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4000 Lincoln Boulevard, Marina Del Rey, CA 90292

Commercial property

4000 Lincoln Boulevard, Marina Del Rey, CA 90292 Sold February 2025 CRMLS
$5,000,000Sold February 2025

Listing Agent: James Kelsey (DRE #01354722) · Listing Office: Century 21 Hometown Realty, Arroyo Grande Office · Contact: 805-709-4828 · Bought with: Chris Chasin · NONMEMBER MRML · MLS #PI24230969 · Source: CRMLS

8,978
Building Sq Ft
8
Units
5.37%
Cap Rate
$440,735
NOI
16,563 sqft
Lot Size
1984
Year Built
Commercial property
Type

About this commercial property

Discover a prime retail investment opportunity at this exceptional property on Lincoln Blvd in Marina Del Rey. With an impressive 8,724 SF building comprising 7 units, plus a large billboard. All tenants are long term This attractively designed structure, built in 1984, offers a sought-after investment opportunity. Zoned LAC2 and enjoying 100% occupancy, this property presents a compelling case for retail investors seeking a stable and lucrative investment.Immerse yourself in the vibrant atmosphere of Marina Del Rey, a sought-after destination brimming with retail opportunities. Located near the bustling Lincoln Blvd, the area offers prime access to a diverse array of retail hotspots. From high-end fashion boutiques to trendy eateries such as Cafe del Rey and Mendocino Farms, the dynamic retail scene caters to a wide range of clientele. With proximity to the stunning Marina del Rey Waterfront, the location presents a unique blend of coastal charm and urban energy, creating an enticing draw for retail investors seeking a prime location with a thriving consumer base. This is an exceptional opportunity to become part of a flourishing retail landscape in a coveted location. Its proven track record of full occupancy and prime location in the desirable Marina Del Rey area make this property a sound investment in a thriving retail market. Don't miss the chance to secure a valuable asset in a prime location with a strong tenant base.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$5,000,000
Sold February 2025 · listed $8,200,000, on market November 2024 · MLS #PI24230969 · Source: CRMLS
Listing Agent: James Kelsey · Listing Office: Century 21 Hometown Realty, Arroyo Grande Office · Contact: 805-709-4828 · Bought with: Chris Chasin · NONMEMBER MRML
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