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Property profile & analytics
OFF-MARKET
Commercial real estate

131 Fleet St Marina del Rey, CA 90292

4,416 SF Built 1973
Property ID
US09-8806530
Property summary
AI-generated overview

This exceptional Marina del Rey property presents a rare opportunity to acquire a meticulously maintained, two-unit duplex boasting over 4,416 square feet of living space. Situated on a desirable corner lot (4,005 sq ft) overlooking the Venice Grand Canal, this 1973-built property offers two expansive, side-by-side townhome-style units, each approximately 2,200 square feet. Each unit features three levels, including two bedrooms and a loft/den in one unit, ideal for a home office or studio. Private roof decks and garages enhance the privacy and luxury of each residence. One unit includes a unique spa/pool. The units are filled with natural light and offer spacious interiors perfect for entertaining. Enjoy panoramic views from the oversized roof decks, capturing stunning sunsets and ocean breezes. This prime location provides easy access to Abbot Kinney Boulevard, the Venice Canals, Farmers Market, and the beach. The property is currently 100% occupied, offering immediate income potential. The asking price is $3,275,000, with a price per unit of $1,637,500 and a price per square foot of $741.62. The property is zoned LARW2. This is an unparalleled opportunity for owner-occupancy or a lucrative buy-and-hold investment.

Property profile
Verified
Property type Commercial real estate
Year built 1973
Total area 4,416 SF
APN 4225-007-014
UPID US09-8806530
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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