12 Catamaran Street

Marina del Rey, CA
$ 2,900,000 Beds 4 Baths 4
Monthly Estimate* How much can I afford?

We are pleased to present 12 Catamaran Street, located in one of the most sought-after markets of Los Angeles-Marina del Rey. This 2,996 SF building was built in 1964 and is situated on a 3,071 SF lot. The property is comprised of two (2) two-bedroom/one-and-a-half-bathroom, one (1) one-bedroom/one-bathroom, and one (1) studio units. Three of the four units will be delivered vacant and the fourth unit can be vacated April of 2020, offering an investor or owner-user immediate rental upside. 12 Catamaran Street is EXEMPT FROM LOS ANGELES CITY RENT CONTROL, Seller can provide Certificate of Exemption. Additionally, the new vinyl windows were installed in 205 offering sound-proofing for all of the units. Ideally located, steps from the beach and a few blocks from Washington Boulevard, lined with renowned restaurants and bars - this opportunity will not last long. The property offers an astute investor or owner-user the opportunity to acquire a multifamily asset in one of the most desirable neighborhoods in all Southern California. By implementing a light renovation program and filling the units at market rents, 12 Catamaran Street is a truly unique and lucrative investment.

Pending

  • Price
  • $ 2,900,000
  • Lot Size
  • 3,049 SqFt
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • Year Built
  • 1965
  • Half Bathrooms
  • 0
  • City, Zip
  • Marina del Rey
  • County
  • LOS ANGELES
  • Style
  • Area
  • Marina Del Rey
  • MLS#
  • SB19257683
  • Zip
  • 90292
Listing Provided by: Nico Rosmarin with Lyon Stahl Investment Real Estate, Inc..
Data Source: CRMLS

Features

General

Community Features Urban
Garage Spaces 3
Garage Y/N Yes
MLS Area C12 - Marina Del Rey
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Total Actual Rent 23280
Total Units 4
Water Sewer Expense 650
Zoning LAR3

Interior Features

Common Walls 2+ Common Walls
Laundry Features Common Area

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.07
Lot Size Area 3071
Lot Size Square Feet 3071
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Total Parking 7
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/4/2019 Listed $2,950,000
12/5/2019 2% - $2,900,000

Property vs Zip Code Average in 90292

Price
AVG $1.22M
$2.9M
Visits
AVG 42
213
Year Built
AVG 1984
1965
Walkscore
AVG 75
79
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

12 Catamaran Street Marina del Rey, CA is a Single Family Home for sale at $2900000 and a lot size of 3,049 SqFt Acre(s). 12 Catamaran Street Marina del Rey has 4 bedrooms, 4 baths and was built in 1965. The property's zip code is 90292 which is in Marina del Rey, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.