$3,550,000
$3,700,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
2,522 Sqft Lot
SOLD DATE : 12/29/2023
Key Details
Sold Price $3,550,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23069016
Sold Date 12/29/23
HOA Y/N No
Year Built 1960
Lot Size 2,522 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.
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Zoning LAR3
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Biking, Curbs
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4225005002
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Robert Sillman • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "