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Marine Bay Apartments is a well-maintained 81-unit multifamily asset located at 3351 Marine Avenue in Gardena, California. Most rents are eligible for an immediate 4.93% increase. Significant (16%) upside in rents, 8.4 x gross and 6.9% cap with existing rents. 10.2% cash on cash return at closing. Built in 1960 and situated on a 1.23-acre parcel, the property features a diverse unit mix of (4) 2BD/1BA units, (31) 1BD/1BA units, and (46) studio units. Interiors offer spacious open floor plans, modern finishes, abundant natural light, updated kitchens and bathrooms, ample closet space, and energy-efficient fixtures. Marine Bay Apartments provides residents with an array of desirable amenities, including: controlled access entry, attractive community pool/sundeck, lush landscaped walkways, on-site laundry facilities, and ample parking. The property also benefits from an in-place RUBS program for water, sewer, gas, electricity and trash service. Marine Bay Apartments is ideally positioned just five miles from Manhattan and Hermosa Beaches, with seamless access to major transportation corridors including the 405,105,110, and 91 freeways. This strategic location provides connectivity to employment hubs across Los Angeles and Orange Counties. Gardena continues to establish itself as a desirable rental market, supported by a central South Bay location, robust transportation infrastructure, and a growing pipeline of residential developments. As Gardena evolves through strategic urban revitalization and housing expansion, Marine Bay Apartments presents investors with a compelling opportunity to acquire a well-maintained asset in a supply-constrained, high-demand submarket with strong fundamentals and long-term growth prospects.

81 Beds ⋅ 83 Baths ⋅ SOLD Status

Marine Bay Apartments is a well-maintained 81-unit multifamily asset located at 3351 Marine Avenue in Gardena, California. Most rents are eligible for an immediate 4.93% increase. Significant (16%) upside in rents, 8.4 x gross and 6.9% cap with existing rents. 10.2% cash on cash return at closing. Built in 1960 and situated on a 1.23-acre parcel, the property features a diverse unit mix of (4) 2BD/1BA units, (31) 1BD/1BA units, and (46) studio units. Interiors offer spacious open floor plans, modern finishes, abundant natural light, updated kitchens and bathrooms, ample closet space, and energy-efficient fixtures. Marine Bay Apartments provides residents with an array of desirable amenities, including: controlled access entry, attractive community pool/sundeck, lush landscaped walkways, on-site laundry facilities, and ample parking. The property also benefits from an in-place RUBS program for water, sewer, gas, electricity and trash service. Marine Bay Apartments is ideally positioned just five miles from Manhattan and Hermosa Beaches, with seamless access to major transportation corridors including the 405,105,110, and 91 freeways. This strategic location provides connectivity to employment hubs across Los Angeles and Orange Counties. Gardena continues to establish itself as a desirable rental market, supported by a central South Bay location, robust transportation infrastructure, and a growing pipeline of residential developments. As Gardena evolves through strategic urban revitalization and housing expansion, Marine Bay Apartments presents investors with a compelling opportunity to acquire a well-maintained asset in a supply-constrained, high-demand submarket with strong fundamentals and long-term growth prospects.

3351 Marine Ave, Gardena

Courtesy of Keller Williams Beverly Hills, Kimberly Roberts Stepp - CA DRE#01251767 Selling Office: .

$970,000

TRI PARK STARTER HOME ON A GREAT STREET. HOME IS LOADED WITH CHARACTER AND CHARM . PROFESSIONALLY LANDSCAPED. OPEN FLOOR PLAN WIT FIREPLACE IN LIVING ROOM. SEPARATE OFFICE IN BACKYARD. OPEN BACKYARD WITH BEAUTIFUL SKY VIEWS.

3 Beds ⋅ 2 Baths ⋅ SOLD Status

TRI PARK STARTER HOME ON A GREAT STREET. HOME IS LOADED WITH CHARACTER AND CHARM . PROFESSIONALLY LANDSCAPED. OPEN FLOOR PLAN WIT FIREPLACE IN LIVING ROOM. SEPARATE OFFICE IN BACKYARD. OPEN BACKYARD WITH BEAUTIFUL SKY VIEWS.

15236 Yukon Ave, Lawndale

Courtesy of Cavanaugh Realtors, Steve Cressman - CA DRE#01136388 Selling Office: .

