101 Catamaran Street, Marina Del Rey, CA 90292

About this property

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!

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

Sale history

$3,000,000

Sold April 2025 · listed $3,300,000, on market January 2025 · MLS #24411166 · Source: CRMLS

Listing Agent: Tamra (Tami) Pardee · Listing Office: Pardee Properties · Contact: 310-907-6517 · Bought with: Tim Steuernol · NAI Capital Commercial Inc.

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