Exceptional 6-unit income property two blocks from the beach, with four VACANT UNITS (each 2 Bdrm) @ 5% pro-forma cap rate! Seconds to the sand, this opportunity is ready to go with new exterior paint, on-site laundry, and six parking spaces. For owner-occupants, the two of the vacant units are side by side on the top floor, providing a rare opportunity for an owner/user to combine them into a spacious, customized living space while still enjoying rental income from the remaining four units. The property boasts an ideal location, allowing residents to enjoy the coastal lifestyle with ease. Imagine creating your dream home with the beach just a short stroll away while benefiting from the steady rental income from the other units. Perfect for investors or those seeking a blend of homeownership and investment, this property is a rare find in one of Southern California's most demanded rental neighborhoods! Situated in one of the best beachside locations, take a short stroll to fabulous restaurants, coffee shops, bars, and more. Bike down to the pier, the Venice Canals, or Abbot Kinney; everything you could want or need is here!
Sold for $3,000,000 on 04/29/25
$3,000,000
101 Catamaran St, Marina Del Rey, CA 90292
12beds
8baths
5,661sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$530/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 29, 2025 at 09:21am
Listed by:
Tamra (Tami) Pardee DRE # 01421451 310-907-6517,
Pardee Properties 310-907-6517,
Samantha Kinnon DRE # 01858397 310-907-6517,
Pardee Properties
Bought with:
Tim Steuernol, DRE # 01742766
NAI Capital Commercial Inc.
Source: CLAW,MLS#: 24-411166
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Bedroom
- Features: Master Bedroom
Bathroom
- Features: Tile, Shower Over Tub
Kitchen
- Features: Tile Counters
Heating
- Radiant
Cooling
- Ceiling Fan(s)
Appliances
- Included: Oven, Gas Oven, Gas Cooking Appliances, Refrigerator, Dishwasher, Dryer, Washer
- Laundry: Common Area, Laundry Room
Features
- Living Room Balcony, Open Floorplan, Turnkey
- Flooring: Carpet, Mixed, Tile, Wood
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,661
- Total interior livable area: 5,661 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport, Assigned
- Has carport: Yes
- Covered spaces: 6
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
- Pool features: None
- Spa features: None
- Fencing: Fenced
- Has view: Yes
- View description: City, City Lights, Tree Top
Lot
- Size: 5,022 sqft
- Features: Front Yard, Landscaped, Sidewalks
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Drywall Walls
Condition
- Year built: 1964
Utilities & green energy
- Sewer: In Street
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Marina Del Rey