous amenities and restaurants provides for excellent visibility and lucrative signage opportunities for additional income potential. Presently permitted as a residential home, residential or SBA commercial financing may be available depending on intended use, presenting a unique opportunity to add a trophy location for creative business owners, investors, and homeowners alike. Less than a mile from Marina del Rey, just two miles from Santa Monica, easy access to the rest of the Westside Los Angeles via nearby Highway 1, 10 and 405 freeways, and access the rest of the world via nearby LAX Airport, all roads lead to Venice.

Beds:
n/a
Baths:
Sq.Ft.:
2,389
Status:
Active
MLS#:
CL23247011
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1920
A broker reciprocity listing Courtesy: John Scott - John L. Scott Real Estate John Scott [email protected]
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OCEAN PARK VILLA BUNGALOWS OF VENICE BEACH - This property includes 2 Duplexes and a 2 Bedroom Home. 5 Units - with a 10,408 sqft. Double Lot is ready to be reimagined with your vision. Each bungalow offers its own unique charm, that make them perfect for both short-term and long-term stays. Whether you're looking for a cozy romantic getaway or a spacious family retreat, these bungalows are sure to provide the perfect setting for your summer vacation stay. Venice Beach known around the globe as an artistic beachside community, steps a way from Abbot Kinney, among the hottest international retail stores, shopping, family friendly dining, and popular nightlife destinations. Nearby developments, and projects that are currently under construction makes Venice Beach the ultimate tranquil desired living. The metropolitan nearby Santa Monica Pier, 3rd street Prominade, brings young professionals from around the world to the stylish Venice Ocean Park Villas. 5 minute walks to beach , 2 blocks from Abbot Kinney world class shopping.

Beds:
n/a
Baths:
Sq.Ft.:
6,587
Status:
Active
MLS#:
CL24346019
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Tamra (Tami) Pardee - Pardee Properties Tamra (Tami) Pardee [email protected]
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Welcome to Main & Market, situated in the heart and soul of Venice! This 7-unit mixed-use income property offers immense flexibility with office, commercial, and residential use. Take advantage of future development and tons of upside potential on an expansive lot! Perfect for your 1031 exchange Buyer, your real estate portfolio, or passive income - park your cash for a 5.7% CAP! This one-of-a-kind building offers a unique combination of residential and commercial spaces. Each unit has been thoughtfully designed to cater to various needs, from music production studios and film production spaces to designer creative studios and charming residential apartments. With beautiful built-ins and renovations done over time, this building comes with long-standing and well-established tenancy - you can step in and start reaping the benefits of rental income right away. One of the upstairs units features a spacious outdoor terrace with a built-in kitchen and BBQ area. This expansive outdoor space adds an extra touch of luxury and versatility to the property. The property also boasts ample parking, providing 13 parking spaces! Situated just seconds away from the beach, Windward Circle, and in the midst of the vibrant creative hub of Venice, this location is everything! Whether it's the allure

Beds:
n/a
Baths:
Sq.Ft.:
1,805
Status:
Active
MLS#:
IN23203411
Type:
Mixed Use, Business Opportunities
Lot size:
0.05 Acres
Year built:
1936
Listing Agent: Kirsten Kaiyala CalDRE: 02150031 - Side, Inc., 310-804-2600 Kirsten Kaiyala CalDRE: 02150031
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Introducing a unique investment opportunity in the vibrant community of Venice Beach. Presenting 328 Lincoln Blvd, a stunning mixed-use property combining retail and residential spaces. Located on the highly-trafficked Lincoln Blvd and within walking distance of all that Rose Ave has to offer, this property offers the perfect blend of convenience and coastal charm. The corner lot offers high visibility to cars and pedestrians alike.Featuring a well designed retail showroom with vaulted ceilings and polished cement flooring, this property is sure to catch the eye of any entrepreneur looking to establish their business in this thriving neighborhood. The residential unit boasts sophisticated architectural details and is separated by a courtyard & garden, providing privacy and tranquility for its occupants. Each unit is approximately 900 SF.This incredible property is an ideal location for your next coffee shop, salon/spa, retail store, creative office, or any small business that desires a westside clientele.Don't miss out on this incredible opportunity to own Lincoln Blvd, Venice CA 90291. Contact us today to learn more and seize this chance to be a part of one of Southern California's most vibrant communities.

