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14 Mast St, Marina del Rey, CA 90292
$4,995,000
14 Mast St, Marina del Rey, CA 90292View this property at 14 Mast St, Marina del Rey, CA 90292
14 Mast StMarina del ReyCA90292
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Property Description
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. All New York style lofts and recently remodeled units, complete with some sq ft expansion, common area remodel, Earthquake/ soft story retrofit and new garage doors. Cap rate 4.5 and Gross income of $298,920 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 $348,000 with a 5.5 CAP. Two units can be delivered vacant at the close of escrow.
Full Property Details
Full Property Details for 14 Mast St
General
- Price: $4,995,000
- Status: Active
- Type: Multi-Family
- MLS ID: 24-389693
- Updated: 5/9/2024
- Added to Site: 11 day(s) ago
Interior
- Interior Features: 2 Staircases, Cathedral-Vaulted Ceilings
- Cooking Appliances: Oven, Microwave
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Community, Inside, In Unit
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 7
- Covered Spaces: 7
- Garage Description: Garage - 1 Car, Garage - 2 Car, Uncovered
Location
- Area: Marina Del Rey
- County: Los Angeles
- Driving Directions: West of Pacific, South of Washington
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Gas
Utilities
- Sewer: In Street
- Water: In Street
Structural Information
- # Buildings: 1
- Architectural Style: Contemporary
- Stories/Levels: 3
- Square Feet: 4,858
- Sq. Ft. Source: Owner
- Year Built: 1973
- Year Built Source: Vendor Enhanced
- Property Condition: Updated/Remodeled
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107, 2108, 2109, 2110
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: Coastline, Ocean
- Lot Size (Acres): 0.0723
- Lot Size: 3151
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $1,028.2
- Assessment Year: 1973
Disclosures and Reports
- Disclosures/Reports: Coastal Commission Restrictions
- APN: 4294-003-002
Listed by Compass, James Allan
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Schools
Schools serving 14 Mast St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
810 Coeur D Alene Ave, Venice, CA 90291 | K-5 | 1.3 mi | |
12500 Braddock Dr, Los Angeles, CA 90066 | 6-8 | 2.5 mi | |
13000 Venice Blvd, Los Angeles, CA 90066 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14 Mast St
Date
Details
Price
Change
Source
5/09/2024
Listed
$4,995,000
36.85%
MLS
1/14/2021
Sold
$3,650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14 Mast St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$46,470
5%
$3,798,360
2%
2022
$44,311
280%
$3,723,900
305%
2021
$11,663
-1%
$919,480
1%
2020
$11,771
4%
$910,062
2%
2019
$11,329
1%
$891,337
2%
2018
$11,260
3%
$873,861
2%
2017
$10,984
3%
$856,728
2%
2016
$10,680
1%
$839,931
2%
2015
$10,531
-1%
$827,315
2%
2014
$10,590
—
$811,110
—
2013
$10,574
—
$807,446
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14 Mast St
14 Mast St, Marina del Rey, CA 90292 (MLS# 24-389693) is a Multi-Family property with units containing 7 bedrooms and 0 full bathrooms. 14 Mast St is currently listed for $4,995,000 and was received on May 09, 2024. Want to learn more about 14 Mast St? Do you have questions about finding other Multi-Family real estate for sale in Marina del Rey? You can browse all Marina del Rey real estate or contact a Coldwell Banker agent to request more information.