4 Jib Street 3, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 2 bed, 3 bath

4 Jib Street 3, Marina Del Rey, California 90292 home-pic-0
ACTIVE$3,250,000
4 Jib Street 3, Marina Del Rey, California 90292
2Beds
3Baths
1,900Sqft
18,295.199Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unrivaled Oceanfront Location & Views: Direct oceanfront positioning on the Marina del Rey Peninsula with stunning panoramic views from Malibu to Catalina, enhancing luxury and desirability.
Top Cons:
Building Age: Constructed in 1971, the property's underlying infrastructure is over 50 years old, which may lead to future maintenance considerations despite recent updates.

Compared to the nearby listings

Price:$3.25M vs avg $1.16M (+$2,095,000)99%
Size:1,900 sqft vs avg 1,629 sqft70%
Price/sqft:$1.7K vs avg $73697%

More Insights

Built in 1971 (54 years old).
Condition: Built in 1971, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features modern stainless steel appliances, shaker-style cabinets with glass inserts, and contemporary countertops and backsplash. Bathrooms showcase updated vanities, fixtures, and finishes. The living areas have clean travertine-style tile flooring and recessed lighting, contributing to a move-in ready condition. The building itself benefits from a new roof as of September 2024, indicating good overall maintenance. While the property lacks central air conditioning, which is a functional consideration, it does not detract from the quality and condition of the existing updated components.
Year Built
1971
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
$1,711
HOA
$650
Days on market
-
Sold On
-
MLS number
TR24207057
Home ConditionGood
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic, Pier, Water
Deck
ViewCatalina, Coastline, Ocean, Panoramic, Pier, Water

About this home

Extremely rare Oceanfront Condo located on the best part of the beach on the Marina del Rey Peninsula featuring 2 bedrooms and 3 bathrooms. This home is the definition of the California Beach Luxury Lifestyle! As you enter you'll be greeted by the stunning sand and ocean views from the spacious living room with a wood-burning fireplace and a large, well-appointed balcony which offers the most peaceful of settings as you look out to the water and views from Malibu to Catalina. From the balcony, you have direct ladder access down to the sand. Off of the living room, you'll find a dining area and an adjacent wet bar. At the front of the unit is the updated kitchen with a breakfast bar, bay window, and stainless steel appliances. On the upper level, you'll enter into the oceanfront primary suite with another well-sized balcony with head-on ocean views. Enjoy the sound of the surf from the primary bedroom and living room. Spa-like bath and walk-in closet complete the primary suite. The secondary bedroom is complete with an adjacent updated bath and private entrance. In-unit washer dryer. Recessed Lighting. Gated garage parking for 3 cars, short distance to local shops and restaurants, and all that the Marina and Venice has to offer. All current assessments are paid including a new roof as of September 2024 in this well-run building. HOA includes Earthquake Insurance and Security Service. One large lockable storage 8' x 8' shed in front of the parking spot and one lockable storage locker located near the entrance to building completes this beautiful home.

Price History

Date
Event
Price
07/31/00
Sold
$740,000
08/28/13
Sold
$1,930,000
03/11/05
Sold
$1,850,000
Condition Rating
Good

Built in 1971, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features modern stainless steel appliances, shaker-style cabinets with glass inserts, and contemporary countertops and backsplash. Bathrooms showcase updated vanities, fixtures, and finishes. The living areas have clean travertine-style tile flooring and recessed lighting, contributing to a move-in ready condition. The building itself benefits from a new roof as of September 2024, indicating good overall maintenance. While the property lacks central air conditioning, which is a functional consideration, it does not detract from the quality and condition of the existing updated components.
Pros & Cons

Pros

Unrivaled Oceanfront Location & Views: Direct oceanfront positioning on the Marina del Rey Peninsula with stunning panoramic views from Malibu to Catalina, enhancing luxury and desirability.
Exclusive Direct Beach Access: Unique direct ladder access from the balcony to the sand, offering unparalleled convenience and a premium beach lifestyle.
Exceptional Parking Capacity: Rare gated garage parking for three vehicles, a significant advantage in a high-density coastal area.
Modernized Interior & Conveniences: Features an updated kitchen with stainless steel appliances, spa-like primary bath, in-unit laundry, and recessed lighting, providing contemporary comfort.
Proactive Building Management & HOA Inclusions: Recent major building upgrades (new roof paid for), paid assessments, and HOA coverage for earthquake insurance and security service ensure peace of mind and financial stability.

Cons

Building Age: Constructed in 1971, the property's underlying infrastructure is over 50 years old, which may lead to future maintenance considerations despite recent updates.
Significant Financial Commitment: The high list price of $3.25 million combined with a substantial $650 monthly HOA fee represents a considerable ongoing financial obligation.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a notable drawback for comfort during warmer periods, especially in a luxury residence.

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