3111 Ocean Front Walk, Marina Del Rey, California 90292, Marina Del Rey, - bed, bath

home-pic
ACTIVE$11,950,000
3111 Ocean Front Walk, Marina Del Rey, California 90292
0Bed
0Bath
8,000Sqft
5,039Lot
Year Built
1992
Close
-
List price
$11.95M
Original List price
$11.95M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SB25229149
Home ConditionExcellent
Features
Excellent View: Coastline, Ocean, Panoramic
ViewCoastline, Ocean, Panoramic

About this home

Welcome to this stunning coastal property located just steps from Venice Pier in one of Los Angeles’s most desirable areas. This iconic mixed-use property blends residential and commercial spaces, offering incredible investment potential. Spanning nearly 8,000 square feet across four levels, the property boasts expansive views, luxurious living, and commercial flexibility. Enjoy 270-degree ocean to city views, Pacific Ocean, Santa Monica mountains, Venice Pier, and the city skyline. At 45 feet tall, each level offers breathtaking panoramic views, providing the perfect backdrop for a dream lifestyle. The ground level features two commercial retail spaces totaling 1,400 square feet, ideal for high-traffic businesses, event rentals, or creative spaces. The second level offers two ocean-view 2-bedroom, 2-bathroom apartments, each nearly 1,400 square feet, combining luxury living with prime real estate investment. At the top, the owner’s penthouse spans 3,800 square feet, with soaring ceilings, an open floor plan, and glass walls framing incredible views from the Santa Monica mountains to the Pacific Ocean. In addition, experience sunrise to sunset views from a unique motorized loft currently being utilized as the primary bedroom. This property offers endless opportunities, whether as a boutique hotel, luxury Airbnb, or residence with office space. With flexible options for residential leasing, commercial ventures, and event hosting, it’s primed for substantial income generation. The property holds the potential for transformation into a consistent income generator. The building includes 11 parking spaces across three garages with private access, adding convenience for tenants, guests, and businesses. Outdoor space is plentiful, ideal for additional lifestyle features or enhancing event-hosting potential. Located on the beach, world-class dining, shopping, and outdoor activities, this property offers an unbeatable coastal lifestyle and provides endless opportunities in one of Los Angeles’s most coveted locations. With its iconic design, breathtaking views, and versatile possibilities, this property stands as one of the most exceptional investment opportunities. Seize the chance to own this coastal gem and unlock its full potential. With its unique blend of luxury, flexibility, and location, this is truly a one-of-a-kind opportunity!

Price History

Date
Event
Price
10/01/25
Listing
$11,950,000
04/04/02
Sold
$2,370,000
Condition Rating
Excellent

Despite being built in 1992, this property has undergone extensive, high-quality modern renovations, particularly evident in the penthouse. The kitchen features custom, contemporary cabinetry, high-end built-in stainless steel appliances, and a unique curved island. The main bathroom is exceptionally stylish with a freestanding tub, large walk-in shower, and custom vanity, all in pristine condition. Flooring throughout the main living areas is modern (hardwood-style and dark tile), and lighting is recessed. The overall aesthetic is luxurious and contemporary, indicating that all key components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Coastal Location: Situated directly on the beach, steps from Venice Pier, this property offers unparalleled access to world-class dining, shopping, and outdoor activities in one of Los Angeles's most desirable areas.
Unrivaled Panoramic Views: Boasts breathtaking 270-degree ocean-to-city views, encompassing the Pacific Ocean, Santa Monica Mountains, Venice Pier, and the city skyline from all four levels.
Exceptional Mixed-Use Versatility: Designed as an iconic mixed-use property with commercial retail, multiple residential apartments, and a penthouse, offering diverse income streams and flexible usage options (e.g., boutique hotel, luxury Airbnb, residence with office).
Substantial Scale & Luxurious Living: Spans nearly 8,000 square feet across four levels, including a 3,800 sqft owner's penthouse with soaring ceilings and an open floor plan, providing expansive and luxurious living spaces.
Ample Private Parking: Features 11 dedicated parking spaces across three private garages, a significant and valuable amenity in a high-density coastal location.

Cons

Complex Management Requirements: The multi-faceted mixed-use nature, combining commercial, residential, and potential event spaces, necessitates sophisticated and potentially costly management.
High Operating Expenses: A large, mixed-use property in a prime coastal location will likely incur substantial property taxes, insurance premiums, and ongoing maintenance costs.
Niche Buyer Profile: The significant investment required ($11.95M) and the specialized mixed-use configuration will appeal to a highly specific and limited pool of high-net-worth investors or owner-operators.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State