Investment Overview

Marina Plaza Apartments is an exceptional 36-unit investment opportunity located at 2777 Marina Blvd in the thriving city of San Leandro, California. Situated on a 1.29 acre parcel of land, the subject property was originally constructed in 1968 and has a gross building area of approximately 37,996 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. Additionally, the subject property has undergone significant interior and exterior capital improvements. Select units feature upgrades such as new flooring, blinds/drapes, stainless steel appliances, air conditioning/heating, doors and windows. Marina Plaza Apartments has undergone significant exterior capital improvements such as a roof replacement/repairs, fresh exterior paint, pool improvements, upgraded fencing and security, new cement paving and much more. Marina Plaza Apartments is nestled in Mulford Gardens, a diverse and vibrant neighborhood featuring a mix of residential streets, local businesses, and golf courses, offering a welcoming atmosphere for families and individuals. Its central location provides easy access to transportation and amenities, making it an ideal place to call home. The subject property also provides tenants convenient access to some of the East Bay's most popular attractions such as Lake Chabot Regional Park, Oyster Bay Regional Shoreline, and the Oakland Zoo. The investment appeal of this asset is driven by the San Leandro's strong employment fundamentals and low vacancy levels. With a world class location in the heart of the East Bay, Marina Plaza Apartments presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.