3351 Marine Ave | Gardena, CA 90249
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3351 Marine Ave
Gardena, CA 90249
Marine Bay Apartments · Multifamily Property For Sale
·
81 Units
Investment Highlights
- 8.4 x Gross | 6.9% Cap Rate at Current Rents
- 10.2% Cash-on-Cash Return at Current Rents; 16.4% Cash-on-Cash Return with Rents at Market
- Most Rents Eligible for Immediate 4.93% Increase
- 7.3 x Gross | 8.7% Cap Rate at Market Rents
- Only 171,605 Per Unit
- Swimming Pool, Lush Landscaped Walkways, On-Site Laundry Facilities, Ample Parking
Property Facts
| No. Units | 81 | Building Size | 37,881 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 | 37,881 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 | $1,344 | 296 - 367 |
| 1+1 | 31 | $1,635 | 548 |
| 2+1 | 4 | $1,941 | 950 |
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
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
