3351 Marine Avenue, Gardena, CA 90249

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3351 Marine Avenue,Gardena, CA 90249
$14,490,000
  • 81 Beds
  • 83 Baths
  • 37,881 sq. ft.
  • Multi-family
  • Active
Listed by:kimberly roberts stepp
Office:keller williams beverly hills
MLS#:25601505
Source:CRMLS

Price summary

  • Price:$14,490,000
  • Price per sq. ft.:$382.51

About this home

Marine Bay Apartments is a well-maintained 81-unit multifamily asset located at 3351 Marine Avenue in Gardena, California. This strong investment opportunity has 9.1 x gross, 6.2% cap and 7.4% cash on cash with the existing rents. 7.6 x gross, 8.3% cap and 13.3% cash on cash with rents at market. A new investor has the opportunity to assume the existing Chase loan of $5,269,000 at a 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

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Home facts

  • Year built:1960
  • Listing ID #:25601505
  • Added:76 day(s) ago
  • Updated:October 08, 2025 at 04:42 AM

Rooms and interior

  • Bedrooms:81
  • Total bathrooms:83
  • Living area:37,881 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1960
  • Building area:37,881 sq. ft.
  • Lot area:1.23 Acres

Finances and disclosures

  • Price:$14,490,000
  • Price per sq. ft.:$382.51
Based on information from California Regional Multiple Listing Service, Inc. as of October 8, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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