131 Fleet St Marina del Rey, CA 90292
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.