Outrigger Apartment Building Sale Marina Del Rey

Outrigger Street - Marina Del Rey

Sold Price $4,000,000

9 units · 11,894 sqft

Michael Mortimer was the financial analyst and manager of the brokerage team that sold this beautifully maintained 9-unit beachside property, just steps from the Pacific Ocean. He completed all financial analysis and oversaw the marketing, contract negotiation, and escrow process for this property. This was the first time this property had come to market in 30 years and it was sold for full list price to an exchange buyer. The four-story asset was built in 1972 and was renovated in 1982.