This complex has eight two-bedroom / one-bathroom units with either a deck or an exterior patio.
The current rent per unit averages $2,337month. Market rents are estimated at $2,500.
This complex has a Ratio Utility Billing System (RUBS) in place. The average monthly revenue is $500.
The units have tile flooring, carpeting, and some linoleum.
The kitchens have electric gas stoves and Formica counters. Most kitchens have dishwashers.
The units are heated with electric baseboard heaters.
The complex has one water heater serving all eight units and the laundry washer.
The complex has a community laundry room with leased equipment.
The owner pays for water, sewer, and garbage. Tenants pay their own PG&E, cable, and internet.
The complex has 15 parking spaces, including eight carport spaces.
The complex is estimated at 6,472 square feet. The lot size is 18,296 square feet.
The site is zoned High Density Residential.
Marina & Monterey County Facts:
The Pacific Ocean and Marina State Beach are 2.5 miles from the complex.
Marina offers easy commutes to Salinas, Santa Cruz, the Monterey Peninsula, and Santa Clara County.
The property is a short distance from the shopping, services, schools, and recreation, including hiking, biking, and outdoor activities in Old Fort Ord.
Reservation Road services include several banks, grocery stores, drug stores, and many restaurants.
Retail development off Imjin Road includes Target, WalMart, Best Buy, REI, Trader Joe's, theaters, many restaurants, health care services, and lots of shopping destinations.
The 2021 estimated population of Marina is 22,535, according to the US Census Bureau.
Cal State University Monterey Bay has an enrollment of 8,200 students as of Fall 2025. The CSUMB enrollment increased by 7.5% in the Fall of 2025, which has created increased demand for housing.
CSUMB staff is 1,000+ faculty and staff as of 2025.
The projected future enrollment is 12,700 students.
