Description
3607 Pacific is a rare six-unit beach offering on the Marina Peninsula, steps from the sand and the iconic Venice Pier. The property features six spacious two-bedroom residences in true pride-of-ownership condition, with private patios or roof terraces, abundant natural light, and one dedicated parking space per unit. A completed soft-story retrofit removes a key barrier for institutional and 1031 buyers, while in-place rents leave meaningful upside through natural turnover and a potential ADU subject to City approvals.
- Steps from the sand on the Marina Peninsula
- Six spacious 2BR / 1BA units in pride-of-ownership condition
- Private patios and roof terraces
- Soft-story retrofit complete
- One dedicated parking space per unit
- Upside through natural turnover and a potential ADU, subject to City approvals
Offering Summary
- Asking Price$5,395,000
- Price PSF$957.58
- Price/Unit$899,167
- Property TypeMultifamily
- Built1964
- Total Acres~0.15 ac
Sale Details
- Cap Rate4.75%
- GRM14.28
- Cash-on-Cash3.50%
Documents
Property Address
3607 Pacific Ave
Marina del Rey, CA 90292
Property Details
- Property TypeMultifamily
- Total Units6
- Year Built1964
Deal Team

Filip Niculete
Senior Managing Director, Investments Senior Managing Director, Investments
Marcus & Millichap CA RE Lic. 01905352


