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Off market aug 2023 for $4.8M

—

Est. refi paymentEst. refi $18,745/mo

•

8,040

sq ft

16 Fleet St, Marina del Rey, CA 90292

About this home

16 Fleet Street is a well positioned 10-unit apartment building situated on the highly sought-after Peninsula of Marina Del Rey, just one lot from the sand. The property boasts a mix of (4) 2-bed/2-bath units, (4) 1-bed units, and (2) Bachelor units. (6) Units feature private balconies/patios. Tenants enjoy ample parking, on-site laundry and a bike storage room, as well as a large private yard facing a walk-street. Great proximity to the Marina and Venice Pier areas provides easy access to a range of retail and restaurant establishments. The building offers 8,040 RSF of living space priced at $621/SF and $499,999 per unit, with a 17.5 GRM and 3.74% CAP (Proforma 11.5 GRM and 6.43% CAP) presenting immediate upside potential. With its premier location, sizeable living space, and attractive pricing, 16 Fleet Street is an excellent and rare investment opportunity for any Los Angeles CRE Investor.

Multi-familyProperty Type

1971Year Built

6,301 sq ftLot Size

$600Price/Sq.Ft.

10 garage spacesParking

Listed by Woody Stahl •DRE #01399621 • Lyon Stahl Investment Real Est

Listed by Brett Lyon •DRE #01717818 • Lyon Stahl Investment Real Estate, Inc.

Contact: broker@lyonstahl.com

Bought with Woody Stahl •DRE #01399621 • Lyon Stahl Investment Real Est

Redfin checked: 3 minutes ago

•Source:CRMLS #PW23049920

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Marina Peninsula, CA

Last updated October 2026

Sale-to-list price

96.4%

1.4% MoM

Median sale price

$2.6M

$600K MoM

Avg. days on market

51d

59 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 16 HRS AGO
$2,995,000
3 beds4 baths3,195 sq ft
18 Voyage St, Marina del Rey, CA 90292
$1,350,000
2 beds1 bath820 sq ft
3024 Yale Ave, Marina del Rey, CA 90292
$989,000
2 beds2 baths1,386 sq ft
4600 Via Dolce #206, Marina Del Rey, CA 90292
$939,000
1 bed2 baths920 sq ft
4141 Glencoe Ave #511, Marina del Rey, CA 90292
OPEN TODAY, 12PM TO 2PM
$1,299,000
3 beds3 baths1,582 sq ft
13237 Fiji Way Unit A, Marina del Rey, CA 90292
3D WALKTHROUGH
$1,049,000
3 beds3 baths1,582 sq ft
4724 La Villa Marina Unit J, Marina del Rey, CA 90292
$2,795,000
3 beds2 baths1,365 sq ft
1 Eastwind St #103, Marina del Rey, CA 90292
$759,000
1 bed1 bath965 sq ft
4215 Glencoe Ave #206, Marina del Rey, CA 90292
OPEN SUN, 1PM TO 4PM
$1,194,000
3 beds3 baths1,582 sq ft
4754 La Villa Marina Unit D, Marina del Rey, CA 90292
$1,300,000
2 beds3 baths1,679 sq ft
13650 Marina Pointe Dr #404, Marina del Rey, CA 90292
See all

Provided by Redfin

Sale history for 16 Fleet St

Year

Property tax

Land + Additions

Assessment*

2025

$59,813 (+1.1%)

$3,979,530 + $1,040,400

$5,019,930

2024

$59,154 (+626.4%)

$3,901,500 + $1,020,000

$4,921,500

2023

$8,143 (+4.3%)

$3,825,000 + $1,000,000

$4,825,000

2022

$7,810 (+1.8%)

$344,100 + $228,716

$572,816

2021

$7,671 (−0.8%)

$337,353 + $224,232

$561,585

2020

$7,733 (+3.6%)

$330,739 + $219,836

$550,575

2019

$7,467 (+1.8%)

$327,348 + $217,582

$544,930

2018

$7,337 (+2.6%)

$320,930 + $213,316

$534,246

2017

$7,154 (+3.6%)

$308,469 + $205,034

$513,503

2016

$6,907 (+1.3%)

$308,469 + $205,034

$513,503

2015

$6,818 (−1.3%)

$302,421 + $201,014

$503,435

2014

$6,906 (−1.2%)

$292,044 + $194,117

$486,161

2012

$6,991 (+2.4%)

$290,725 + $193,240

$483,965

2011

$6,826 (+0.4%)

$285,025 + $189,451

$474,476

2010

$6,802 (+3.7%)

$279,437 + $185,737

$465,174

2009

$6,559 (+3.9%)

$277,349 + $184,349

$461,698

2008

$6,310

$278,008 + $184,787

$462,795

Tax history for 16 Fleet St

Year

Property tax

Land + Additions

Assessment*

2025

$59,813 (+1.1%)

$3,979,530 + $1,040,400

$5,019,930

2024

$59,154 (+626.4%)

