3305 Ocean Front, Marina del Rey, California 90292
  • $3,700,000
  • $3,800,000

Overview

Property ID: SB23069016
  • Apartment, Residential Income
  • Property Type
  • 2760 Sqft
  • Area Size
  • 1960
  • Year Built

Description

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.

  • Address: 3305 Ocean Front
  • City: Marina Del Rey
  • State/county: CA
  • Zip/Postal Code: 90292
  • Country: US

Details

Updated on December 29, 2023 at 6:49 pm
  • Property ID SB23069016
  • Price $3,700,000
  • Property Size 2760 Sqft
  • Land Area 0.0579 Acres
  • Year Built 1960
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Biking, Curbs

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