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Property profile & analytics
OFF-MARKET
Estimated value
$3,570,000
Apartment buildings
14 Mast St, Marina Del Rey, CA 90292-5978
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-0498395
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
6,261 SF
Lot
0.07 ac (3,151 SF)
Zoning code
LAR3
APN
4294-003-002
UPID
US10-0498395
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
AI Approach
AI
$3.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$3.57M
Owner & transaction history
Paul Morady · 2 yrs held
Paul Morady
since 2023
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
LAR3 · Marina Del Rey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.1M
+146.9%
Neighborhood: shopping center
$3.8M
+130.7%
Auto repair, garage
$2.9M
+75.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Marina Del Rey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marina Del Rey submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,485,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,075,000
Change: +147% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,810,000
Change: +131% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,895,000
Change: +75% · Conversion: Difficult
MEDICAL BUILDING
$2,845,000
Change: +72% · Conversion: Moderate
OFFICE BUILDING
$2,810,000
Change: +70% · Conversion: Moderate
RETAIL STORES
$2,400,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$3.57M
Range $3.21M – $3.93M · ±10% · vs last sale $3.65M (Oct 13 2023)
Last sale anchor
$3.65M
Oct 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$570 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$47,388
Tax year 2024
Assessed value
$3,874,308
Assessed 2024
Previous assessed
$3,874,308
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,711,386
Assessed improvement
$1,162,922
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Cooling
YES
Units
5
Bathrooms
7
Total area
6,261 SF
Lot
0.07 ac (3,151 SF)
Zoning code
LAR3
APN
4294-003-002
UPID
US10-0498395
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Marina Del Rey, CA
Zoning LAR3 · permitted uses
LAR3 · Marina Del Rey, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marina Del Rey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.4M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
5
Bathrooms
7
Lot
0.07 ac
Current owner
From public records · entity-resolved
Paul Morady
Individual
Mailing address
739 KANAN RD, AGOURA HILLS, CA 91377
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
The Morady Family Trust
—
Deed
related
$1,850,000 · Sj Clan Properties LLC
Apr 2, 2025
—
Paul Morady
—
Deed
related
$215,000 · Cd Cordero INC 401k Profit Sharing Plan
Oct 10, 2024
—
Paul Morady
—
Deed
related
$2,730,000 · Dmc INC
Mar 18, 2024
—
Paul Morady
—
Deed
related
$1,250,000 · Compass Alternative Investments LLC
Oct 13, 2023
—
Paul Morady
Paul H Morady
Intrafamily Transfer
related
$2,275,000 · Sdc Capital Mw LLC
Aug 28, 2023
—
Paul H Morady
—
Deed
related
$200,000 · Sdc Capital Mw LLC
Mar 2, 2021
$3,650,000
Paul H Morady
Eric P Zahm
Grant Deed
$2,372,500 · Pme Ca Reit LLC
Mar 2, 2021
—
Paul H Morady
Mavash Morady
Intrafamily Transfer
related
—
Jul 13, 2001
—
James C Duff
Scholl,b R
Quit Claim Deed
related
—
—
—
Scott Chapin
—
Deed Of Trust
related
$815,000 · Glendale Federal Bank
—
—
Scott Chapin
—
Deed Of Trust
related
$418,500 · Home Savings Of America
—
—
Eric P Zaham
—
Deed Of Trust
related
$750,000 · Malaga Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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