225 Carmel Ave Marina, CA 93933
Estimated payment $11,979/month
Highlights
- 0.68 Acre Lot
- Washer and Dryer
- Level Lot
- Forced Air Heating System
- Fenced
- Grass Covered Lot
About This Home
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 complement the existing homes or exploring the potential for higher-density redevelopment. Recent improvements include: Newer roof on the main house (2021), new kitchen, dining, and hall flooring in the main house (2025), Fresh exterior paint on all cottages (2024), new ABS sewer line (202324) and several other improvements. Two 2-car garages, plus abundant off-street parking. Close proximity to beaches, shopping, schools, CSUMB, major highways, and outdoor recreation including scenic hiking and biking trails.
Property Details
Home Type
- Multi-Family
Year Built
- 1965
Lot Details
- 0.68 Acre Lot
- Fenced
- Level Lot
- Sprinklers on Timer
- Grass Covered Lot
Parking
- 4 Car Garage
- Uncovered Parking
Home Design
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,349 Sq Ft Home
- 1-Story Property
- Crawl Space
- Washer and Dryer
Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Utilities
- Forced Air Heating System
- Wall Furnace
Listing and Financial Details
- Month-to-Month Lease Term
Community Details
Overview
- 4,349 Sq Ft Building
Building Details
- 4 Leased Units
- Gardener Expense $500
- Insurance Expense $1,892
- Maintenance Expense $1,445
- Other Expense $1,215
- Utility Expense $5,346
- Trash Expense $613
- Operating Expense $31,361
- Gross Income $107,016
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | For Sale | $1,850,000 | -- | $425 / Sq Ft |
Source: MLSListings
MLS Number: ML82015567
APN: 032-192-013
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