Beds:
n/a
Baths:
Sq.Ft.:
7,280
Status:
Active
MLS#:
CRSB24011415
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1912
A broker reciprocity listing Courtesy: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc. Cameron Samimi [email protected]
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19 Wavecrest Ave Apartments is a 10-unit apartment community located 130+ feet from the Venice Boardwalk and beach. Residents enjoy the benefits of living in the heart of venice as he property is in close proximity to Abbot Kinney, Santa Monica Pier, and much more. 19 Wavecrest Ave offers (7) one-bedroom apartments each measuring approximately 650 square feet, (2) two bedroom/one bath apartments each measuring approximately 815 square feet, and (1) two bedroom-two bath Penthouse unit measuring approximately 1,100 square feet. The penthouse unit features a jacuzzi, rooftop deck, and has views of the Pacific Ocean and entire city of Los Angeles. Potential to have (5) units delivered vacant at the close of escrow, with the penthouse unit having potential to be leased back at market rate. Units feature ocean views, Spanish tiling, and private patios. There is laundry on site.

Beds:
n/a
Baths:
Sq.Ft.:
4,826
Status:
Active
MLS#:
CL24357403
Type:
Business Opportunities
Lot size:
0.28 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Kenny Stevens - Compass Kenny Stevens [email protected]
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The Villas of Venice are an eclectic collection of 6 masterfully Craftsman bungalows built in 1906 & 1922 and completely restored to their original charm. Set on an idyllic resort-like lot, creating a private hideaway yet located steps from Venice Beach and Abbot Kinney Blvd. Each bungalow was masterfully restored to showcase classic Craftsman bungalow architecture while adding a fun eclectic design twist. Classic Hollywood Golden era accents including deep green colored cabinets, brass hardware, and a Hollywood Regency style chandelier add a true retro glamour factor to one of the restored kitchens. The extensive use of subway tiles in kitchens and baths creates a retro vibe for today. Breakfast nooks and window seats make these the perfect casual beach bungalows. Each bright and spacious unit features hardwood floors, exposed beams, and ornate detailing in the kitchen and bathroom. Unit interiors include stainless steel appliances, central A/C, and heat, and in-unit washer and dryer. Shared outdoor living space creates community here. The Villas of Venice is part of the Golden Era Collection, four impeccably restored multifamily complexes in prime Los Angeles locations.

Beds:
n/a
Baths:
Sq.Ft.:
4,814
Status:
Active
MLS#:
CRSW22204207
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Maria LHeureux - Realty ONE Group Southwest Maria LHeureux [email protected]
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Location,location,location! Great investment opportunity. Almost a $100k dollars worth of renovation and paints of exteriors. FRESHLY PAINTED throughout exterior wall,new install of a beautiful and modern look facade in the front(center) of the building,new front windows,freshly painted door on each unit,new concrete on the driveway,new decomposed granite both in the backyard and sideyard ,new landscaping in the frontyard .This triplex is on a large lot, zoned R3 and features a(first unti) 2 bedrooms with 1 1/5 bathrooms unit , (second unit)2 bedrooms with 1 bathroom unit and third unit)1 bedroom with 1 bathroom unit. There is a possible 4th unit of living space with bedroom space ,bathroom (not permitted) with its own backyard. The shared laundry room has new flooring,and freshly painted throughout.A designated storage per unit, individual 1 car parking lot. A very quiet and established community,very close to freeway, to LAX,famous beaches ,shoppings and winning schools .

Beds:
n/a
Baths:
Sq.Ft.:
4,814
Status:
Active
MLS#:
SW22204207
Type:
Multi-Family, Business Opportunities
Lot size:
0.11 Acres
Year built:
1963
Listing Agent: Maria LHeureux CalDRE: 01504704 - Realty ONE Group Southwest, 951-813-1737 Maria LHeureux CalDRE: 01504704
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Location,location,location! Great investment opportunity. Almost a $100k dollars worth of renovation and paints of exteriors. FRESHLY PAINTED throughout exterior wall,new install of a beautiful and modern look facade in the front(center) of the building,new front windows,freshly painted door on each unit,new concrete on the driveway,new decomposed granite both in the backyard and sideyard ,new landscaping in the frontyard .This triplex is on a large lot, zoned R3 and features a(first unti) 2 bedrooms with 1 1/5 bathrooms unit , (second unit)2 bedrooms with 1 bathroom unit and third unit)1 bedroom with 1 bathroom unit. There is a possible 4th unit of living space with bedroom space ,bathroom (not permitted) with its own backyard. The shared laundry room has new flooring,and freshly painted throughout.A designated storage per unit, individual 1 car parking lot. A very quiet and established community,very close to freeway, to LAX,famous beaches ,shoppings and winning schools .

