Just Listed – Beautiful Triplex in Marina del Rey

Rachel Bush and Austin Zahn of Lyon Stahl are pleased to present 120 Buccaneer St, a beautiful triplex on a walk-street in Marina del Rey!

Listed at $2,950,000 this building built in 1973, has a cap rate of 2.48% and an NOI of $73,075.

Located on the coveted Marina del Rey peninsula, this property boasts high-quality units in a highly desirable beach community.
Giving the option of an owner occupier’s dream or quality units for a savvy investor. Either way, surely an investment you don’t want to miss!

Investment Highlights:

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City Overview: 
Marina Del Rey is an unincorporated seaside community in the outskirts of Los Angeles, CA. Located within a marina that is a major boating & water recreation destination of the Greater Los Angeles Area. The marina is North America’s largest man-made small-craft harbor & is home to approximately 5,000 boats. The coastal community of Marina del Rey, is located in the center of Los Angeles’ Westside between Venice Beach & Playa del Rey, 4 miles north of Los Angeles International Airport. Marina del Rey CDP (Census Designated Place) has a population of 8,866. The community includes 4,602 boat slips in 22 anchorages & marinas, 5,445 rental apartments, 600 condominiums, six hotels with 1,103 hotel rooms, & 1 million square feet of retail, office, & restaurant development.

City Highlights:
● Easily accessible location – beach, LAX, shops & restaurants
● Highly demanded rental market
● Dynamic city & consistently growing area

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To learn more about this property:

• Download the marketing package here
• View the listing here
• Contact Rachel Bush at [email protected] – (424) 316 2400
• or Austin Zahn at [email protected] – (310) 491-7050