See Home Value
$4,962,960*
Multifamily - Off Market

14 Mast St

Marina Del Rey, CA 90292
bedrooms
7 Beds
bathrooms
0 Bath
$4,406,000 - $5,384,000
Reference Base Price*
1.39%
Since Jul 1, 2023
CA-Los Angeles
Primary Model

About This Property

Great opportunity to own a rare Silicon Beach 5 unit Building on the Marina Peninsula with many possibilities. Located on a beautiful walk street, steps to the beach, close to all the popular restaurants and shops in Venice and Marina Del Rey. One of the fastest booming area's becoming the new tech capital of California. Cap rate 3.7 and Gross income of $256,800 annually with great upside potential.2 Multi level units some with 2 story living rooms with multipurpose loft area. Great mix of units, most with their own private garages. 2 units have large spectacular Ocean view rooftop patios. Many possibilities from short term rentals, or owner user one or a few of the units. Possibilities are endless. Multi-level units have large, bright 2 story living rooms with open kitchen w/ stainless steel appliances with granite counter tops and more. Units 2 and 3 have been completely remodeled. Landscaped garden area located on a beautiful walk street. 4 Units are Luxury exempt. Earthquake retrofit has been completed. Potential to increase rents to $328,800.00 with a 5 CAP. Two units can be delivered vacant at the close of escrow.
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1973

Price History

Date / Event Date Event Price
Jun 15, 2023 No longer available -
No longer available
Mar 31, 2023 Price Decreased $4,895,000
↓ $100K (2%)
Price Decreased
Feb 25, 2023 Price Decreased $4,995,000
↓ $100K (2%)
Price Decreased
Dec 1, 2022 Listed $5,095,000
Listed
Mar 2, 2021 Sold to Paul H Morady $3,650,000
Sold to Paul H Morady

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2.5 Baths
1,900 ft²
$2,105/ft²
$3,999,995 Mar 15, 2023
-
$795/mo
Condo
2 Beds
2.5 Baths
2,346 ft²
$1,700/ft²
$3,988,000 Jun 9, 2022
-
$845/mo
Condo
2 Beds
2.5 Baths
2,004 ft²
$1,996/ft²
$3,999,999 Apr 1, 2023
-
$1,035/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221201
12/01/2022
7 Bed
-
-
$5,095,000
bedrooms
7 Bed
bathrooms
-
-
10/13/2023
James Allan
Compass
20200809
08/09/2020
Studio
-
-
$3,995,000
bedrooms
Studio
bathrooms
-
$3,650,000 -8.64%
03/02/2021
James Allan

Building Info

14 Mast Street 14 Mast Street, Marina Del Rey, CA 90292
More about this Building
14 Mast Street
Want to find out who owns 14 Mast Street, Marina Del Rey, CA 90292? Get detailed property transactions here .

About West Los Angeles


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