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.
Iconic long established local diner/restaurant. Traditional contemporary setting for casual dining experience. Opportunity to own and operate your own business.
Marina is located in California. Marina, California has a population of 22,246. Marina is less family-centric than the surrounding county with 31.13% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Marina, California is $78,795. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Marina is 34.9 years.
The average high temperature in July is 68.1 degrees, with an average low temperature in January of 41.3 degrees. The average rainfall is approximately 16.5 inches per year, with 0 inches of snow per year.
