33 Reef Street 5, Marina Del Rey, California 90292, Marina Del Rey, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,595,000
33 Reef Street 5, Marina Del Rey, California 90292
3Beds
3Baths
1,631Sqft
8,371Lot
Year Built
1973
Close
-
List price
$1.59M
Original List price
$1.83M
Price/Sqft
-
HOA
$733.33
Days on market
-
Sold On
-
MLS number
25579643
Home ConditionExcellent
Features
Excellent View: Coastline, Ocean
Deck
ViewCoastline, Ocean

About this home

Elegant Top-Floor Residence on the Marina Peninsula! Experience coastal living at its finest in this stunning 3-bedroom, 3-bathroom top-floor home on the coveted Marina Peninsula. Updated with elegant, clean finishes throughout, this residence combines modern style with the ultimate beachside lifestyle. The open living room and kitchen are framed by soaring high ceilings and natural light, flowing seamlessly to a private balcony perfect for enjoying ocean breezes. The gourmet kitchen features sleek finishes and effortless connection to the main living area, creating an ideal space for entertaining or everyday comfort. A private roof deck crowns the home, showcasing panoramic ocean views. You can watch sailing races and boats entering the marina, just moments from the sand, this retreat offers both serenity and vibrancy enjoy morning walks along the beach, or stroll to nearby restaurants and coffee shops on Washington Boulevard. With three spacious bedrooms and three well-appointed bathrooms, this residence provides the perfect blend of comfort, luxury, and location. Whether hosting on the roof deck at sunset or enjoying the calm of your light-filled living room, this home captures the very best of Marina del Rey living.

Price History

Date
Event
Price
10/04/25
Price Change
$1,595,000-13.1%
09/05/25
Listing
$1,835,000
09/23/94
Sold
$325,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (81 Listings)
Beds32
80%
Baths32
65%
Square foot1,6311,620
51%
Lot Size8,371122,529
6%
Price$1.59M$1.15M
83%
Price per square foot$978$744
79%
Built year19739900990
24%
HOA$733.33
18%
Days on market61168
6%
Condition Rating
Excellent

Despite being built in 1973, this property has undergone an extensive and recent renovation, as stated in the description ('Updated with elegant, clean finishes throughout'). The kitchen features modern white shaker cabinets, sleek light countertops, and new stainless steel appliances, including a gas range, dishwasher, and refrigerator, all indicative of a high-quality, recent update. The main living areas boast new hardwood flooring, modern light fixtures, and a fresh, bright aesthetic with high ceilings and exposed beams. The bathroom, while featuring a classic white subway tile and vanity, is impeccably clean, well-maintained, and updated with modern fixtures, meeting current quality standards. The overall condition suggests minimal physical depreciation and a move-in ready state with virtually new components in key areas.
Pros & Cons

Pros

Prime Coastal Location: Situated on the coveted Marina Peninsula, offering unparalleled coastal living just moments from the sand, restaurants, and coffee shops.
Panoramic Ocean Views & Private Roof Deck: Features a private roof deck with panoramic ocean views, ideal for watching sailing races and enjoying the vibrant marina activity.
Modern & Updated Interior: Recently updated with elegant, clean finishes throughout, including a gourmet kitchen, providing a move-in ready modern aesthetic.
Top-Floor with Architectural Features: As a top-floor residence, it benefits from soaring high ceilings, abundant natural light, and enhanced privacy.
Spacious 3-Bedroom, 3-Bathroom Layout: Offers a generous layout with three spacious bedrooms and three well-appointed bathrooms, suitable for comfort and luxury living.

Cons

High Monthly Association Fee: The monthly association fee of $733.33 is substantial and adds a significant ongoing cost to homeownership.
Building Age: Constructed in 1973, the building is over 50 years old, which may lead to concerns about aging infrastructure or potential future maintenance costs.
Recent Price Reduction: A notable price reduction from $1.835M to $1.595M suggests potential market resistance or initial overpricing, which could impact future appreciation.

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