110 Driftwood Street

Marina del Rey, CA 90292

$2,450,000
Price
3
Beds
4
Baths
2,407 Sq. Ft.
$1,018 / Sq. Ft.
2,407
Sq. Ft.
$1,018
per Sq. Ft.

Description

Incredible opportunity to own a legal 3-unit property on the Marina Peninsula just steps to the beach! All 3 units are vacant and can generate great income. The building consists of two 1 bed + 1 bath units on the ground floor, each with private outdoor space & a 1 bed loft + 1.5 bath in the rear. All units have A/C & heat and in-unit laundry. The two front units have been completely remodeled with brand new appliances and finishes. The rear unit is in great shape and features a fireplace, tons of...Incredible opportunity to own a legal 3-unit property on the Marina Peninsula just steps to the beach! All 3 units are vacant and can generate great income. The building consists of two 1 bed + 1 bath units on the ground floor, each with private outdoor space & a 1 bed loft + 1.5 bath in the rear. All units have A/C & heat and in-unit laundry. The two front units have been completely remodeled with brand new appliances and finishes. The rear unit is in great shape and features a fireplace, tons of natural light, sauna, & enclosed deck. 3 car parking. Great investment property or owner user opportunity. This property is subject to LARSO/LA City Rent Control.
  1. Listed by Kacey Barnett • DRE #01959770 • Brokerage DRE #00759058 • Sail Realty

Property Details for 110 Driftwood Street

Zoning
LAR3
Parcel Number
4225007010
Total Units
3.0
Living Area
2407
Source Living Area
Assessor
Area
Marina Del Rey (C12)
Vacancy Rate
100%
Lot Size Area
2836
LISTING UPDATED: 09/27/2024 10:07 AM

Property Details for 110 Driftwood Street

StatusPending
MLS #24-396593
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.07 AC / 2,836 SF
CountyLos Angeles County

Building Information for 110 Driftwood Street

Stories2Residences-Year Built1953Building Size-Lot Size0.07 AC / 2,836 SF

Property Information for 110 Driftwood Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
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: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0651
  • Lot Size Square Feet: 2836
Parking Details
Parking Details
  • Parking Garage: Carport, Garage - 1 Car
  • Total Parking: 3
  • Parking Features: Carport, Garage - Single Door
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-27-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $446,926.00
  • Assessed Improvement Percent: 48.7
  • Assessed Land Value: $470,822.00
  • Assessed Land Percent: 51.3
  • Assessed Total Value: $917,748.00

Property History for 110 Driftwood Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 110 Driftwood Street

Taxable ValueLand$480,238Additions$455,864Total$936,102
Tax Record2023$11,282 ($940 / month)
Home Facts
Total Finished SqFt2,407 SqFtAbove Grade Finished SqFt2,407 SqFtLot Size2,813 SqFtStyleTriplexYear Built1953ZoningLAR3CountyLOS ANGELESAPN4225-007-010

Schools near 110 Driftwood 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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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. Offers of compensation are subject to change at the discretion of the seller. 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.