Prime Marina Del Rey | 6 Unit Beachfront 3607 Pacific Ave 6 Unit Apartment Building $7,606,087 CAD ($1,267,681 CAD/Unit) 4.75% Cap Rate Marina Del Rey, CA 90292

The LAAA Team at Marcus & Millichap in collaboration with the Erster Group is proud to present Eastwind Apartments, a rare architectural six-unit beach offering located in the heart of Marina del Rey, California, on the highly coveted Marina Peninsula — one of the most supply-constrained and sought-after coastal rental submarkets in Los Angeles. Designed by renowned Los Angeles architect Ellis Gelman, The Eastwind Apartments showcases a timeless contemporary aesthetic that sets it apart from typical coastal multifamily inventory, sitting just steps from the sand on what is widely regarded as the most private and pristine stretch of beach in Los Angeles. Set within a unique beach community, the property is within walking distance of restaurants and shops, the Marina del Rey boat harbor, the Venice Fishing Pier, and the iconic Venice Canals. This is a generational opportunity to acquire a true pride-of-ownership coastal asset that simply cannot be replicated in today’s market.

Building has been well maintained and improved through an extensive capital improvement program, Eastwind is comprised of (6) spacious 2 bed / 1 bath units, configured as two ground-level residences with extraordinarily large private patios offering direct, private access to the beach walk, and four upstairs residences each with its own large private roof terrace. All units have bright, open floor plans framed by floor-to-ceiling, wall-to-wall glass and appointed with modern European-style kitchens featuring stainless steel appliances and quartz countertops, along with wood flooring throughout. The property also benefits from a completed soft-story seismic retrofit, gated entry, one private parking space per unit, and in-unit laundry being added throughout the building. There is a seventh parking space that could be used if an ADU is added. The Eastwind Apartments is delivered in excellent condition.

Eastwind’s location is what makes it truly irreplaceable. Residents enjoy a quiet, intimate beach-community setting within walking distance of the Marina del Rey boat harbor, the Venice Fishing Pier, the iconic Venice Canals, and the restaurants and shops of Washington Boulevard and Abbot Kinney. This is a generational opportunity to acquire a true pride-of-ownership coastal asset that simply cannot be replicated in today’s market.

For investors, the offering pairs a Gelman architectural pedigree and rare beach-walk frontage with a clear path to additional upside: continued mark-to-market on unit turnover, the lease-up of recently renovated units. Positioned on the Marina Peninsula in one of Southern California’s most rent-stable coastal submarkets, The Eastwind Apartments offers sustained tenant demand, durable long-term value, and a quality of asset that properties on this beach simply do not bring to market.