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3108 Seacrest AVE Marina, CA 93933
10,585 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82053148
HOA Y/N No
Year Built 2025
Annual Tax Amount $48,345
Lot Size 10,585 Sqft
Property Description
3108 Seacrest Avenue is a brand new eleven-unit apartment complex located in the City of Marina, California. Built in 2025 and delivered in excellent condition, this Class A apartment building represents an extremely unique opportunity to acquire a newly constructed and institutionally finished multifamily investment in the supply-constrained Monterey Bay rental market. Each unit is +/-542 SF, with 8 of the units being one bedroom one bath units, and three being studios. All units feature an open living and kitchen layout, wood imitation vinyl flooring, painted gypsum walls, and tile bathrooms. Ground floor units enjoy private outdoor patios, while second and third floor units have their own decks. Each floor has a dedicated laundry room, generating $5,700 in annual laundry income. The building is served by individual utility meters for each unit, which reduces the owners operating expenses significantly. The property provides eleven (11) on-site parking spaces, including nine (9) surface stalls and two (2) tuck-under spaces, offering approximately one space per unit. The building is walk-up access via staircases on the north and south ends, and includes owner storage, maintenance rooms, and a front server room for building security and alarm systems.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning C-R
Interior
Fireplace No
Exterior
Carport Spaces 2
Roof Type Flat
Total Parking Spaces 9
Building
Water Public
Schools
School District Other
Others
Tax ID 032201033000
Special Listing Condition Standard
Listed by Patrick Stafford Baird Partnership, Inc. #01857243
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