116 Driftwood St Marina Del Rey, CA 90292
Sale
$2,075,000
2 Units
4 Beds
4 Baths
2,208 Area(sq.ft.)
2,455 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | n/a | n/a | $ 5,000 |
| Unit 2 | 2 | 2 | 2 | No | n/a | n/a | $ 5,000 |
| 2 | 3 | 6 | 6 | $ 0 | $ 0 | $ 15,000 |
| MLS #: | 24-357669 |
| Days On Market: | 31 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 940 |
| Price per unit: | $ 1,037,500 |
| Year Built: | 1967 |
Property Details
LET'S WALK TO THE BEACH!! Located in Marina Del Rey, this remodeled 2-story Duplex is just 1 block from the sand. Each unit offers 2-bedrooms 2-baths with approximate 1,100 square feet of living space per unit. Features include updated kitchens with newer appliances, granite counter tops, tiled floors, inside laundry, 2-car attached garage plus one additional uncovered parking space. BOTH UNITS WILL BE DELIVERED VACANT AT CLOSING.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 3% |
| Gross Operating Income: | $ 116,400 |
| Total Annual Expense: | $ 29,138 |
| Net Operating Income: | $ 87,263 |
| Gross Annual Income: | $ 120,000 |
| Cap Rate: | 4.21% |
| Gross Rent Multiplier: | 17.29 |
| Actual Rent Total: | $ 0 |
Structure
| Type of Units: | Duplex |
| Buildings: | 1 |
| Levels: | Two |
| Style: | Traditional |
| Sewer: | In Street Paid |
| View Description: | None |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Garage - 2 Car, Garage Is Attached, Door Opener, Uncovered |
Interior
| Cooking Appliances: | Free Standing Gas, Range Hood |
| AC/Cooling: | Air Conditioning, Ceiling Fan, Central |
| Equipment: | Dishwasher, Ceiling Fan, Garbage Disposal, Hood Fan, Range/Oven, Ice Maker, Stackable W/D Hookup, Vented Exhaust Fan, Microwave |
| Heating: | Central |
| Kitchen Features: | Granite Counters |
| Laundry: | Laundry Closet Stacked |
Exterior
| Exterior Construction: | Stucco |
| Roof: | Flat |
Detailed Map
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Income
