3111 Ocean Front Walk - Apartments FOR SALE


Marina Del Rey, CA 90292
$10,995,000 USD
310-598-1131
3111 Ocean Front Walk, Marina Del Rey, CA for Sale
$10,995,000 USD
Apartments - FOR SALE
1/163
null | Request Cap Rate

3111 Ocean Front Walk
Marina Del Rey, CA 90292


HIGHLIGHTS

  • Stunning beachfront asset located along the world renowned Ocean Front Walk
  • Legendary “Angel of Unity” building mural by famous painter Rassouli
  • Trophy opportunity to own a highly visible, irreplaceable Venice Beach location
  • Commercial units on the ground floor are delivered vacant, offering immediate leasing upside at market rents
  • Dynamic space offering retail, office, creative workspace, or possible boutique hospitality potential
  • Spectacular two-story penthouse featuring 22-foot ceilings and panoramic ocean-to-city views

OVERVIEW

A rare trophy beachfront asset located just steps from the Venice Pier, 3111 Ocean Front Walk is one of Venice Beach’s most recognizable mixed-use properties. Known as the iconic “Angel of Unity” building, the four-story architectural offering blends creative commercial space, residential income, and irreplaceable coastal frontage in the heart of one of Los Angeles’ most dynamic and heavily visited neighborhoods. On over 5,000 square feet of prime beachfront land, the approximately 8,000 square foot property features ground-floor commercial frontage along Ocean Front Walk, multiple shoreline-view apartments, and a dramatic split-level penthouse with sweeping 270-degree views spanning from the Pacific Ocean to the city skyline. Designed to maximize the coastal experience, the penthouse captures panoramic sunrise-to-sunset views from a unique motorized loft space. Positioned between Venice Beach and Marina del Rey, the property sits within one of Southern California’s most sought-after coastal trade areas, benefiting from constant tourism, strong local demographics, and long-term income growth potential. Zoned C4, the asset offers exceptional flexibility for an investor or operator seeking a repositioning, hospitality, creative office, retail, or mixed-use opportunity tailored to evolving market demand. Venice has emerged as the center of “Silicon Beach,” attracting leading technology, entertainment, and digital media companies alongside billions in venture capital investment. The neighborhood’s affluent and highly educated population, combined with millions of annual visitors drawn to Venice’s art, culture, restaurants, boutiques, and beachfront lifestyle, continues to drive demand for distinctive experiential real estate offerings.

FOR SALE DETAILS

PRICE

$10,995,000 USD

PRICE/SF

$1,374 USD /SF

# OF UNITS

5

PRICE/UNIT

$2,199,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1992

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,039 SF

ZONING

C4

APN/PARCEL ID

4225-001-002

ASK ABOUT THIS PROPERTY

Caroline TaicherThe Oppenheim GroupMore Info
310-598-1131

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

Caroline TaicherThe Oppenheim GroupMore Info
310-598-1131

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