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Unlock a lucrative opportunity in Marina del Rey with this fully renovated 3-bedroom, 2-bathroom property, ideally suited for builders and investors looking to maximize their return. Located just minutes from the beach, this property not only offers immediate rental potential but also comes with a ready-to-issue (RTI) permit for an additional estimated 704 square feet, allowing you to expand to a 4-bedroom, 4-bathroom layout. Key Investment Highlights: -Flexible Property Use: The current layout can be utilized as a spacious single-family residence or converted into two rental units: a 2-bedroom, 1-bathroom and a JADU (Junior Accessory Dwelling Unit) with 1 bedroom and 1 bathroom. Both units feature separate addresses while sharing utilities, enhancing rental income possibilities. - Ready-to-Issue Permit (RTI): The property comes with an RTI permit to add an estimated 704 square feet, allowing for a seamless expansion. This expansion can be executed while retaining the existing kitchen and bathrooms, making it an efficient project for builders looking to increase property value quickly. - Projected After Repair Value (ARV): Once expanded to a 4-bedroom, 4-bathroom layout, the propertys ARV is estimated between $1.8 million and $2.1 million. This significant increase in value makes it a compelling investment opportunity. - Prime Location: Situated in the highly sought-after Marina del Rey area, this property is just minutes from the beach, ensuring strong demand and high rental yields. - Turnkey Condition: Fully renovated and move-in ready, this property requires no immediate work, making it an attractive investment for those looking to generate income quickly. - Growth Potential: With the added square footage and resulting ARV, you can significantly enhance the propertys market value, making it an ideal project for savvy investors and builders. This is a prime opportunity for builders and investors to secure a property in a desirable location while benefiting from a straightforward expansion plan. Dont miss out on the chance to capitalize on this unique investment!
| Last Updated | 3/6/2026 | Year Built | 1953 |
|---|---|---|---|
| County | Los Angeles |
Price History
| Prior to Mar 6, '26 | $1,350,000 |
|---|---|
| Mar 6, '26 - Today | $1,339,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Range, Microwave, Refrigerator |
| CONSTRUCTION | Frame |
| LOT | 3746 sq ft |
| LOT DIMENSIONS | 1-3,999 SF |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2026 San Diego MLS®, Inc.
Properties on this website was last updated as recently as 3/6/26 6:39 PM PST.
This IDX solution is (c) Diverse Solutions 2026.
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