Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3320 Pacific Ave Marina Del Rey, CA 90292-5718

    • Apartment buildings
    • 5,661 SF
    • 0.12 lot acres
    OFF-MARKET
    Last Sale
    Apr 29, 2025
    $3,000,000
    Value Estimations
    $2,875,000
    Show details
    Cap Rate Potential
    3.2%
    Apartment buildings
    Location Intelligence
    Property ID
    US09-8897094
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 3320 Pacific Ave

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    5,661 SF
    Zone code
    LAR3
    Property type
    Apartment buildings
    APN
    4225-004-005
    APU
    4225004005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,875,000
      ML approach
      $2,905,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $2,370,000
      Current use
      RESTAURANT
      $3,685,000
      Change: +56% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,445,000
      Change: +45% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,620,000
      Change: +10% Conversion: Difficult
      MEDICAL BUILDING
      $2,575,000
      Change: +9% Conversion: Moderate
      OFFICE BUILDING
      $2,540,000
      Change: +7% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marina Del Rey
    County
    Los Angeles
    State
    California
    Longitude
    -118.464
    Latitude
    33.9783
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,113
    $285,252
    $221,563
    $506,815
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $455,000
      4,140 SF

      22 Reef St

      APARTMENT HOUSE (5+ UNITS) • 4,140 SF
      22 Reef St, Marina Del Rey, CA 90292-6755
      View Details
    • Value Estimation
      $1,030,000
      159,253 SF

      4500 Via Marina

      APARTMENT HOUSE (5+ UNITS) • 159,253 SF
      4500 Via Marina, Marina Del Rey, CA 90292-7214
      View Details
    • Value Estimation
      $955,000
      189,744 SF

      13273 Fiji Way

      APARTMENT HOUSE (5+ UNITS) • 189,744 SF
      13273 Fiji Way, Marina Del Rey, CA 90292-7090
      View Details
    • Value Estimation
      $365,000
      6,820 SF

      117 Catamaran St

      APARTMENT HOUSE (5+ UNITS) • 6,820 SF
      117 Catamaran St, Marina Del Rey, CA 90292-5765
      View Details
    • Value Estimation
      $625,000
      114,008 SF

      4073 Glencoe Ave

      APARTMENT HOUSE (5+ UNITS) • 114,008 SF
      4073 Glencoe Ave, Marina Del Rey, CA 90292
      View Details
    • Value Estimation by Request
      140,378 SF

      4333 Admiralty Way

      APARTMENT HOUSE (5+ UNITS) • 140,378 SF
      4333 Admiralty Way, Marina Del Rey, CA 90292-5414
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Penthouse Near California Beach

      Ultra-chic penthouse near the beach with no rental restrictions.
      18 Union Jack St, Marina del Rey, CA 90292
      View Details
    • $499,999
      935 SF

      Marina City Club Fixer-Upper

      One-bedroom condo with ocean, mountain, and pond views.
      4265 Marina City Dr, Marina del Rey, CA 90292
      View Details
    • $4,500,000
      5,739 SF

      Marina Del Rey Multifamily Investment

      Five-unit income property near the beach in Marina Del Rey.
      14 Mast St, Marina del Rey, CA 90292
      View Details
    • $3,275,000
      4,416 SF

      Marina del Rey Duplex: Beachside Gem

      Luxury Canal-front Duplex, Prime Location
      131 Fleet St, Marina del Rey, CA 90292
      View Details
    • $11,700,000
      8,000 SF

      Mixed-Use Coastal Property Near Venice Pier

      Mixed-use property with ocean views, residential and commercial spaces.
      3111 Ocean Front Walk, Venice, CA 90292
      View Details
    • $825,000

      Marina City Club Condo

      Two-bedroom condo with ocean and marina views in Marina del Rey.
      4335 S Marina City Dr, Marina del Rey, CA 90292
      View Details

    Similar Nearby for Lease

    • $10,800 /Mo
      1,503 SF

      Oceanfront Condo with Marina Views

      Furnished 3-bedroom condo with ocean views in Marina Del Rey.
      1 Driftwood St, Marina del Rey, CA 90292
      View Details
    • $6,495 /Mo
      992 SF

      Renovated Marina Del Rey Condo

      Furnished 1 bed, 1 bath condo with city and mountain views.
      13700 Marina Pointe Dr, Marina del Rey, CA 90292
      View Details
    • $8,300 /Mo

      Luxury Furnished Corner Unit Rental

      Furnished 2 bed, 2.5 bath corner unit with panoramic views.
      13700 Marina Pointe Dr, Marina del Rey, CA 90292
      View Details
    • $6,495 /Mo
      1,912 SF

      Spacious Townhome in Villa Vallarta

      Stylish 2-bedroom townhome in gated Marina del Rey community.
      4616 Glencoe Ave, Marina del Rey, CA 90292
      View Details
    • $51 SF/Yr
      71,296 SF

      Marina del Rey Executive Offices

      Premium Office Space, 7 Suites Available
      4061 Glencoe Ave, Marina del Rey, CA 90292
      View Details
    • Contact for pricing
      1,200 SF

      Prime Marina del Rey Office Suites

      Three Executive Suites, 600-1200 sq ft.
      712 Washington Blvd, Marina del Rey, CA 90292
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3320 Pacific Ave
    Marina Del Rey, CA 90292-5718
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.