This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

225 Mcculloch Cir

6 Unit Apartment Building $1,995,000 ($332,500/Unit) 4.85% Cap Rate Marina, CA 93933

INVESTMENT HIGHLIGHTS

  • All Units are ground floor and single level
  • Close to Amenities and public transportation
  • Individually fenced and private backyard per unit

EXECUTIVE SUMMARY

Well-maintained single-level 6-unit apartment complex in a prime Marina neighborhood, just minutes from the beach and shopping. Each of the six spacious units features 2 bedrooms and 1 bathroom, offering comfortable living spaces. The property includes private, fenced backyards for each unit, providing an ideal outdoor area for tenants. Additional conveniences include a shared laundry room and plenty of parking. Recent updates, including fresh paint and new windows, enhance the property's appeal. With its unbeatable location, great amenities, and strong rental potential, this is a fantastic investment opportunity.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,995,000
Price Per Unit $332,500
Sale Type Investment
Cap Rate 4.85%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.57 AC
Building Size 5,075 SF
No. Stories 1
Year Built 1965
Parking Ratio 1.58/1,000 SF
Cross Streets Michael Dr

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Yard
  • Smoke Free

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 $1,985 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
032-031-035-000
Land Assessment
$241,612
Improvements Assessment
$349,930
Total Assessment
$591,542
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024

ZONING

Zoning Code R4
R4
  • Listing ID: 34620958

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 225 Mcculloch Cir, Marina, CA 93933

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}