3305 Ocean Front

Marina del Rey, CA 90292

$3,550,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $1,286 / sqft

1960

calendar_month Built

Property 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.

Listing Information

Close Price $3,550,000
Close Date Friday, December 29th, 2023
Status Closed
MLS SB23069016
Type Residential Income
Subtype Apartment
Year Built 1960
Lot Size 2,520
Structure Size N/A
DOM 232
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Cameron Samimi DRE#02035763
Co-Listing Agent Molly First DRE#02065583

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Cameron Samimi, Molly First, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 29th, 2023 at 10:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.