124 Washington Blvd - Office/Residential FOR SALE


Marina del Rey, CA 90292
$5,325,000 USD
310-722-9494
124 Washington Blvd, Marina del Rey, CA for Sale
$5,325,000 USD
Office/Residential - FOR SALE
1/12
null | Request Cap Rate

124 Washington Blvd
Marina del Rey, CA 90292


HIGHLIGHTS

  • Rare owner/user opportunity — 5,281 SF freestanding office building delivered vacant at close of escrow.
  • Passenger elevator and 16+ dedicated parking spaces (3.03/1,000 SF) on a separate parking parcel — both uncommon at this size in this submarket.
  • Corner lot at Washington Blvd, steps from Venice Pier, the Grand Canal, and the marina.
  • Three floors of ~1,760 SF each — suitable for a single user or floor-by-floor occupancy.
  • Zoned RD1.5/C2 for flexible office, professional, or mixed-use

OVERVIEW

Rare owner/user opportunity in the heart of Marina del Rey — steps from Venice Pier. 5,281 SF freestanding office building on 3 floors, delivered vacant at close of escrow. Features a passenger elevator, 16+ dedicated parking spaces (3.03/1,000 SF) on a separate parcel at 115 Anchorage St., and a corner lot at Washington Blvd. Built 1992. Zoned RD1.5/C2 for flexible office/mixed use. Walking distance to the Grand Canal, Venice Pier, the marina, and the Washington Blvd/Abbot Kinney restaurant corridor. Ideal for a law firm, wealth manager, family office, creative/media company, medical or professional office, or small tech headquarters seeking to own rather than lease. Full offering memorandum available on request.

FOR SALE DETAILS

PRICE

$5,325,000 USD

PRICE/SF

$1,008 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,453 SF

ZONING

RD1.5, C2

APN/PARCEL ID

4225-002-014

ASK ABOUT THIS PROPERTY

James SandersEstate Properties Commercial ServicesMore Info
310-722-9494

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

James SandersEstate Properties Commercial ServicesMore Info
310-722-9494

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.