This is an amazing opportunity to acquire prime beach community property with upward income potential.
Freeway access is close by and LAX is only ten minutes away. It's an unprecedented opportunity for growth in a high-value area.
The property is between the Inn at Playa del Rey and Titmouse Park, directly across from the Marina del Rey Harbor and walking distance to the ocean. It is also near bike paths, and the Playa Vista community of restaurants, grocery stores, and retail, but also vibrant Venice Beach (home of Google, Yahoo, Buzzfeed) and is not too far from Santa Monica (home of Lionsgate films, Universal Music Group, and Amazon Studios).
Property is Zoned C-4 with an R-1 overlay allowing for mixed use. Use this unique opportunity to rent units as office space or residential property, or make this your own single-family residence!
Upstairs unit comprises 3br/2ba (approx +/- $4,500 to $4,800 rental income per month), and a second unit with 1br/1ba (approx +/- $2,200 to $2,500 rental income per month).
Both units have beautiful large outdoor wooden decks with big views of the Ballona Wetlands nature preserve, the Marina Channel and Santa Monica Mountains. Live the California dream in this prime Silicon Beach community property!