3047 Zanetta Dr - Apartments FOR SALE


Marina, CA 93933
$1,650,000 USD
3047 Zanetta Dr, Marina, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/7
null | 5.57% Cap Rate

3047 Zanetta Dr
Marina, CA 93933


HIGHLIGHTS

  • Recent capital improvements and interior remodels provide modern comfort and appeal for tenants.
  • Ideally located just minutes from the beaches of Monterey Bay.
  • The property is only six minutes to Cal State Monterey Bay, a top-ranked regional university.

OVERVIEW

3047 Zanetta Drive is a beautifully upgraded four-plex in the desirable coastal city of Marina, California. Situated on a 7,311 sq. ft. lot, this well-maintained property was built in 1972 and offers a gross building area of approximately 3,465 sq. ft., featuring spacious two-bedroom floor plans. Recent capital improvements and interior remodels provide modern comfort and appeal for tenants. Ideally located just minutes from the beaches of Monterey Bay, residents enjoy easy access to premier shopping, dining, and entertainment including Kohls, Best Buy, REI, and Michaels. The property is only six minutes to Cal State Monterey Bay, a top-ranked regional university. Conveniently positioned between Salinas and Monterey, Marina offers strong rental demand supported by a diverse regional economy centered on education, healthcare, tourism, and agriculture. Private: Seller will consider concessions requests with offer. Restricted showings; please do not disturb occupants. Agents and serious buyers are encouraged to submit offers contingent upon viewing the interior. For questions or access arrangements, please contact listing agents William Smith or Nancy Nino at (831) 626-2400. Income and Expenses in listing are estimated and variable. More detailed information will become available after 2025 taxes are completed.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$476 USD /SF

# OF UNITS

10

PRICE/UNIT

$165,000

CAP RATE

5.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,397 SF

ZONING

R4

APN/PARCEL ID

032-321-033-000

ASK ABOUT THIS PROPERTY

William SmithColdwell Banker Commercial RealtyMore Info

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William SmithColdwell Banker Commercial RealtyMore Info

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