$3,550,000
$3,700,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
2,520 Sqft Lot
SOLD DATE : 12/29/2023
Key Details
Sold Price $3,550,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23069016
Sold Date 12/29/23
Bedrooms 5
HOA Y/N No
Lot Size 2,520 Sqft
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.
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.
Location
State CA
County Los Angeles
Area Marina Del Rey (90292)
Zoning Assessor
Building
Lot Description Curbs
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $20,000
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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Bought with Robert Sillman • Lyon Stahl Investment Real Estate, Inc.