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3351 Marine Ave Gardena, CA 90249

Sponsored
For Sale
Pending
$13,900,000

MULTI_FAMILY - Gardena, CA

Property size:
37,881 SF
Lot size:
1.23 Acres
Days on Market:
9
Last Refresh:
Jan 5 at 2:06 pm

Property Features for 3351 Marine Ave

General Information

Special listing conditions
Standard
Property type
Residential Multi Family
Property subtype
Other
TransactionType
Standard
Standard status
Pending
Zoning
LCR3YY
Rooms
Bathroom 38, Bathroom 57, Bathroom 26, Bedroom 69, Bathroom 55, Bathroom 6, Bathroom 22, Bedroom 39, Bathroom 8, Bedroom 54, Bathroom 11, Bathroom 59, Bathroom 67, Bathroom 78, Bathroom 52, Bedroom 79, Bedroom 71, Bedroom 62, Bedroom 42, Bedroom 36, Bedroom 35, Bathroom 9, Bathroom 76, Bathroom 40, Bedroom 13, Bathroom 41, Bathroom 43, Bathroom 30, Bedroom 25, Bedroom 40, Bathroom 3, Bedroom 8, Bathroom 54, Bedroom 10, Bathroom 73, Bathroom 21, Bathroom 44, Bedroom 55, Bedroom 48, Bathroom 32, Bedroom 44, Bathroom 37, Bathroom 36, Bedroom 15, Bathroom 5, Bathroom 68, Bedroom 63, Bathroom 13, Bathroom 2, Bathroom 29, Bathroom 49, Bedroom 81, Bedroom 57, Bedroom 11, Bathroom 15, Bedroom 31, Bedroom 45, Bedroom 61, Bedroom 67, Bathroom 50, Bedroom 52, Bedroom 14, Bedroom 19, Bathroom 80, Bedroom 51, Bathroom 12, Bedroom 65, Bathroom 83, Bedroom 59, Bedroom 22, Bathroom 25, Bathroom 71, Bathroom 53, Bedroom 5, Bedroom 76, Bathroom 58, Bathroom 64, Bathroom 61, Bedroom 74, Bathroom 81, Bathroom 66, Bathroom 79, Bedroom 58, Bedroom 34, Bathroom 48, Bedroom 3, Bathroom 39, Bedroom 53, Bathroom 56, Bedroom 70, Bathroom 70, Bathroom 77, Bathroom 19, Bedroom 33, Bathroom 65, Bedroom 80, Bathroom 82, Bathroom 24, Bedroom 78, Bedroom 29, Bathroom 16, Bathroom 75, Bedroom 12, Bedroom 6, Bedroom 4, Bathroom 18, Bedroom 1, Bathroom 33, Bathroom 28, Bathroom 34, Bedroom 26, Bedroom 20, Bedroom 77, Bathroom 14, Bathroom 42, Bathroom 47, Bathroom 23, Bedroom 47, Bedroom 16, Bedroom 23, Bedroom 66, Bedroom 73, Bedroom 18, Bathroom 20, Bedroom 75, Bathroom 72, Bedroom 56, Bathroom 10, Bathroom 27, Bathroom 63, Bedroom 30, Bedroom 7, Bedroom 17, Bedroom 32, Bathroom 60, Bedroom 21, Bathroom 31, Bedroom 43, Bathroom 17, Bedroom 68, Bathroom 51, Bedroom 50, Bathroom 46, Bedroom 64, Bedroom 60, Bedroom 9, Bedroom 46, Bathroom 4, Bedroom 28, Bedroom 49, Bedroom 24, Bathroom 62, Bedroom 27, Bathroom 1, Bathroom 69, Bathroom 7, Bedroom 38, Bedroom 37, Bathroom 74, Bathroom 45, Bedroom 41, Bedroom 2, Bedroom 72, Bathroom 35
Bedrooms
81
Bathrooms
83
APN
4071-007-005
Parking
72
Parking features
Carport, Covered
Size
37,881 SF
Lot size
1.23 Acres

Utilities

Cooling system
Window Unit(s)

Building Details

Year built
1960
Floors in Building
2
Number of units
81
Flooring type
Laminate

KELLER WILLIAMS BEVERLY HILLS REALTY (310) 432-6400 [email protected]

Listing agent Kimberly Roberts Stepp (310) 432-6400 License #01251767

Listing date Dec 28, 2025

Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained Multifamily Asset in Gardena

The Marine Bay Apartments, located at 3351 Marine Avenue in Gardena, California, is an 81-unit multifamily property constructed in 1960. Situated on a 1.23-acre parcel, the property features a unit mix of four 2-bedroom/1-bathroom units, thirty-one 1-bedroom/1-bathroom units, and forty-six studio units. The property benefits from an in-place RUBS program for water, sewer, gas, electricity and trash service. Interiors offer spacious open floor plans, modern finishes, abundant natural light, updated kitchens and bathrooms, ample closet space, and energy-efficient fixtures. Residents have access to amenities including controlled access entry, a community pool and sundeck, landscaped walkways, on-site laundry facilities, and ample parking. The property is located five miles from Manhattan and Hermosa Beaches, with access to the 405, 105, 110, and 91 freeways, providing connectivity to employment hubs across Los Angeles and Orange Counties. The property is located in a desirable rental market with robust transportation infrastructure and a growing pipeline of residential developments. The property presents investors with an opportunity to acquire a well-maintained asset in a supply-constrained, high-demand submarket with strong fundamentals and long-term growth prospects. Most rents are eligible for an immediate 4.93% increase, with significant (16%) upside in rents.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Beach Front Property ... Property Management Company

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Gardena
County
Los Angeles
State
California
Longitude
-118.332465
Latitude
33.895463

FAQs

What type of property is this?
Apartment building - 81-unit apartment complex with upside potential in Gardena, CA.
Where is this apartment building located?
The property is located at 3351 Marine Ave Gardena, CA.
What is the asking price?
The asking price for this property is $13,900,000.
What are key features of this property?
This property features: - Significant (16%) upside in rents with 8.4 x gross and 6.9% cap with existing rents.; - Immediate 4.93% rent increase eligibility for most units.; - Desirable amenities including controlled access entry, community pool/sundeck, on-site laundry, and ample parking.
More about this property
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