$3,901,500 + $1,020,000

$4,921,500

2023

$8,143 (+4.3%)

$3,825,000 + $1,000,000

$4,825,000

2022

$7,810 (+1.8%)

$344,100 + $228,716

$572,816

2021

$7,671 (−0.8%)

$337,353 + $224,232

$561,585

2020

$7,733 (+3.6%)

$330,739 + $219,836

$550,575

2019

$7,467 (+1.8%)

$327,348 + $217,582

$544,930

2018

$7,337 (+2.6%)

$320,930 + $213,316

$534,246

2017

$7,154 (+3.6%)

$308,469 + $205,034

$513,503

2016

$6,907 (+1.3%)

$308,469 + $205,034

$513,503

2015

$6,818 (−1.3%)

$302,421 + $201,014

$503,435

2014

$6,906 (−1.2%)

$292,044 + $194,117

$486,161

2012

$6,991 (+2.4%)

$290,725 + $193,240

$483,965

2011

$6,826 (+0.4%)

$285,025 + $189,451

$474,476

2010

$6,802 (+3.7%)

$279,437 + $185,737

$465,174

2009

$6,559 (+3.9%)

$277,349 + $184,349

$461,698

2008

$6,310

$278,008 + $184,787

$462,795

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

6,303 Sq. Ft.

Year renovated

1971

Sq. Ft.

8,040

Year built

1971

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

4225009037

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 6, 2026.

Dec 12, 2023 • Final

Electrical

Install power lines for mini split units. Each unit will have a dedicated electrical circuit.

Electrical

HVAC

Dec 1, 2023 • Final

Hvac

Install two mini split systems in two separate apartments.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking / Garage Information
Uncovered Spaces: 3
# of Garage Spaces: 10
# of Parking Spaces: 13

Interior

Laundry Information
Has Laundry
Area

Unit Type 1 Information
Unit Key Numeric: 11670092
Listing Key Numeric: 371159010
Actual Rent: $1,969
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $1,969
Total # of Units: 1

Unit Type 2 Information
Unit Key Numeric: 11670093
Listing Key Numeric: 371159010
Actual Rent: $2,500
Total # of Baths: 1
# of Baths Full: 1
# of Garage Spaces: 1
Total Rent: $2,500
Total # of Units: 1

Unit Type 3 Information
Listing Key Numeric: 371159010
Unit Key Numeric: 11670094
Actual Rent: $2,070
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $2,070
Total # of Units: 1

Unit Type 4 Information
Listing Key Numeric: 371159010
Unit Key Numeric: 11670095
Actual Rent: $2,763
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $2,763
Total # of Units: 1

Unit Type 5 Information
Unit Key Numeric: 11670096
Listing Key Numeric: 371159010
Actual Rent: $2,850
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $2,850
Total # of Units: 1

Unit Type 6 Information
Listing Key Numeric: 371159010
Unit Key Numeric: 11670097
Actual Rent: $1,904
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 1
Total Rent: $1,904
Total # of Units: 1

Unit Type 7 Information
Unit Key Numeric: 11670098
Listing Key Numeric: 371159010
Actual Rent: $2,382
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 1
Total Rent: $2,382
Total # of Units: 1

Unit Type 8 Information
Unit Key Numeric: 11670099
Listing Key Numeric: 371159010
Actual Rent: $1,889
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 1
Total Rent: $1,889
Total # of Units: 1

Unit Type 9 Information
Unit Key Numeric: 11670100
Listing Key Numeric: 371159010
Actual Rent: $2,395
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 1
Total Rent: $2,395
Total # of Units: 1

Unit Type 10 Information
Unit Key Numeric: 11670101
Listing Key Numeric: 371159010
Actual Rent: $2,500
Total # of Baths: 1
# of Baths Full: 1
# of Garage Spaces: 1
Total Rent: $2,500
Total # of Units: 1

Expenses
Trash: $5,233
Total: $98,346
Maintenance: $8,423
Insurance: $5,300
Electric: $1,761
New Taxes: $59,530

Multi-Unit Information
Net Operating Income: $187,218
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 8,040
Gross Scheduled Income: $285,564
Gross Multiplier: 17.51
Gross Income: $285,564
Laundry Equipment Own or Lease: Own
Laundry Income: $125
# Of Leased Units: 8
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 1
# Of Separate Electric Meters: 11
# Of Buildings: 1

Exterior

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre

Property Information
Total # of Units: 10
Common Walls: No Common Walls
Parcel Number: 4225009037
Has View
Year Built Source: Assessor

Financial

Lease / Rental Details
Operating Expense: $98,346
Other Expense: $4,238
Other Expense Description: Utility
Rent Control
Total Actual Rent: $280,764

Utilities

Utilities Information
Sewer: Public Sewer
Water Source: District/Public

Location

Neighborhood Information
Community Features: Biking

Location Information
Latitude: 33.97602700
Longitude: -118.46361100
Directions: 1 Parcel from the beach on Fleet Walkstreet
Zoning: LAR3

