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3351 Marine Avenue, Gardena, CA 90249

Local realty services provided by:CENTURY 21 Fort Bragg Realty
3351 Marine Avenue,Gardena, CA 90249
$13,900,000
  • 81 Beds
  • 83 Baths
  • 37,881 sq. ft.
  • Multi-family
  • Active
Listed by: kimberly roberts stepp, hamid soroudi
Office: keller williams beverly hills
MLS#:25601505
Source:CRMLS

Price summary

  • Price:$13,900,000
  • Price per sq. ft.:$366.94

About this home

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 desirable amenities, including: controlled access entry, attractive community pool/sundeck, lush landscaped walkways, on-site laundry facilities, and ample parking. The property also benefits from an in-place RUBS program for water, sewer, gas, electricity and trash service. Marine Bay Apartments is ideally positioned

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Home facts

  • Year built:1960
  • Listing ID #:25601505
  • Added:151 day(s) ago
  • Updated:December 19, 2025 at 12:14 PM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

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

Finances and disclosures

  • Price:$13,900,000
  • Price per sq. ft.:$366.94
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Fort Bragg Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Fort Bragg Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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