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Scott D. Comstock

scott@homesandwealth.com +1(559) 681-9500

Listed by Patrick Stafford • Baird Partnership, Inc., DRE#01857243

$ 4,395,000

Est. payment | -/mo

1 Bed

2 Baths

6,797 SqFt

Save

$ 4,395,000

Est. payment | -/mo

Save

1 Bed

2 Baths

6,797 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,797 sqft

Price per Sqft $646

MLS Listing ID ML82053148

Bedrooms 1

Full Baths 2

Year Built 2025

Lot Size 10,584 Sqft

Property Sub-Type Five or More Units

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 Seacrest/Mortimer

Zoning C-R

Interior

Heating Other

Cooling Other

Exterior

Parking Features Off-Street Parking

Utilities Available Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Other

Tax ID 032-201-033-000

Security Features Other

Special Listing Condition Not Applicable

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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3108 Seacrest AVE Marina, CA 93933