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3111 Ocean Front Walk 5 Unit Apartment Building $11,700,000 ($2,340,000/Unit) Marina Del Rey, CA 90292
Investment Highlights
- Iconic Mixed-Use Waterfront Asset
- Unparalleled Ocean Views & Premium Units
- Prime Location in Silicon Beach
- Architectural Distinction & “Angel of Unity” Mural
- Immediate Leasing & Redevelopment Upside
- Strong Demographics & Tourism
Executive Summary
JUST REDUCED / MOTIVATED SELLER | +/-8,000 SF of Mixed-Use space located footsteps from the Venice Pier. This multi-faceted building provides ample opportunities for residential, commercial, boutique hotel, and Airbnb. Built in 1992, the iconic high-concept architectural beach front asset is a four-story 8,000 SF building that encompasses 5,039 SF of irreplaceable coastal land. Each level offers opportunistic environments which include commercial spaces on Ocean Front Walk, shoreline view apartments, and a split-level penthouse uniquely designed with 270-degree ocean to city views allowing sunrise to sunset experiences from a motorized loft.
Property Facts
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Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (89)
Property Taxes
| Parcel Number | 4225-001-002 | Improvements Assessment | $1,580,707 |
| Land Assessment | $1,920,492 | Total Assessment | $3,501,199 |
Property Taxes
Parcel Number
4225-001-002
Land Assessment
$1,920,492
Improvements Assessment
$1,580,707
Total Assessment
$3,501,199
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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3111 Ocean Front Walk
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