Public facts

Beds: 12
Baths: 12.0
Sq. Ft.: 8,040
Stories: —
Lot Size: 6,303 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1971
Year Renovated: 1971
County: Los Angeles County
APN: 4225009037

Home facts updated by county records on Oct 6, 2026

Other

Listing Information
IDX Contact Info: broker@lyonstahl.com
Days Active in MLS: 63
Continuous Days Active in MLS: 63

Listing Agent Information
List Agent First Name: J.Woody
List Agent Last Name: Stahl
Co-List Agent First Name: Brett
Co-List Agent Last Name: Lyon

Listing Office Information
List Office Name: Lyon Stahl Investment Real Est
Co-List Office Name: Lyon Stahl Investment Real Estate, Inc.

Selling Agent Information
Buyer Agent First Name: Woody
Buyer Agent Last Name: Stahl

Selling Office Information
Buyer Office Name: Lyon Stahl Investment Real Est

Around this home

Schools

K - 12
Preschool & daycare

Coeur D'Alene Avenue Elementary School

Public K-5 • Assigned • 1.1mi

10/10

Marina Del Rey Middle School

Public 6-8 • Assigned • 2.6mi

5/10

Venice Senior High School

Public 9-12 • Assigned • 1.8mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

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LA real estate remains resilient, with long-term demand, limited desirable inventory, and strong neighborhood-by-neighborhood opportunities. For savvy buyers and sellers, the current market creates opportunities to negotiate strategically and build...
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Redfin agent
59 deals
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The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
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Redfin Premier agent
87 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

6 days above 82° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Marina del Rey, CA • 90292

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.7 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 16 Fleet St

Data from public records.

Address	Redfin Estimate
13 Fleet St, Marina del Rey, CA 6 Beds \| 4 Baths \| 3068 Sq. Ft.	—
25 Fleet St, Marina del Rey, CA 4 Beds \| 3 Baths \| 2754 Sq. Ft.	$2,907,784
28 Fleet St, Marina del Rey, CA 3 Beds \| 2 Baths \| 1296 Sq. Ft.	$1,904,638
6 Fleet St Apt 102, Marina del Rey, CA 4 Beds \| 3 Baths \| 1967 Sq. Ft.	$2,164,179
6 Fleet St Apt 203, Marina del Rey, CA 2 Beds \| 2 Baths \| 1108 Sq. Ft.	$2,007,848
6 Fleet St Apt 303, Marina del Rey, CA 1 Beds \| 1 Baths \| 971 Sq. Ft.	$1,204,909
21 Galleon St, Marina del Rey, CA 3 Beds \| 2 Baths \| 1914 Sq. Ft.	$2,146,489

Address	Redfin Estimate
17 Fleet St, Marina del Rey, CA 4 Beds \| 5 Baths \| 2680 Sq. Ft.	$2,240,093
20 Fleet St, Marina del Rey, CA 6 Beds \| 4 Baths \| 2548 Sq. Ft.	$2,032,360
30 Fleet St, Marina del Rey, CA 1 Beds \| 1 Baths \| 636 Sq. Ft.	$1,161,733
6 Fleet St Apt 201, Marina del Rey, CA 2 Beds \| 2 Baths \| 1108 Sq. Ft.	$2,087,388
6 Fleet St Apt 301, Marina del Rey, CA 2 Beds \| 2 Baths \| 1292 Sq. Ft.	$2,391,488
6 Fleet St Apt 304, Marina del Rey, CA 3 Beds \| 3 Baths \| 1620 Sq. Ft.	$2,777,169
25 Galleon St, Marina del Rey, CA 5 Beds \| 1 Baths \| 1550 Sq. Ft.	$2,342,521

Address	Redfin Estimate
21 Fleet St, Marina del Rey, CA 3 Beds \| 3 Baths \| 2751 Sq. Ft.	$2,658,032
24 Fleet St, Marina del Rey, CA 6 Beds \| 4 Baths \| 3042 Sq. Ft.	$2,511,990
6 Fleet St Apt 101, Marina del Rey, CA 4 Beds \| 3 Baths \| 1967 Sq. Ft.	$2,772,642
6 Fleet St Apt 202, Marina del Rey, CA 2 Beds \| 2 Baths \| 1692 Sq. Ft.	$1,997,796
6 Fleet St Apt 302, Marina del Rey, CA 1 Beds \| 1 Baths \| 971 Sq. Ft.	$2,134,805
17 Galleon St, Marina del Rey, CA 3 Beds \| 4 Baths \| 4218 Sq. Ft.	$4,694,439
15 Galleon St Apt 1, Marina del Rey, CA 2 Beds \| 2 Baths \| 1332 Sq. Ft.	$1,560,287

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About this home

Redfin Estimate

Market trends in Marina Peninsula, CA

Sale history for 16 Fleet St

Tax history for 16 Fleet St

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 90292

Home values near 16 Fleet St

More real estate resources