A Sprawling, Low-Density Campus with ±4,300 Linear Feet of Harbor Frontage –​ Marina Harbor was built on a sprawling, ±26-acre campus with ±4,300 linear feet of marina frontage and a density of just 38 units per acre – something that simply isn’t seen in prime West LA submarkets and unlikely to ever be replicated again.

+$1,000 of Headroom in Rents – Renovated market rate apartments at Marina Harbor are expected to garner a ±$1,000 premium over in-place rents today. ​ In addition, with renewal rent increases prohibited since March 2020 and lease trade-outs averaging +16%, there is also a significant opportunity to burn off existing loss-to-lease as the Covid rent freeze on renewals expires in December 2022.

Family-Owned and Operated since 1978 – The property has been owned and managed by the Ring and Epstein/Levine families since 1978, and is offered for sale for the first time ever, making it truly a once-in-a-generation opportunity to acquire an iconic coastal asset of scale.

Average Household Incomes of $160,000 – The property is home to an affluent demographic with average household incomes of $160,000, representing an income-to-rent ratio of 4.3x. ​ Nearly a quarter of the residents work in the Silicon Beach-dominated industries of media, entertainment & advertising at companies like Hulu, Roku, Netflix, Sony and Riot Games, with another 30% employed in technology/software, financial services and healthcare at companies including Meta, Google, Snapchat, SpaceX, Ernst & Young and Cedar Sinai.

Prime Westside Location Less than 10-mins from Abbot Kinney, Venice Beach, Santa Monica and Major Silicon Beach Employers –​ The property is located just steps from Venice Beach, 5-minutes from Abbot Kinney Boulevard, less than three miles from the Santa Monica Promenade and surrounded by the best retail, dining and nightlife in West LA. It is also located in the heart of LA’s rapidly growing tech hub–Silicon Beach–where major technology and entertainment employers like Riot Games, Google, Facebook, Hulu, Snapchat, Apple and others have a significant presence.