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11-Unit Apartment Complex in Marina For Sale
3108 Seacrest Ave, Marina, CA 93933
3108 Seacrest Ave
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Property Address:3108 Seacrest Ave. | Marina, CA 93933
EXTREMELY RARE BRAND NEW CONSTRUCTION
Mahoney & Associates is pleased to present for sale 3108 Seacrest Avenue, a brand new, eleven-unit multifamily investment opportunity located in the City of Marina, California. Built in 2025 and delivered in excellent condition, this Class A apartment building represents one of the few opportunities to acquire newly constructed, institutionally finished rental housing in the supply-constrained Monterey Bay coastal market.
PROPERTY DETAILS
Asking Price: $4,395,000
APN:032-201-033
Building Size: ± 6,797 SF
Lot Size: ± 0,584 SF (0.24 Acres)
Investment highlights
Built in 2025 and delivered in excellent condition
Class A apartment building
One of the few opportunities to acquire newly constructed, institutionally finished rental housing in the supply-constrained Monterey Bay coastal market
Lean and predictable operating expense structure with tenants responsible for water, garbage, and PG&E
Eleven (11) on-site parking spaces, offering approximately one space per unit, a meaningful amenity in a coastal submarket where parking is increasingly scarce
Individual utility meters for each unit
For over 40 years Mahoney & Associates have provided the market knowledge and guidance needed to generate superior financial returns for our clients. We specialize in the leasing and sale of retail and industrial properties, office buildings, apartments, hotels/ motels, and land for development. Asset management and consulting services are also provided.We realize that the success we achieve is in direct proportion to the quality and service we provide to the client. We do not take any business for granted, and sincerely appreciate the opportunity to represent you in any and all aspects of commercial real estate.
The information contained herein has either been given to us by the owner of the herein described real property or obtained from sources we consider reliable. However, we do not represent that it is accurate or complete and it should not be relied upon as such. All of the information contained herein is subject to change without notice.
Offered By
Patrick Stafford | Partner | DRE #01857243
Josh Jones | Partner | DRE #01352818
Ryan Edwards | Partner | DRE #01403313
Mahoney & Associates
501 Abrego St.
Monterey, CA 93940
https://www.mahoneycommercial.com/
T: (831)646-1919