- This complex has six two-bedroom / one-bathroom units each with their own private backyard.
- Recent improvements include:
Vinyl dual pane windows and sliding glass doors – 2011
Fiberglass front doors – 2011
A new main water line from the street to the complex -2021
Units 9, 10, & 11 water lines were replaced with pex– 2021
Two new gas wall furnaces – 2021
Four new gas stoves – 2021 & 2022
Four new refrigerators – 2021 & 2022
Two new water heaters – 2021 & 2022
All bathrooms have been remodeled in the last ten years, except # 8
Unit 11 kitchen was completely remodeled in 2022
New clothes washer – 2022
- The current rent per unit averages $1,880/month. Market rents are estimated at $2,450.
- The units have tile flooring, carpeting, and some linoleum.
- The kitchens have natural gas stoves and tile counters.
- The units are heated with natural gas wall furnaces.
- Each unit has a natural gas water heater inside the unit, except for Unit 10.
- Unit 10 is the largest, and has a fireplace.
- The complex has a community laundry room with landlord-owned equipment. There are six storage lockers.
- The owner pays for water, sewer, and garbage. Tenants pay their own PG&E, hot water, cable, and internet.
- The complex is estimated at 4,500 square feet. The lot size is 28,289 square feet.
- The site is zoned R-4, which allows for 15+ units per acre.
- The investor may potentially add three plus units to this site.
- Please check with the Marina Community Development office to verify potential development options.
