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$8,200,000
Est. payment /mo
0.38 Acres Lot
UPDATED:
12/13/2024 11:48 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PI24230969
HOA Y/N No
Year Built 1984
Lot Size 0.380 Acres
Property Description
Discover a prime retail investment opportunity at this exceptional property on Lincoln Blvd in Marina Del Rey. With an impressive 8,724 SF building comprising 7 units, plus a large billboard. All tenants are long term This attractively designed structure, built in 1984, offers a sought-after investment opportunity. Zoned LAC2 and enjoying 100% occupancy, this property presents a compelling case for retail investors seeking a stable and lucrative investment.Immerse yourself in the vibrant atmosphere of Marina Del Rey, a sought-after destination brimming with retail opportunities. Located near the bustling Lincoln Blvd, the area offers prime access to a diverse array of retail hotspots. From high-end fashion boutiques to trendy eateries such as Cafe del Rey and Mendocino Farms, the dynamic retail scene caters to a wide range of clientele. With proximity to the stunning Marina del Rey Waterfront, the location presents a unique blend of coastal charm and urban energy, creating an enticing draw for retail investors seeking a prime location with a thriving consumer base. This is an exceptional opportunity to become part of a flourishing retail landscape in a coveted location. Its proven track record of full occupancy and prime location in the desirable Marina Del Rey area make this property a sound investment in a thriving retail market. Don't miss the chance to secure a valuable asset in a prime location with a strong tenant base.
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Interior
Fireplace No
Laundry None
Exterior
Present Use Investment
Building
Lot Description 21-25 Units/Acre
Story 1
Water Public
Others
Tax ID 4230002002
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by James Kelsey • Century 21 Hometown Realty, Arroyo Grande Office • 805-709-4828
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908