2727 Marina Blvd - Apartments FOR SALE


San Leandro, CA 94577- Mulford Gardens
$8,800,000 USD
510-300-0218
2727 Marina Blvd, San Leandro, CA for Sale
$8,800,000 USD
Apartments - FOR SALE
1/3
null | 5.89% Cap Rate

2727 Marina Blvd
San Leandro, CA 94577
Mulford Gardens


HIGHLIGHTS

  • Value add opportunity for 4 buildings on 1 parcel.
  • Major capital upgrades have been completed.
  • Off-street covered parking.
  • Swimming pool & on-site laundry facilitiy.
  • All electric units.
  • Attractive San Leandro location with nearby parks & recreational amenities.

OVERVIEW

PRICE IMPROVEMENT! Newmark is excited to present the Port O’ Marina Apartments, a well-maintained 38-unit community located near the picturesque San Leandro Marina. This rare offering consists of four apartment buildings on a single parcel, featuring ample off-street covered parking, on-site laundry, a swimming pool, and well-maintained garden courtyards. The property includes 30 spacious one-bedroom units and 8 two-bedroom units, providing a desirable unit mix. Opportunities of this size are rarely available in this sought-after location, which boasts nearby parks, golf courses, bike and walking trails, and a variety of restaurants. With 48 dedicated parking spaces and a recent property inspection and pest report available, this is a prime Value-Add investment opportunity. Located near the scenic San Leandro Marina, the Port O’ Marina Apartments offer a highly desirable setting just a short walk from shoreline parks, golf courses, dining, and the San Francisco Bay Trail. This prime location provides residents with easy access to the Marina, BART, Highway 880, and Downtown San Leandro, ensuring seamless connectivity throughout the Bay Area. Downtown San Leandro further enhances the appeal with its diverse selection of restaurants, entertainment options, and retail options, making this an ideal place to live.

FOR SALE DETAILS

PRICE

$8,800,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

38

PRICE/UNIT

$231,579

CAP RATE

5.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Port O Marina

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,670 SF

ZONING

7700

APN/PARCEL ID

79A-565-35-13

ASK ABOUT THIS PROPERTY

Tom LimonNewmarkMore Info
510-300-0218

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Tom LimonNewmarkMore Info
510-300-0218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.