Beds:
n/a
Baths:
Sq.Ft.:
10,540
Status:
Active
MLS#:
CL22226173
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
2011
A broker reciprocity listing Courtesy: Gregory Bega - Sotheby's International Realty Gregory Bega [email protected]
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First time on the Market! Located in the heart of Mar Vista, well known as one of the most upcoming and trendy areas on the West Side. 12412 Pacific Avenue is a 12 unit, relatively new apartment building built to the highest standards in 2011. 100% occupied, Pacific Avenue has large one bedroom and 1+1/1/2-bathroom townhome style units. Ten units have a bedroom and master bathroom on the second floor, with the living room, kitchen, and half bath on the third floor. Secured entrance assigned parking is conveniently located in the building. All units have an oversized, private rooftop deck accessible through a third story staircase. Unit amenities include laundry washer/dryer in all units. All units have very rare Private Rooftop Decks. Qortstone Countertops and Hardwood Floors Stainless Steel Appliances: Gas Stove/Range, Fridge, Dishwasher, Microwave Cable ready Dual pane windows, mirrored closets, central air, and air conditioning. The living rooms feature hardwood floors while the bathrooms feature modern, ceramic tile flooring. Perfectly located near Silicone Beach, Venice Pier and Boardwalk, Santa Monica, Century City and Culver City and other beach cities that are easily accessible. Transportation options are endless when you are so close by the MTA Expo Line and the BLUE BUS

Beds:
n/a
Baths:
Sq.Ft.:
2,190
Status:
Active
MLS#:
24375519
Type:
Mixed Use, Business Opportunities
Lot size:
0.05 Acres
Year built:
2012
Listing Agent: Lee Tonks CalDRE: 01824758 - Tonks Agency Inc, Lee Tonks CalDRE: 01824758
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100% VACANT - mixed use, Bar-Restaurant on the ground floor with a 2 bed 1 bath residential upstairs. Previously the home of LA Draughts and Santino's restaurant. In 2009 the building was virtually demolished due to a fire and it was rebuilt from the ground up to the 2009 building codes, including earthquake retrofitting, 750 Grease trap installed, Fire Sprinkler system, Infiltration pits, Air Conditioning, ADA approved (as of final inspection date). open flame cooking with hood. This property is ready to go for either fine dining or fast food. Seller and previous tenant states that the entire rear patio, including the 3 parking spaces is permitted for a patio. Permitted for 2 outdoor tables at front of property. All tenants previous tenants have had a beer and wine license. The property is grandfathered for the exemption for off license alcohol sales. Roofing was recently coated. This is a very rare opportunity to own a bar restaurant / residential delivered vacant in Santa Monica, across the street from Whole foods on Lincoln Blvd in the heart of Santa Monica. As of April 13th 2024 the city of Santa Monica issued an "Alcohol Determination zoning conformance review" for a State ABC type 47 Alcohol license

Beds:
n/a
Baths:
Sq.Ft.:
2,190
Status:
Active
MLS#:
24375519
Type:
Mixed Use
Lot size:
0.05 Acres
Year built:
2012
Courtesy: Lee Tonks - Tonks Agency Inc, Lee Tonks
View additional info

100% VACANT - mixed use, Bar-Restaurant on the ground floor with a 2 bed 1 bath residential upstairs. Previously the home of LA Draughts and Santino's restaurant. In 2009 the building was virtually demolished due to a fire and it was rebuilt from the ground up to the 2009 building codes, including earthquake retrofitting, 750 Grease trap installed, Fire Sprinkler system, Infiltration pits, Air Conditioning, ADA approved (as of final inspection date). open flame cooking with hood. This property is ready to go for either fine dining or fast food. Seller and previous tenant states that the entire rear patio, including the 3 parking spaces is permitted for a patio. Permitted for 2 outdoor tables at front of property. All tenants previous tenants have had a beer and wine license. The property is grandfathered for the exemption for off license alcohol sales. Roofing was recently coated. This is a very rare opportunity to own a bar restaurant / residential delivered vacant in Santa Monica, across the street from Whole foods on Lincoln Blvd in the heart of Santa Monica. As of April 13th 2024 the city of Santa Monica issued an "Alcohol Determination zoning conformance review" for a State ABC type 47 Alcohol license

