Triplex with Driveway
For Sale
Under Contract
$949,000
13361 Beach Ave, Marina del Rey, CA 90292
MULTI_FAMILY - Marina Del Rey, CA
Property Size1,691 SF
Lot Size0.11 Acres
Price / SF$561.21
Days on Market151
Property Features for 13361 Beach Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LACM(GM)
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3
Parking
4
Parking features
Driveway
Directions
From Washington Blvd, head south on Redwood Ave, then turn right onto Beach Ave. Property is located on the east side of the street.
Subdivision
Marina Del Rey
Standard status
Active Under Contract
APN
4230-008-047
Size
1,691 SF
Lot size
0.11 Acres
Utilities
Heating system
Central
Cooling system
Wall/Window Unit(s), Central Air
Building Details
Year built
1955
Floors in Building
1
Number of units
3
Listing Agency:
TruLine Realty
(323) 389-5432
Listed By:
Sierus Erdelyi · License #01870547
(323) 389-5432
Added: Mar 25
Changed: Aug 3
Last Checked: Aug 22 at 10:06PM
MLS# 26669053
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
13361 Beach Ave in Marina Del Rey is a fully leased triplex built in 1955, with the ability to be delivered with one unit vacant at close of escrow. The three units are each configured with one bedroom, one bathroom, and a full kitchen.
The property sits on a 0.1062-acre lot and includes 1,691 square feet of building area. Off-street parking is supported by a garage and driveway. Heating is central, with cooling provided by wall/window units as well as central air.
Set in a prime Marina del Rey location, the property is described as being just minutes from the marina and beaches, with nearby dining and retail. The listing also notes convenient access to major thoroughfares and transit, supporting everyday tenant needs. The zoning is listed as LACM(GM).
The property sits on a 0.1062-acre lot and includes 1,691 square feet of building area. Off-street parking is supported by a garage and driveway. Heating is central, with cooling provided by wall/window units as well as central air.
Set in a prime Marina del Rey location, the property is described as being just minutes from the marina and beaches, with nearby dining and retail. The listing also notes convenient access to major thoroughfares and transit, supporting everyday tenant needs. The zoning is listed as LACM(GM).
Key Highlights
- Triplex with ability to deliver one unit vacant at close of escrow
- Three units, each with 1 bedroom, 1 bathroom, and a full kitchen
- Garage and driveway provide off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,531
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$590,620
$590.6K
Cap Rate 7%
$421,871
$421.9K
Cap Rate 9%
$328,122
$328.1K
Market Conditions
NOI Build-Up for 1,691 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.7K $27.00/SF
− Vacancy
−$3.5K −$2.05/SF
EGI
$42.2K $24.95/SF
− OpEx
−$12.7K −$7.48/SF
NOI
$29.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$590,620
Cap Rate 7%
$421,871
Cap Rate 9%
$328,122
Alternative Uses
Best Use
Multifamily LT 5
$421.9K
$369.1K – $492.2K
NOI $29,531 @ 7.0% cap · market cap 3.11%
Second Best
Apartment 5plus
$388.7K
$340.1K – $453.5K
NOI $27,210 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$905.4K
$792.2K – $1.06M
NOI $63,375 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 90292, CA
27,681
Population
16,878
Households
1.6
Avg Household Size
40
Median Age
73%
College-Educated
97%
High-School Grad
2.1 sq mi
ZIP Area
13,181
Density / Sq Mi
$136,964
Median Household Income
$95,175
Median Earnings
$3,501
Median Rent
$1,233,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex zoned LACM(GM) with central heating and driveway off-street parking.
Where is this triplex located?
The property is located at 13361 Beach Ave Marina del Rey, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Triplex with ability to deliver one unit vacant at close of escrow; Three units, each with 1 bedroom, 1 bathroom, and a full kitchen; Garage and driveway provide off‑street parking
