3143 Marina Dr
Marina, CA 93933

1 Sqft
Just Reduced! Three homes, One Duplex, and a 871 sq.ft. separate workshop with a 4100 lot/storage space to it all on .927 acres in the heart of Marina and very close to ocean. 6 Units total/all individual metered for gas/water/elec. Tenant pays all. Upside is tremendous yet its priced right at 4,76% CAP for its CURRENT income NOW despite that being approx. 20% below market rents which if raised would provide a 6.05% CAP! The real upside is that it is ZONED R-4 where NEW PROJECT can receive 15-35 UNITS. MARINA HAS NO WATER RESTRICTIONS ON DEVELOPMENT AT THIS TIME. Please respect the homes tenants and kindly DO NOT DISTURB them.
  • Zipcode: 93933
  • Days on Movoto: 28
  • Year Built:
  • HOA:
  • $/Sqft:
  • Lot: 1 Sqft
  • Property Type: Land
  • MLS#: ML81626161
  • MLS:
  • Listing Office: Montgomery Company
  • Listing Broker: Julie Kavanaugh
  • Movoto last checked MLSListings for new data 14 hours ago
  • MLSListings last updated this listing 5 days ago

Property Features for 3143 Marina Dr , Marina

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Real Estate Market Statistics of 3143 Marina Drive , Marina

Marina, California

Total Inventory For Sale

11 Homes

0% m/m 0% y/y

Median List Price


0% m/m +26% y/y

Median Days On Market

46 Days

+4% m/m +39% y/y

Median House Size

1,768 Sqft

0% m/m -1% y/y

Median Price Per Square Foot

$335 /Sqft

0% m/m +24% y/y

Median Price

As of , there are 23 properties listed for sale in ZIP code 93933 and 11 properties listed for sale in the city of Marina, CA. Those 11 properties include 11 single family homes and 0 condos. This property at 3143 Marina Dr in 93933 is currently listed for $1,725,000. This is 188% above the median price of $599,500 for Marina and 188% above the median of $599,500 for 93933. 3143 Marina Dr is approximately — Sqft, which is 100% below the Marina median of 1,768 and 100% below the 93933 ZIP code median of 1,768. This property's price per Sqft is —, which is 100% below the median price in 93933 of $335 and 100% below the Marina median of $335 per square foot.

New Listings in Marina

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156 Hilo Ave, Marina
4 2 1,974
159 Aaron Way, Marina
3 2 1,440
230 Harben Cir, Marina
See New Listings in 93933
This land house is located at 3143 Marina Dr does not come with a parking spot. It is listed on 09/27/2016 for $1,725,000. 3143 Marina Dr is located in the Monterey Peninsula Unified School District. The closest school is Los Arboles Middle School.

3143 Marina Dr has been on the market for 28 days. The median days on the market for properties in this area is 46 with a median list price of $599,500 and median cost per square foot of $335. It's currently listed as active under the MLS #ML81626161.

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