NOT LISTED FOR SALE

101 Catamaran St Marina Del Rey, CA 90292

12 Beds
7.5 Baths
5,661 Sq Ft
5,021 Sq Ft Lot Lot

Sale Details

Date Sold: April 29, 2025

Last sale price $3,000,000 $530 Per Sq Ft

74 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Living Room Balcony
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of April 2025

Exceptional 6-unit income property two blocks from the beach, with four VACANT UNITS (each 2 Bdrm) @ 5% pro-forma cap rate! Seconds to the sand, this opportunity is ready to go with new exterior paint, on-site laundry, and six parking spaces. For owner-occupants, the two of the vacant units are side by side on the top floor, providing a rare opportunity for an owner/user to combine them into a spacious, customized living space while still enjoying rental income from the remaining four units. The property boasts an ideal location, allowing residents to enjoy the coastal lifestyle with ease. Imagine creating your dream home with the beach just a short stroll away while benefiting from the steady rental income from the other units. Perfect for investors or those seeking a blend of homeownership and investment, this property is a rare find in one of Southern California's most demanded rental neighborhoods! Situated in one of the best beachside locations, take a short stroll to fabulous restaurants, coffee shops, bars, and more. Bike down to the pier, the Venice Canals, or Abbot Kinney; everything you could want or need is here!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 01/16/2025

Co-Listed By

Samantha Kinnon

Pardee Properties License #01858397

Last Buyer's Agent

Tim Steuernol

NAI Capital Commercial Inc. License #01742766

NAI Capital Commercial Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,021 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Landscaped
  • Front Yard

Property Views

  • City Lights
  • Trees

Home Design

  • Bungalow
  • Turnkey

Interior Spaces

  • 5,661 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Dining Area

Kitchen

  • Gas Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7.5 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Carport
  • Assigned Parking

Outdoor Features

  • Living Room Balcony

Utilities

  • Radiant Heating System
  • Sewer in Street

Community Details

  • 6 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4225-004-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

5,021 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5661
  • Lot Acreage: 0.1153
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Living Room Balcony, Open Floor Plan, Turnkey, Drywall Walls
  • Flooring: Carpet, Mixed, Tile, Wood
  • Appliances: Oven, Oven-Gas, Gas
  • Bedrooms: 12
  • Bedroom Features: Master Bedroom
  • Bathroom Features: Tile, Shower Over Tub
  • Kitchen Features: Tile Counters
  • Laundry: Community, Room
  • Total Bathrooms: 7.50
  • Equipment: Refrigerator, Dishwasher, Dryer, Washer
  • Price Per S Q F T: 582.94

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Carport, Assigned
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Heating: Radiant
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4225-004-005
  • Lot Description: Fenced, Front Yard, Landscaped, Sidewalks
  • Lot Size Area: 5021

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.83
  • Number Of Units: 6
  • Rent Control: 100
  • Type Of Units: Attached

MLS Schools

  • School District: Los Angeles Unified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $3,000,000 -9.1% $530 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $3,300,000 -- $583 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,113 $516,951 $290,957 $225,994
2024 $7,113 $506,815 $285,252 $221,563
2023 $6,996 $496,878 $279,659 $217,219
2022 $6,709 $487,136 $274,176 $212,960
2021 $6,598 $477,585 $268,800 $208,785
2020 $6,652 $472,689 $266,044 $206,645
2019 $6,421 $463,422 $260,828 $202,594
2018 $6,323 $454,336 $255,714 $198,622
2016 $5,963 $436,695 $245,785 $190,910
2015 $5,886 $430,137 $242,094 $188,043
2014 $5,944 $421,712 $237,352 $184,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-411166

The MLS
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