Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,325,000
Apartment buildings
3351 Marine Ave Gardena, CA 90249-3954
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8080342
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
37,881 SF
Lot
1.23 ac (53,743 SF)
Zoning code
LCR3YY
APN
4071-007-005
UPID
US09-8080342
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Beach Front Property Mangement, Inc., Gardena- @ Marine Bay Apartments Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.38M
Comparable Approach
Comparable
$16.83M
Blend (final)
Blend
$13.33M
Owner & transaction history
Falcon Ridge Crest LLC
Falcon Ridge Crest LLC
since 2026
Last sale
$13.6M
7 recorded transactions
Zoning & alternative use
LCR3YY · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$18.2M
+6.4%
Medical building
$17.2M
+0.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gardena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardena submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,160,000
6.5%
$9,375,000
7%
$8,710,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$17,110,000
Current use
WAREHOUSE, STORAGE
$18,205,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$17,220,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$15,690,000
Change: -8% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$15,320,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$13.33M
Range $11.99M – $14.66M · ±10% · vs last sale $13.55M (Jan 12 2026)
Last sale anchor
$13.55M
Jan 12 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$352 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$98,082
Tax year 2024
Assessed value
$5,824,906
Assessed 2024
Previous assessed
$5,824,906
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$3,869,336
Assessed improvement
$1,955,570
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
YES
Units
81
Bathrooms
83
Total area
37,881 SF
Lot
1.23 ac (53,743 SF)
Zoning code
LCR3YY
APN
4071-007-005
UPID
US09-8080342
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3YY · Gardena, CA
Zoning LCR3YY · permitted uses
LCR3YY · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$17.1M
WAREHOUSE, STORAGE
Est. value
$18.2M
MEDICAL BUILDING
Est. value
$17.2M
COMMERCIAL (GENERAL)
Est. value
$15.7M
INDUSTRIAL (GENERAL)
Est. value
$15.3M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
81
Bathrooms
83
Lot
1.23 ac
Current owner
From public records · entity-resolved
Falcon Ridge Crest LLC
Entity
Mailing address
1212 LONG BCH BLVD, LONG BEACH, CA 90813-3225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
$13,550,000
Falcon Ridge Crest LLC
Marine Avenue 3351 LLC
Grant Deed
$1,000,000 · Jpmorgan Chase Bank NA
Jul 29, 2016
—
Marine Avenue 3351 LLC
—
Deed
related
$5,425,000 · Jpmorgan Chase Bank NA
Aug 23, 2002
$4,095,000
Marine Avenue-3351
3351 Marine Gp
Grant Deed
related
$2,866,500 · Financial Inst Partners Mtg
Apr 22, 1998
—
3351 Marine LLC
Half Moon N2 Assoc,
Quit Claim Deed
related
—
Jun 7, 1996
$1,450,000
Half Moon N2 Associates LP
Perez,felicitas
Trustees Deed
—
Feb 9, 1996
$10,000
Wfs (republic) INC
Perez,felicitas
Grant Deed
related
$75,000 · Coldwell Banker Archuleta Code
Dec 29, 1992
$2,150,000
Felicitas Perez
Western Fed S&l
Grant Deed
$1,780,000 · Seller
Dec 4, 1992
—
Western Federal Savings
—
Deed Of Trust
related
—
Sep 30, 1992
$1,720,000
Fed Natl Mtg Assn
Kudo,david
Trustees Deed
related
—
May 7, 1992
$350,000
Equitable Mtg Co
Kudo,david
Trustees Deed
related
—
Feb 11, 1991
$10,000
David Kudo
Ishizuka Yasuhir
Quit Claim Deed
related
—
—
—
3351 Marine LLC
—
Deed Of Trust
related
$2,170,000 · Washington Mutual Fsb
—
—
3351 Marine LLC
—
Deed Of Trust
related
$1,400,000 · Quaker City Federal S & L
—
—
Marine Avenue-3351 LLC
—
Deed Of Trust
related
$2,753,000 · Greystone Servicing Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3351 Marine Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
