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Marina, CA Multifamily Home for Sale

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    $1,850,000

    • 9 Beds
    • 5 Baths
    • 4,349 Sq Ft

    225 Carmel Ave, Marina, CA 93933

    Well maintained long-time family-owned income property in the heart of Marina. Situated on an expansive 29,794 sq. ft. multifamily residential lot. The property features four individual homes: a spacious 1,750 sq. ft. 3-bedroom, 2-bath main house and three charming 2-bedroom, 1-bath cottages. The multi-residential zoning allows for flexible development options whether it's adding multiple ADUs to

    Chris Barre Sotheby’s International Realty

    225 Carmel Ave, Marina, CA 93933

Why Live in Marina

Marina, California, located along Highway 1 on the Central Coast, is a small city with a rich military history, once home to Fort Ord. Now, it serves as a commuter town for nearby Carmel and Monterey, located just 9 miles north. The area is growing with new subdivisions and retail stores, supported by an urban improvement plan. Marina’s bayside location offers ample things to do, including outdoor recreation at Fort Ord Dunes State Park, which spans 1,000 acres with 4 miles of shoreline and hiking trails. Marina State Beach is popular for kite flying, surfing, and hang gliding due to its intense winds. The city also hosts several annual community events, such as a Labor Day parade and a Holiday Tree Lighting. Shopping and dining options have expanded, with The Dunes on Monterey Bay-Retail Center featuring big box stores and a movie theatre, while Marina Square Shopping Center offers locally owned restaurants. The Monterey Peninsula Unified School District serves the area with schools rated as above average, and California State University at Monterey Bay provides higher education opportunities. Marina remains safer than the national average, with property crime rates decreasing annually since 2022. Marina’s proximity to Highway 1 allows easy access to Monterey, Salinas, and San Jose, with local bus services connecting nearby municipalities. The city’s mild weather, though windy, adds to its coastal charm, making it a practical and appealing place to live.

Home Trends in Marina, CA

Housing Trends

Median Sale Price
$987,500
Median Single Family Sale Price
$1,225,000
Average Price Per Sq Ft
$529
Number of Homes for Sale
2
Last 12 months Home Sales
106
Months of Supply
0.20
Median List Price
$1,080,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%
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