$970,000

Welcome to 15606 Chadron Avenue, a delightful 3-bedroom, 2-bath home nestled in the highly sought-after El Camino Village neighborhood of Gardena. This charming residence has been thoughtfully updated to blend modern comforts with timeless appeal. Step inside to discover a newly renovated kitchen, complete with sleek finishes and brand-new appliances, including a washer and dryer. The fresh paint and updated flooring give the interiors a bright contemporary feel, making it move-in ready.Outside, the beautifully landscaped grounds offer a serene retreat. Enjoy your morning coffee or host weekend get-togethers on the covered patio, overlooking the lush lawn with space for gardening, play, or relaxation. A long driveway leads to a detached garage, providing ample parking and storage options.Conveniently located near schools, parks, shops, and dining, this home offers both comfort and convenience in a neighborhood known for its friendly charm. Don't miss the chance to make this gem your own!

3 Beds ⋅ 2 Baths ⋅ SOLD Status

Welcome to 15606 Chadron Avenue, a delightful 3-bedroom, 2-bath home nestled in the highly sought-after El Camino Village neighborhood of Gardena. This charming residence has been thoughtfully updated to blend modern comforts with timeless appeal. Step inside to discover a newly renovated kitchen, complete with sleek finishes and brand-new appliances, including a washer and dryer. The fresh paint and updated flooring give the interiors a bright contemporary feel, making it move-in ready.Outside, the beautifully landscaped grounds offer a serene retreat. Enjoy your morning coffee or host weekend get-togethers on the covered patio, overlooking the lush lawn with space for gardening, play, or relaxation. A long driveway leads to a detached garage, providing ample parking and storage options.Conveniently located near schools, parks, shops, and dining, this home offers both comfort and convenience in a neighborhood known for its friendly charm. Don't miss the chance to make this gem your own!

15606 Chadron Ave, Gardena

Courtesy of Compass, Anthony Accardo - CA DRE#01863340 Selling Office: .

$849,999

Welcome to 14911 Flowood Ave., Hawthorne, CA 90250 a truly move-in-ready gem located in one of California's most sought-after neighborhoods. This beautifully maintained home offers three spacious bedrooms, one updated bath, and 1,063 square feet of comfortable, light-filled living space. From the moment you arrive, you'll feel the charm and warmth that make this property stand out. Step inside to discover a well-designed layout perfect for everyday living and entertaining. The inviting interior flows seamlessly into a welcoming backyard retreat, complete with a cozy fire pit, lush grass area, and plenty of room for gatherings, relaxation, or outdoor dining under the California sky. Whether you're a first-time buyer, a growing household, or simply looking for a turnkey home in an exceptional location, this property delivers the ideal blend of comfort, style, and convenience. Don't miss your chance to own in one of the most desirable neighborhoods in all of California. This is the home you've been waiting for move-in ready, beautifully maintained, and full of potential. Schedule your showing today and experience the lifestyle that 14911 Flowood Ave. has to offer!

3 Beds ⋅ 1 Baths ⋅ SOLD Status

Welcome to 14911 Flowood Ave., Hawthorne, CA 90250 a truly move-in-ready gem located in one of California's most sought-after neighborhoods. This beautifully maintained home offers three spacious bedrooms, one updated bath, and 1,063 square feet of comfortable, light-filled living space. From the moment you arrive, you'll feel the charm and warmth that make this property stand out. Step inside to discover a well-designed layout perfect for everyday living and entertaining. The inviting interior flows seamlessly into a welcoming backyard retreat, complete with a cozy fire pit, lush grass area, and plenty of room for gatherings, relaxation, or outdoor dining under the California sky. Whether you're a first-time buyer, a growing household, or simply looking for a turnkey home in an exceptional location, this property delivers the ideal blend of comfort, style, and convenience. Don't miss your chance to own in one of the most desirable neighborhoods in all of California. This is the home you've been waiting for move-in ready, beautifully maintained, and full of potential. Schedule your showing today and experience the lifestyle that 14911 Flowood Ave. has to offer!

14911 Florwood Ave, Hawthorne

Courtesy of ROA California Inc., Jose Amezcua - CA DRE#01945648 Selling Office: .