Location! Location! Location! Rare opportunity to own a 5-unit income, FULLY OCCUPIED property on the Marina del Rey Peninsula, just steps from the sand, in close proximity to the marina, Venice Beach, and all the best of beachside living. This prime coastal asset blends updated interiors, recent building improvements, and strong rental demand in one of Los Angeles' most desirable neighborhoods. The property offers a mix of renovated and newly leased units, with four out of five designated "Luxury Exempt" and not subject to rent control restrictions. Units 2 & 3 have been fully renovated and have a STR permit, while Units 4 & 5 were just leased at market rate, and Unit 1 is occupied by a long-term tenant providing a stable income. Additional highlights include a recently completed seismic retrofit, updated low-maintenance landscaping, garage parking options, and unbeatable proximity to the beach, restaurants, and local entertainment.With its sought-after Marina Peninsula location and combination of stability and upside, this property is a standout opportunity for investors or exchange buyers seeking a turn-key coastal asset. GOI: $290,420 ... MOTIVATED SELLER- REVIEWING ALL OFFERS
Ceiling Fan(s), Loft, High Ceilings
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,800,000 to $4,500,000 | ||
| Price Reduced from $5,000,000 to $4,800,000 |
Vanessa Van Overmeer, Compass.
Based on information from California Regional Multiple Listing Service, Inc. as of January 27th, 2026 at 11:56pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.