14 Mast Street
$4,995,000
7
7
4,858
4,858
$1,028
Listed By Compass
Virtual Tour
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...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. Most units can be delivered vacant, please inquire.
Listing Agent
Property Details for 14 Mast Street
Zoning
LAR3
StyleContemporary
Parcel Number4294003002
Total Units5.0
Living Area4858
Source Living AreaOwner
AreaMarina Del Rey (C12)
Vacancy Rate0
LISTING UPDATED: 10/16/2024 12:18 PM
Property Details for 14 Mast Street
Status | Active |
---|---|
MLS # | 24-389693 |
Days on Market | 176 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1973 |
Lot Size | 0.07 AC / 3,151 SF |
County | Los Angeles County |
Virtual Tour
Building Information for 14 Mast Street
Stories3Residences-Year Built1973Building Size-Lot Size0.07 AC / 3,151 SF
Property Information for 14 Mast Street
Property History for 14 Mast Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 14 Mast Street
Taxable ValueLand$2,711,386Additions$1,162,922Total$3,874,308
Tax Record2024$47,388 ($3,949 / month)
Home Facts
Total Finished SqFt6,261 SqFtAbove Grade Finished SqFt6,261 SqFtLot Size3,151 SqFtStyleMulti-Family Res (5+ Units)Year Built1973ZoningLAR3CountyLOS ANGELESAPN4294-003-002
Schools near 14 Mast Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Coeur D'Alene Avenue Elementary School PublicK to 5 | ||
Marina Del Rey Middle School Public6 to 8 | ||
Venice Senior High School Public9 to 12 | ||
Westside Global Awareness Magnet PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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