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Buy a multi-family propertyat 3305 Ocean Front, Marina del Rey, CA 90292

$3,800,000

$3,900,000 (-2.56%)

$0/mo

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Residential

2,760 Sq. Ft.

2,520 Sq. Ft. lot

5 Bedrooms

5 Bathrooms

388 Days on market

SB23068986 MLS ID

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About 3305 Ocean Front multi-family property

SELLER FINANCING AVAILABLE!!! Yes, the seller will carry the debt at 4% Interest Only with 40% down on this asset for three years. One of the cheapest lots on Ocean Front Walk for sale in years! 3305 Ocean Front Walk is a vacant duplex located on one of the nicest beaches in all of LA County - just steps from the sand! New buyer can take advantage of this opportunity by building new construction, or renovating the building to collect $35,000/month (AirBnB) in rental income! The upstairs 3Bed+3Bath is broken into two separate units, a 2Bed+2Bath and a 1Bed+1Bath rec room which can easily be converted into an ADU, providing additional income and an extra unit. There are two tuck under parking spots, as well as rooftop access, and laundry hookups in each unit. The subject property is located on the Marina Peninsula - one of the most desirable locations in all of Los Angeles. It is just walking distance from many restaurants, shops, Abbot Kinney Blvd, Venice Canals and the Marina. THE OFFERING SAMIMI
SELLER FINANCING AVAILABLE!!! Yes, the seller will carry the debt at 4% Interest Only with 40% down on this asset for three years. One of the cheapest lots on Ocean Front Walk for sale in years! 3305 Ocean Front Walk is a vacant duplex located on one of the nicest beaches in all of LA County - just steps from the sand! New buyer can take advantage of this opportunity by building new construction, or renovating the building to collect $35,000/month (AirBnB) in rental income! The upstairs 3Bed+3Bath is broken into two separate units, a 2Bed+2Bath and a 1Bed+1Bath rec room which can easily be converted into an ADU, providing additional income and an extra unit. There are two tuck under parking spots, as well as rooftop access, and laundry hookups in each unit. The subject property is located on the Marina Peninsula - one of the most desirable locations in all of Los Angeles. It is just walking distance from many restaurants, shops, Abbot Kinney Blvd, Venice Canals and the Marina. THE OFFERING SAMIMI

Property details

Bathrooms

5 full bathrooms

5 total bathrooms

3 bathrooms on main level

Bedrooms

5 total bedrooms

3 bedrooms on main level

House

2 total stories

Built in 1960

Stories: 2

2,760 sqft living area

2+ Common Walls

Two

Duplex

Community

Biking

Curbs

Park

Cooling

No cooling

Laundry

Inside

Listing

Listing ID: SB23068986

Property Subtype: Duplex

77 days on market

Listed on 2023-04-25

Location

County: Los Angeles

Lot

2520 sqft

0.0579 acres

Area: 2520

0-1 Unit/Acre

Property

2 units

Property attached

Marina

Ocean

Schools

High School District: Los Angeles Unified

Sewer

Public Sewer

Monthly cost

Estimated monthly cost

$24,215/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$3,572,000

+$114,000

$3,686,000

Seller agent commission$114,000 (3%)*

$0 (0%)

Buyer agent commission$114,000 (3%)*

$114,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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Unreal Estate checked: May 18, 2024 at 2:08 a.m.

Data updated: Jul 11, 2023 at 5:05 p.m.

Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi
Based on information from California Regional Multiple Listing Service, Inc. as of 07/11/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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