3116 Stanford Avenue, Marina Del Rey, California 90292, Marina Del Rey, - bed, bath

home-pic
ACTIVE$2,099,000
3116 Stanford Avenue, Marina Del Rey, California 90292
5Beds
5Baths
3,297Sqft
4,017Lot
Year Built
1927
Close
-
List price
$2.1M
Original List price
$2.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25549121
Home ConditionGood
Features
View-

About this home

Rare Opportunity in Marina del Rey's Oxford Triangle to create your dream home with RTI Plans for permitted ADU & Major Remodel for a beautifully reimagined Spanish-style residence, blending timeless architectural charm with modern upgrades. The plans include a thoughtful layout designed with 5 bedrooms and 4.5 bathrooms, with four bedrooms upstairs, including a large primary suite that spans the entire width of the second floor, and one guest bedroom with en-suite bath downstairs. Wisely drafted with functional spaces and ample storage, this property lends itself to any lifestyle. This home seamlessly transitions from outside to indoors, while maintaining defined spaces, such as the 1br/1ba ADU with rooftop deck. Whether you're an end user or an investor looking for a shovel-ready project, this is an exceptional opportunity to create something special in one of the area's most desirable neighborhoods, the Oxford Triangle. Please note, the house will be RTI but the ADU drawings will be fully complete and ready to submit. The total sf between the house (2,691) and ADU (606) is 3,297 sf.

Price History

Date
Event
Price
02/25/25
Sold
$1,600,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (17 Listings)
Beds53
89%
Baths54
72%
Square foot3,2973,277
50%
Lot Size4,0174,216
44%
Price$2.1M$2.67M
33%
Price per square foot$637$1,158.5
11%
Built year19279865991
6%
HOA
Days on market152157
50%
Condition Rating
Good

The listing describes RTI plans for a major remodel and ADU, suggesting the existing structure is being significantly updated. The description mentions a reimagined Spanish-style residence with modern upgrades. While the house was built in 1927, the plans indicate a substantial renovation, bringing it closer to a 'good' condition. The image shows a modern exterior, implying significant updates are planned or underway.
Pros & Cons

Pros

RTI Plans for ADU & Major Remodel: The property comes with 'Ready to Issue' (RTI) plans for a permitted Accessory Dwelling Unit (ADU) and a major remodel, saving significant time and expense in the development process.
Desirable Location: Located in the Oxford Triangle of Marina Del Rey, one of the area's most sought-after neighborhoods, offering high desirability and potential for appreciation.
Spanish-Style Architecture: The property is designed as a Spanish-style residence, blending timeless architectural charm with modern upgrades, appealing to buyers seeking character and style.
Functional Layout: The planned layout includes 5 bedrooms and 4.5 bathrooms, with functional spaces and ample storage, catering to various lifestyle needs.
ADU Potential: The inclusion of a 1br/1ba ADU with a rooftop deck provides additional income potential or space for guests/family, increasing the property's versatility.

Cons

Construction Required: The property requires construction to realize the planned remodel and ADU, involving time, cost, and potential challenges during the building process.
Year Built: Built in 1927, the original structure may present unforeseen issues or require updates to meet modern building codes and standards.
Price Point: At $2,099,000, the price point may be considered high, especially considering the additional investment required for the remodel and ADU construction.

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