Beds:
n/a
Baths:
Sq.Ft.:
2,190
Status:
Active
MLS#:
CL24375519
Type:
Business Opportunities
Lot size:
0.05 Acres
Year built:
2012
A broker reciprocity listing Courtesy: Lee Tonks - Tonks Agency Inc, Lee Tonks [email protected]
View additional info

100% VACANT - mixed use, Bar-Restaurant on the ground floor with a 2 bed 1 bath residential upstairs. Previously the home of LA Draughts and Santino's restaurant. In 2009 the building was virtually demolished due to a fire and it was rebuilt from the ground up to the 2009 building codes, including earthquake retrofitting, 750 Grease trap installed, Fire Sprinkler system, Infiltration pits, Air Conditioning, ADA approved (as of final inspection date). open flame cooking with hood. This property is ready to go for either fine dining or fast food. Seller and previous tenant states that the entire rear patio, including the 3 parking spaces is permitted for a patio. Permitted for 2 outdoor tables at front of property. All tenants previous tenants have had a beer and wine license. The property is grandfathered for the exemption for off license alcohol sales. Roofing was recently coated. This is a very rare opportunity to own a bar restaurant / residential delivered vacant in Santa Monica, across the street from Whole foods on Lincoln Blvd in the heart of Santa Monica. As of April 13th 2024 the city of Santa Monica issued an "Alcohol Determination zoning conformance review" for a State ABC type 47 Alcohol license

Beds:
n/a
Baths:
Sq.Ft.:
7,205
Status:
Active
MLS#:
CL23315866
Type:
Business Opportunities
Lot size:
0.22 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Justin Pace - Exclusive Realty Inc Justin Pace [email protected]
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Perfect opportunity to own a Del Rey multi-unit building with huge upside potential. 12 apartments (9 units / 3 guest units) completely occupied with lots of parking close to LAX, Westside Beaches, Loyola Marymount University, Playa Vista, Santa Monica and Marina del Rey neighborhoods.

Beds:
n/a
Baths:
Sq.Ft.:
4,661
Status:
Active
MLS#:
24369495
Type:
Mixed Use, Business Opportunities
Lot size:
0.11 Acres
Year built:
1960
Listing Agent: Vineendra Jain CalDRE: 01413466 - Ingenious Asset Group, Inc. Vineendra Jain CalDRE: 01413466
View additional info

Probate Sale. Subject to Court confirmation and overbidding in Court. 8-Unit mixed-use property located in a trendy district of West LA. Easy access to shopping, dining options, entertainment, and I-405. Minutes from Downtown Culver City and Venice Beach. Excellent opportunity for a savvy investor to acquire a prime westside location with significant value-add potential. For sale AFTER 58 years! Unit mix 5 x 2 bed 1 bath and 1 x 1 bed 1 bath residential units, plus 2 commercial units. One large 2 bedroom unit is vacant, and will be delivered vacant at COE. All units are separately metered for both gas and electricity. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on Feb. 05, 2019. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.

Beds:
n/a
Baths:
Sq.Ft.:
4,661
Status:
Active
MLS#:
CL24369495
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Vineendra Jain - Ingenious Asset Group, Inc. Vineendra Jain [email protected]
View additional info

Probate Sale. Subject to Court confirmation and overbidding in Court. 8-Unit mixed-use property located in a trendy district of West LA. Easy access to shopping, dining options, entertainment, and I-405. Minutes from Downtown Culver City and Venice Beach. Excellent opportunity for a savvy investor to acquire a prime westside location with significant value-add potential. For sale AFTER 58 years! Unit mix 5 x 2 bed 1 bath and 1 x 1 bed 1 bath residential units, plus 2 commercial units. One large 2 bedroom unit is vacant, and will be delivered vacant at COE. All units are separately metered for both gas and electricity. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on Feb. 05, 2019. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.

