13 Lighthouse Street 13 & 15, Marina Del Rey, California 90292, Marina Del Rey, - bed, bath

home-pic
ACTIVE$3,000,000
13 Lighthouse Street 13 & 15, Marina Del Rey, California 90292
6Beds
4Baths
2,496Sqft
3,147Lot
Year Built
1966
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25084770
Home ConditionFair
Features
Good View: Ocean
Deck
ViewOcean

About this home

Welcome to 13 Lighthouse a prime corner lot duplex providing a rare opportunity to own a slice of paradise in one of Southern California’s most desirable coastal communities, surrounded by multi-million dollars properties. Just steps from the ocean and nestled between the beach and the iconic canals, this rare duplex offers the ultimate in location, lifestyle, and potential. Whether you're dreaming of building your own luxury master piece, keeping as an income-generating property, this duplex delivers endless opportunities. Enjoy the best of Southern California living with easy access to the marina, Venice Boardwalk, world-class dining, and vibrant coastal culture. Just minutes away from Santa Monica, the West Side and the South Bay’s Beach Cities makes this one of the most desirable locations on the coast. Featuring two spacious units (13 & 15), each offering 3 bedrooms and 2 bathrooms and two-car garage, and second floor spacious balcony. This property is also offering three extra dedicated parking spaces. This is your chance to own a piece of the Marina lifestyle in one of L.A.'s most sought-after neighborhoods. New Roof and mainline plumbing recently installed.

Condition Rating
Fair

The property was built in 1966. The images show that the interior is aged but maintained. The kitchens and bathrooms appear functional but outdated. The listing mentions a new roof and mainline plumbing, but the interior appears to need updates to bring it to modern standards. Therefore, a 'fair' rating is appropriate.
Pros & Cons

Pros

Prime Location: Located in a highly desirable coastal community of Marina Del Rey, steps from the ocean, beach, and canals, surrounded by multi-million dollar properties.
Income Potential: Duplex configuration offers excellent income-generating potential, suitable for investors or owner-occupants looking to offset mortgage costs.
Development Opportunity: Rare corner lot provides a unique opportunity to build a luxury masterpiece, catering to high-end buyers seeking customization.
Recent Upgrades: New roof and mainline plumbing recently installed, reducing immediate maintenance concerns and potential expenses.
Ample Parking: Features a two-car garage for each unit plus three extra dedicated parking spaces, a valuable asset in a densely populated coastal area.

Cons

Year Built: Built in 1966, the property may require updates to meet modern standards and preferences, potentially incurring renovation costs.
Potential Renovation: While offering development potential, significant renovation or new construction may be necessary to maximize the property's value and appeal.
Market Competition: Located amongst multi-million dollar properties, this duplex will face strong competition from newer and more luxurious homes in the area.

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