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3351 Marine Avenue, Gardena, CA 90249

Gardena
Local realty services provided by:CENTURY 21 Classic Estates
3351 Marine Avenue,Gardena, CA 90249
$13,550,000
  • 81 Beds
  • 83 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: kimberly roberts stepp, hamid soroudi
Office: keller williams beverly hills
MLS#:25601505
Source:CRMLS

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Price summary

  • Price:$13,550,000

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:248 day(s) ago
  • Updated:March 29, 2026 at 06:19 AM

Rooms and interior

  • Bedrooms:81
  • Total bathrooms:83
  • Flooring:Laminate

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1960
  • Levels:2 Story

Finances and disclosures

  • Price:$13,550,000

Features and amenities

  • Amenities:Ceiling Fans
  • Pool features:Community, In Ground

Parking

  • Total parking spaces:72
  • Parking description:Carport, Covered
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