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Port O' Marina Apartments 2727 Marina Blvd 38 Unit Apartment Building For Sale San Leandro, CA 94577
INVESTMENT HIGHLIGHTS
- Value add opportunity for 4 buildings on 1 parcel.
- Off-street covered parking.
- All electric units.
- Major capital upgrades have been completed.
- Swimming pool & on-site laundry facilitiy.
- Attractive San Leandro location with nearby parks & recreational amenities.
EXECUTIVE SUMMARY
PRICE IMPROVEMENT! Newmark is excited to present the Port O’ Marina Apartments, a well-maintained 38-unit community located near the picturesque San Leandro Marina.
This rare offering consists of four apartment buildings on a single parcel, featuring ample off-street covered parking, on-site laundry, a swimming pool, and well-maintained garden courtyards. The property includes 30 spacious one-bedroom units and 8 two-bedroom units, providing a desirable unit mix. Opportunities of this size are rarely available in this sought-after location, which boasts nearby parks, golf courses, bike and walking trails, and a variety of restaurants. With 48 dedicated parking spaces and a recent property inspection and pest report available, this is a prime Value-Add investment opportunity.
Located near the scenic San Leandro Marina, the Port O’ Marina Apartments offer a highly desirable setting just a short walk from shoreline parks, golf courses, dining, and the San Francisco Bay Trail. This prime location provides residents with easy access to the Marina, BART, Highway 880, and Downtown San Leandro, ensuring seamless connectivity throughout the Bay Area. Downtown San Leandro further enhances the appeal with its diverse selection of restaurants, entertainment options, and retail options, making this an ideal place to live.
This rare offering consists of four apartment buildings on a single parcel, featuring ample off-street covered parking, on-site laundry, a swimming pool, and well-maintained garden courtyards. The property includes 30 spacious one-bedroom units and 8 two-bedroom units, providing a desirable unit mix. Opportunities of this size are rarely available in this sought-after location, which boasts nearby parks, golf courses, bike and walking trails, and a variety of restaurants. With 48 dedicated parking spaces and a recent property inspection and pest report available, this is a prime Value-Add investment opportunity.
Located near the scenic San Leandro Marina, the Port O’ Marina Apartments offer a highly desirable setting just a short walk from shoreline parks, golf courses, dining, and the San Francisco Bay Trail. This prime location provides residents with easy access to the Marina, BART, Highway 880, and Downtown San Leandro, ensuring seamless connectivity throughout the Bay Area. Downtown San Leandro further enhances the appeal with its diverse selection of restaurants, entertainment options, and retail options, making this an ideal place to live.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 1.44 AC |
| No. Units | 38 | Building Size | 27,384 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Building Class | C | Parking Ratio | 2.56/1,000 SF |
| Zoning | 7700 - Multiple Residential Building Of 5 Or More Units. | ||
| Sale Type | Investment |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.44 AC |
| Building Size | 27,384 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 2.56/1,000 SF |
| Zoning | 7700 - Multiple Residential Building Of 5 Or More Units. |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Recycling
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 30 | - | 700 |
| 2+1 | 8 | - | 850 |
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Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 79A-565-35-13 | Improvements Assessment | $1,709,073 CAD |
| Land Assessment | $2,440,903 CAD | Total Assessment | $4,169,917 CAD |
PROPERTY TAXES
Parcel Number
79A-565-35-13
Land Assessment
$2,440,903 CAD
Improvements Assessment
$1,709,073 CAD
Total Assessment
$4,169,917 CAD
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Port O' Marina Apartments | 2727 Marina Blvd
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