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Six-Unit Beach Apartment Building
For Sale
$5,395,000

3607 Pacific Ave, Marina del Rey, CA 90292

Renovated coastal multifamily property with private outdoor areas, updated kitchens, and dedicated parking for each residence.

Property Size5,634 SF
Days on Market76

Property Features for 3607 Pacific Ave

General Information

Standard status Active
Size 5,634 SF
Total Parking Spaces 7
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6
Parking per Unit 1

Additional Details

Cap Rate 4.75%

Amenities

Six 2 bed / 1 bath units averaging roughly 925 SF, two with extra-large beach-walk patios and four with private roof terraces
Completed soft-story seismic retrofit, gated entry with security cameras, and seven parking spaces (one assigned per unit plus a flex space)
Steps from the sand on the Marina Peninsula, walking distance to the Marina del Rey harbor, the Venice Fishing Pier, and the Venice Canals
European-style kitchens with stainless steel appliances and quartz countertops, with wood flooring throughout
In-unit laundry in four of the six units, with the remaining two planned on natural turnover

Building Details

Building Size 5,634 SF
Buildings 1
Units 6
Listing Agency: Marcus & Millichap - Encino
Listed By: Glen Scher · License #License(s): CA: 01962976
Source: Marcusmillichap
Added: Jun 17 Changed: Aug 30 Last Checked: Aug 30 at 1:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

This six-unit apartment building includes six two-bedroom, one-bath residences arranged across two levels. Two ground-floor units feature oversized private patios with direct access to the beach walk, while four upper residences offer individual roof terraces. Interiors include open layouts, floor-to-ceiling glass, European-style kitchens with stainless steel appliances and quartz countertops, and wood flooring. In-unit laundry is being added throughout the property.

The building has completed a soft-story seismic retrofit, gated entry, and one private parking space for each unit, plus a seventh parking space. Designed by Los Angeles architect Ellis Gelman, the property is located at 3607 Pacific Ave in Marina del Rey, within walking distance of the boat harbor, Venice Fishing Pier, Venice Canals, restaurants, and shops along Washington Boulevard and Abbot Kinney.

Key Highlights

  • Six units, each with 2 bedrooms and 1 bathroom
  • Two ground‑level residences with large private patios and direct beach‑walk access
  • Four upstairs residences, each with a private roof terrace

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Barber Shop Daycare Center Pet Grooming Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,786
Businesses Nearby

Demographics for 90292, CA

27,681
Population
16,878
Households
1.6
Avg Household Size
40
Median Age
73%
College-Educated
97%
High-School Grad
2.1 sq mi
ZIP Area
13,181
Density / Sq Mi
$136,964
Median Household Income
$95,175
Median Earnings
$3,501
Median Rent
$1,233,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated coastal multifamily property with private outdoor areas, updated kitchens, and dedicated parking for each residence.
Where is this apartment building located?
The property is located at 3607 Pacific Ave Marina del Rey, CA.
What is the asking price?
The asking price for this property is $5,395,000.
What are key features of this property?
This property features: Six units, each with 2 bedrooms and 1 bathroom; Two ground‑level residences with large private patios and direct beach‑walk access; Four upstairs residences, each with a private roof terrace
More about this property
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