CA > Gardena
Gardena, CA 90249,3351 Marine Ave
Gardena, CA 90249,3351 Marine Ave
Gardena, CA 90249,3351 Marine Ave
Gardena, CA 90249,3351 Marine Ave
Gardena, CA 90249,3351 Marine Ave
Gardena, CA 90249,3351 Marine Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
4
May
Mon
5
May
Tue
6
May
Candice Culen

Candice Culen

+1(877) 976-5348
$ 14,900,000
Est. payment | /mo

81 Beds

83 Baths

37,881 SqFt

Save
$ 14,900,000
Est. payment | /mo
Save

81 Beds

83 Baths

37,881 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 37,881 sqft

Price per Sqft $393

MLS Listing ID 25533401

Bedrooms 81

Year Built 1960

Lot Size 1.234 Acres

Acres 1.2341

Property Sub-Type Multi-Family

Property Description

Marine Bay Apartments is a well-maintained 81-unit multifamily asset located at 3351 Marine Avenue in Gardena, California. A new investor has the opportunity to assume the existing Chase loan of $5,269,000 ata 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 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. While Gardena is not subject to local rent control, the property is governed by California's AB 1482, allowing for annual increases of 5% + CPI -- currently totaling 8.9% in Los Angeles County for the period from August 1, 2024 to July 31, 2025. Strategic South Bay Location. Marine Bay Apartments is ideally positioned just five miles from Manhattan and Hermosa Beaches, with seamless access to major transportation corridors including the 405,105,110, and 91 freeways. This strategic location provides connectivity to employment hubs across Los Angeles and Orange Counties. Gardena continues to establish itself as a desirable rental market, supported by a central South Bay location, robust transportation infrastructure, and a growing pipeline of residential developments. As Gardena evolves through strategic urban revitalization and housing expansion, Marine Bay Apartments presents investors with a compelling opportunity to acquire a well-maintained asset in a supply-constrained, high-demand submarket with strong fundamentals and long-term growth prospects.

Location

State CA

County Los Angeles

Area Bodger Park/El Camino Village

Zoning LCR3YY

Rooms

Other Rooms None

Kitchen Granite Counters

Interior

Heating Wall

Cooling Window Unit(s)

Flooring Laminate

Equipment Ceiling Fan, Range/Oven

Laundry Community

Exterior

Parking Features Carport, Covered Parking

Garage Spaces 72.0

Pool Community, In Ground

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Keller Williams Beverly Hills
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(877) 976-5348

info@yrealtyinc.com

5280 E 2nd St, Long Beach, CA, 90803, USA

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Y Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

3351 Marine Ave