This Property is no longer advertised on Showcase.com.
Off Market
1/14

3351 Marine Ave
Gardena, CA 90249


HIGHLIGHTS

  • 8.4 x Gross | 6.9% Cap Rate at Current Rents
  • 7.3 x Gross | 8.7% Cap Rate at Market Rents
  • 10.2% Cash-on-Cash Return at Current Rents; 16.4% Cash-on-Cash Return with Rents at Market
  • Only 171,605 Per Unit
  • Most Rents Eligible for Immediate 4.93% Increase
  • Swimming Pool, Lush Landscaped Walkways, On-Site Laundry Facilities, Ample Parking

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

Marine Bay Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

37881

STORIES

2

YEAR BUILT

1960

PARKING SPACES

72

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4071-007-005