Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

3047 Zanetta Dr 10 Unit Apartment Building $1,650,000 ($165,000/Unit) 5.57% Cap Rate Marina, CA 93933

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Recent capital improvements and interior remodels provide modern comfort and appeal for tenants.
  • The property is only six minutes to Cal State Monterey Bay, a top-ranked regional university.
  • Ideally located just minutes from the beaches of Monterey Bay.

EXECUTIVE SUMMARY

3047 Zanetta Drive is a beautifully upgraded four-plex in the desirable coastal city of Marina, California. Situated on a 7,311 sq. ft. lot, this well-maintained property was built in 1972 and offers a gross building area of approximately 3,465 sq. ft., featuring spacious two-bedroom floor plans. Recent capital improvements and interior remodels provide modern comfort and appeal for tenants. Ideally located just minutes from the beaches of Monterey Bay, residents enjoy easy access to premier shopping, dining, and entertainment including Kohls, Best Buy, REI, and Michaels. The property is only six minutes to Cal State Monterey Bay, a top-ranked regional university. Conveniently positioned between Salinas and Monterey, Marina offers strong rental demand supported by a diverse regional economy centered on education, healthcare, tourism, and agriculture.
Private: Seller will consider concessions requests with offer. Restricted showings; please do not disturb occupants. Agents and serious buyers are encouraged to submit offers contingent upon viewing the interior. For questions or access arrangements, please contact listing agents William Smith or Nancy Nino at (831) 626-2400. Income and Expenses in listing are estimated and variable. More detailed information will become available after 2025 taxes are completed.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,650,000
Price Per Unit $165,000
Sale Type Investment
Cap Rate 5.57%
Gross Rent Multiplier 12.31
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.17 AC
Building Size 3,465 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1972/2024
Parking Ratio 2.31/1,000 SF
Zoning R4

AMENITIES

SITE AMENITIES

  • Recycling
  • Smoke Free

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 $2,674 842
2+1 2 $2,674 904
2+1 3 $2,546 904
2+1 4 $2,550 846

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
032-321-033-000
Land Assessment
$530,604
Improvements Assessment
$887,308
Total Assessment
$1,417,912
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39215766

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 3047 Zanetta Dr, Marina, CA 93933

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}