Asking Price: $2,950,000

Welcome Aboard! The Iconic Boat House of the Marina Peninsula is one of the most recognizable buildings on the sand side of Marina del Rey, just steps from the beach, the Venice Canals, and Abbott Kinney. This triplex lives like a fourplex. Unit 1 anchors the first floor with 2 beds, 2 baths, and approximately 1,063 square feet opening to a large wraparound patio and the building's signature boat deck. Unit 2 is a recently remodeled 1 bed, 1 bath of approximately 750 square feet. Unit 3 offers a spacious 2 bed, 2 bath layout with in-unit laundry across approximately 995 square feet and its own one-car garage. The fourth unit, an unpermitted studio of approximately 388 square feet with a kitchenette, private bath, and its own balcony, is delivered vacant. Ample parking, a storage room, and separately metered electricity and water round out the building. Plans are in process with the city to legalize the fourth unit under AB 2533, complete a third-story addition with a private roof deck at Unit 2, and add two ADUs, creating a path to six total units in one of LA's most supply-constrained coastal pockets. A new owner inherits months of Coastal-zone entitlement progress instead of starting from scratch. The timing is bigger than the building: Venice Beach will serve as an official 2028 Olympic venue, hosting the triathlon along with the marathon and road cycling starts, minutes from this address. Rent roll, plans, and permit status available upon request.