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3351 Marine Ave
Gardena, CA 90249
Marine Bay Apartments · Multifamily Property For Sale
·
81 Units
Investment Highlights
- 9.2 x Gross and 6.1% cap with existing rents
- 6.8% cash on cash return at close of escrow
Property Facts
| No. Units | 81 | Building Size | 81,001 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.9/1,000 SF |
| Lot Size | 1.20 AC | ||
| Zoning | R-4 County - Unlimited Residence | ||
| No. Units | 81 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.20 AC |
| Building Size | 81,001 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | R-4 County - Unlimited Residence |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
- Pool
- Gated
- Laundry Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 46 | $1,382 | 296 - 367 |
| 1+1 | 31 | $1,699 | 548 |
| 2+1 | 4 | $1,939 | 750 |
Property Taxes
| Parcel Number | 4071-007-005 | Improvements Assessment | $1,984,217 |
| Land Assessment | $3,946,722 | Total Assessment | $5,930,939 |
Property Taxes
Parcel Number
4071-007-005
Land Assessment
$3,946,722
Improvements Assessment
$1,984,217
Total Assessment
$5,930,939
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