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Listed by: Kimberly Roberts Stepp DRE #01251767, Hamid Soroudi DRE #00708618 | Keller Williams Beverly Hills (310) 432-6400
$13,900,000
81 Beds
83 Baths
37,881sqft
3351 Marine Ave, Gardena, CA 90249
$13,900,000
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Multi Family
Built in 1960
$-- HOA
1.23 acres lot
$367/sq.ft
Description
Marine Bay Apartments is a well-maintained 81-unit multifamily asset located at 3351 Marine Avenue in Gardena, California. Most rents are eligible for an immediate 4.93% increase. Significant (16%) upside in rents, 8.4 x gross and 6.9% cap with existing rents. 10.2% cash on cash return at closing. 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 ...
Continue Reading- Houzeo last checked: 18 Minutes ago
- Listing updated: November 24, 2025 at 6:03 pm
- Source: California Regional MLS-CA | MLS#: 25601505
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
37,881 sqft
Lot Size
1.23 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25601505
MLS Status
Active
Days on Market
72
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