Beds:
n/a
Baths:
Sq.Ft.:
4,661
Status:
Active
MLS#:
24369495
Type:
Mixed Use
Lot size:
0.11 Acres
Year built:
1960
Courtesy: Vineendra Jain - Ingenious Asset Group, Inc. Vineendra Jain
View additional info

Probate Sale. Subject to Court confirmation and overbidding in Court. 8-Unit mixed-use property located in a trendy district of West LA. Easy access to shopping, dining options, entertainment, and I-405. Minutes from Downtown Culver City and Venice Beach. Excellent opportunity for a savvy investor to acquire a prime westside location with significant value-add potential. For sale AFTER 58 years! Unit mix 5 x 2 bed 1 bath and 1 x 1 bed 1 bath residential units, plus 2 commercial units. One large 2 bedroom unit is vacant, and will be delivered vacant at COE. All units are separately metered for both gas and electricity. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on Feb. 05, 2019. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.

Beds:
n/a
Baths:
Sq.Ft.:
7,424
Status:
Active
MLS#:
CL24358587
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Sean Rosenzweig - Marcus & Millichap Sean Rosenzweig [email protected]
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We are pleased to offer for sale a nine-unit apartment community located at 301 Ashland Avenue. The subject property is located just three blocks from the beach, in an excellent Santa Monica location. Situated on a 7,727 square foot parcel, the property is comprised of five one-bedroom units and four two-bedroom units with spacious layouts and offers 16 parking spaces. The property has undergone a comprehensive renovation program to the exterior, common area and majority of the interior units. 78% of the units feature stainless steel kitchen appliances, in-unit washer/dryer, central heat/AC, new flooring, new countertops, new bathrooms, new lighting & more. Exterior renovations include new windows in all units, new landscaping, new smooth stucco, new electric meters/panel, new front doors & more. The continued growth of the surrounding submarket along with the high-quality interior & exterior renovations makes 301 Ashland Avenue an excellent investment opportunity poised for long term stability.

Beds:
n/a
Baths:
Sq.Ft.:
6,194
Status:
Active
MLS#:
CL24354063
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Oron Maher - Maher Commercial Realty Oron Maher [email protected]
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Located one block from the Mar Vista Farmer's Market is this rare Venice Blvd retail and residential building with an easy cap rate of 6.7% without relocating any residential tenants. The property currently has two six residential 1-bedroom apartments, two retail stores, four office suites, and two single car garages. Two One-Car Garages can be Converted into One Studio ADU, Making Seven Total Residential Units. All of the retail and commercial tenants are on month-to-month leases allowing the opportunity to raise commercial rents to a reasonable pro forma income of $187,560 net and bringing your total building NOI to $221,773 or a 6.7% cap rate. Relocating residential tenants adds an ADDITIONAL 20% upside in rents. The front building is two stories and features approximately 2,442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and one assigned parking spaces for each tenant. Pro Forma Cap Rate After Commercial Value-add + Garage ADU Conversion: 7.4%. Pro Forma Cap Rate After Commercial Value-Add + Garage ADU Conversion + Residential Val

Beds:
n/a
Baths:
Sq.Ft.:
7,749
Status:
NEW LISTING
MLS#:
CL24386261
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Daniel John Cavanaugh - Cavanaugh Realtors Daniel John Cavanaugh [email protected]
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Bread and butter 10-unit apartment building in highly desired Mar Vista. Nice unit mix with 7 one-bedroom units, two two-bedroom units, and one studio. All units are very large with the one-bedroom units measuring over 700 square feet and the two-bedrooms are just under 900 square feet. The property is being offered at a very low price per square foot of improvements and with long time tenants with very low rents, there is a lot of upside in the building. Separately metered for gas and electricity. Laundry room provides additional income. Great Westside location close to the Sunday Mar Vista Farmers Market and trendy Washington Boulevard. First time on the market in many decades. Earthquake retrofit work has been completed.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24372087
Type:
Other
Courtesy: Laurie Lustig - Laurie J. Lustig Laurie Lustig
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INCLUDES TO-BE-BUILT 3 PERMIT READY ADUs! CBRE, as exclusive agent, is pleased to present for sale an exceptionally located Santa Monica value-add opportunity comprised of 12 existing apartment units, together with approved and permit-ready plans to build three accessory dwellings units (ADUs), for a potential total of 15apartment units, walking distance to the Pacific Ocean. Located at the northeast corner of 2nd Street and Ashland Avenue in Santa Monica's Main Street neighborhood, 2823 2nd Street includes an existing 12-unit apartment property, of which four units were recently gut renovated and completely modernized with copper plumbing, tankless water heaters, mini-split HVACs


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