10 Anchorage Street

Marina del Rey, CA 90292

$4,100,000
Price
8
Beds
8
Baths
5,235 Sq. Ft.
$783 / Sq. Ft.
5,235
Sq. Ft.
$783
per Sq. Ft.

Description

Phenomenal opportunity to own a legal 5-unit property on the Marina Peninsula! 1 block south of the famous Venice Pier and Washington Square. Minutes from the Venice Boardwalk, Abbot Kinney, and Venice Canals. Built in 1970, the property is under LARSO/LA City Rent Control. This building is comprised of 4 market rate units and 1 moderate income unit. 4 of the 5 units are currently rented. The building has a 2 bed + 1 bath Moderate Income Unit (UDU) on the ground floor, the middle floor has a 1 bed...Phenomenal opportunity to own a legal 5-unit property on the Marina Peninsula! 1 block south of the famous Venice Pier and Washington Square. Minutes from the Venice Boardwalk, Abbot Kinney, and Venice Canals. Built in 1970, the property is under LARSO/LA City Rent Control. This building is comprised of 4 market rate units and 1 moderate income unit. 4 of the 5 units are currently rented. The building has a 2 bed + 1 bath Moderate Income Unit (UDU) on the ground floor, the middle floor has a 1 bed + 1 bath & 2 bed + 2 bath, and the top floor has a 1 bed, loft + 2 bath & 2 bed, loft + 2 bath. The top floor units have stunning ocean views with spacious private roof decks. Units 1 & 2 have A/C & heat. Unit 3, 4 & 5 have heat. 8 car carport parking. Seismic retrofit has been completed in the carport. Large private patio along walk street. Great investment property or owner user opportunity.
  1. Listed by Kacey Barnett • DRE #01959770 • Brokerage DRE #00759058 • Sail Realty

Property Details for 10 Anchorage Street

Zoning
LAR3
Parcel Number
4225001042
Total Units
5.0
Living Area
5235
Source Living Area
Assessor
Area
Marina Del Rey (C12)
Vacancy Rate
1 Unit
Lot Size Area
3081

Location

Listing Courtesy of Sail Realty, Kacey Barnett, DRE #01959770
Add your commute
LISTING UPDATED: 05/28/2024 12:01 AM

Property Details for 10 Anchorage Street

StatusActive
MLS #24-394135
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1970
Lot Size0.07 AC / 3,081 SF
CountyLos Angeles County

Location

Listing Courtesy of Sail Realty, Kacey Barnett, DRE #01959770
Add your commute

Building Information for 10 Anchorage Street

Stories3Residences-Year Built1970Building Size-Lot Size0.07 AC / 3,081 SF

Payment Calculator

$22,375 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,375

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10 Anchorage Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: Yes
  • View Description: Ocean
  • View: Ocean
Contract Info
Contract Info
  • Disclosures: Coastal Commission Restrictions, Coastal Zone, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $195,216
  • Net Operating Income: $211,744.00
  • Gross Income: $227,028
  • Cap Rate: 5.16%
  • Gross Rent Multiplier: $18.06
  • Total Annual Expense: 15284
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0707
  • Lot Size Square Feet: 3081
Parking Details
Parking Details
  • Parking Garage: Assigned, Carport Attached
  • Total Parking: 8
  • Carport Spaces Total: 8
  • Parking Features: Assigned, Attached Carport
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling: Electric
  • Cooling Type: Electric
  • Heating: Wall Furnace
  • Heating Type: Wall, Other
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Microwave
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-20-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,651.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,274.00
  • Unit Actual Rent: $3,274.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,424.00
  • Unit Actual Rent: $2,424.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,996.00
  • Unit Actual Rent: $4,996.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,574.00
  • Unit Actual Rent: $5,574.00
  • Unit Projected Rent: $7,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $377,186.00
  • Assessed Improvement Percent: 41.12
  • Assessed Land Value: $540,117.00
  • Assessed Land Percent: 58.88
  • Assessed Total Value: $917,303.00

Property History for 10 Anchorage Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 10 Anchorage Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Coeur D'Alene Avenue Elementary School
PublicK to 5

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Westside Global Awareness Magnet
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10 Anchorage Street is a multi-family home for sale in Marina del Rey, CA 90292. This property was listed for sale on May 20, 2024 by Sail Realty, it's currently listed at $4,100,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Coeur D'Alene Avenue Elementary School, Marina Del Rey Middle School and Venice Senior High School. 10 Anchorage Street is a 8-bed, 8-bath, 5,235 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sail Realty, Kacey Barnett, DRE #01959770

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.