109 Catamaran Street, Venice, CA 90292

$3,900,000 Approx. USD 6 beds, 5 baths
2,375 sqft

Agent Remarks

LOCATION, LOCATION, LOCATION!!! Double lot, 5,429 SQ FT. Zoned R3 lot is located in a prime Marina Peninsula location. It is second line to the beach. You CAN NOT find these types of properties anymore. This property is an idea for Developers or Investors as one. This well maintained income property is a rare opportunity to buy and hold, or redevelop as Silicon Beach continues to explode. It is situated within walking distance of restaurants, shops, trendy Abbot Kinney and the Marina. There are currently three structures on the property totaling a 2,375 SQ FT. of living space, which consist of 5 units - Two 1 Bedroom, Two 2 Bedroom, One Studio. Four units will be delivered vacant on close of Escrow. Buyer to investigate development options which are subject to the coastal commission approval. This property includes both 111 Catamaran & 109 Catamaran which are to be held as one parcel.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16-165914
List price is $3,900,000 Reduced by $300,000 on 11/13/2016
Beds: 6
Baths: 5
Built in 1923
2,375 sqft
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Dryer,Washer
Parking description: Driveway
Heating description: Wall Heater
MLS area: Marina Del Rey (C12)

Last Updated: 11/13/2016

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This listing belongs to the Marina Del Rey (C12) MLS area

The listing is zoned LAR3.
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Lat/Long: 33.978500, -118.464081.
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Broker: Courtesy of Fund My Business
Listing Agent: Tal Kenig

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