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3351 Marine Avenue, Gardena, CA 90249
Priced at Only: $14,900,000
For more Information Call Mobile: 714.478.6676
Address: 3351 Marine Avenue, Gardena, CA 90249
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  • MLS#: 25533401 ( )
  • Street Address: 3351 Marine Avenue
  • Viewed: 5
  • Price: $14,900,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 24
  • Additional Information
  • County: LOS ANGELES
  • City: Gardena
  • Zipcode: 90249
  • Provided by: Keller Williams Beverly Hills
  • Contact: Kimberly Kimberly
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Marine Bay Apartments is a well maintained 81 unit multifamily asset located at 3351 Marine Avenue in Gardena, California. A new investor has the opportunity to assume the existing Chase loan of $5,269,000 ata favorable fixed interest rate of 3.48% with monthly principal and interest payments of $24,447 until August 1, 2026.Built in 1960 and situated on a 1.23 acre parcel, the property features a diverse unit mix of (4) 2BD/1BA units, (31) 1BD/1BA units, and (46) studio units. Interiors offer spacious open floor plans, modern finishes, abundant natural light, updated kitchens and bathrooms, ample closet space, and energy efficient fixtures. Marine Bay Apartments provides residents with an array of desirable amenities, including: controlled access entry, attractive community pool/sundeck, lush landscaped walkways, on site laundry facilities, and ample parking. The property also benefits from an in place RUBS program for water, sewer, gas, electricity and trash service. Strategic South Bay Location. Marine Bay Apartments is ideally positioned just five miles from Manhattan and Hermosa Beaches, with seamless access to major transportation corridors including the 405,105,110, and 91 freeways. This strategic location provides connectivity to employment hubs across Los Angeles and Orange Counties. Gardena continues to establish itself as a desirable rental market, supported by a central South Bay location, robust transportation infrastructure, and a growing pipeline of residential developments. As Gardena evolves through strategic urban revitalization and housing expansion, Marine Bay Apartments presents investors with a compelling opportunity to acquire a well maintained asset in a supply constrained, high demand submarket with strong fundamentals and long term growth prospects.
Features
Building Area Total
  1. 37881.00
Country
  1. US
Flooring
  1. Laminate
Heating
  1. Wall Furnace
Interior Features
  1. Ceiling Fan(s)
Laundry Features
  1. Community
Levels
  1. Two
Netoperatingincome
  1. 874758.00
Parcel Number
  1. 4071007005
Parking Features
  1. Carport
  2. Covered
Pool Features
  1. In Ground
  2. Community
Security Features
  1. Gated Community
Sourcesystemkey
  1. 25533401:CLAW
Totalexpenses
  1. 647218.00
Year Built
  1. 1960
Zoning
  1. LCR3YY
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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