4140 Glencoe Avenue 202, Marina Del Rey, California 90292, Marina Del Rey, - bed, bath

home-pic
ACTIVE$999,999
4140 Glencoe Avenue 202, Marina Del Rey, California 90292
2Beds
2Baths
1,000Sqft
39,485Lot
Year Built
2016
Close
-
List price
$1,000K
Original List price
$1.05M
Price/Sqft
-
HOA
$733
Days on market
-
Sold On
-
MLS number
25531983
Home ConditionExcellent
Features
View-

About this home

Experience modern coastal living in the Marina Arts District at this beautifully appointed unit at the coveted X67 Lofts. This stylish residence features an open concept layout with high ceilings, expansive floor-to-ceiling windows that flood the space with natural light, and private balconies ideal for indoor/outdoor living. This unit offers in unit laundry, recessed lights, and central AC/heating. The sleek kitchen is equipped with high grade stainless steel appliances, built-in microwave, custom cabinetry, and a center island with bar stool seating, perfect for entertaining. The primary bedroom offers it's own balcony, walk-in closet, ensuite bath with contemporary finishes, and a spacious modernized bath with a deep soaking tub. Additional highlights include access to premium amenities, a resort-style pool, fitness center, indoor/outdoor lounge areas, a community BBQ, roof top deck, and 24 hour controlled access with a concierge. HOA covers basic building and amenities maintenance, internet, and Direct TV.

Price History

Date
Event
Price
07/06/22
Sold
$988,000
03/29/17
Sold
$690,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (81 Listings)
Beds22
50%
Baths22
50%
Square foot1,0001,598
12%
Lot Size39,485122,529
24%
Price$1,000K$1.15M
34%
Price per square foot$1,000$744
79%
Built year20169900991
100%
HOA$733
17%
Days on market190169
63%
Condition Rating
Excellent

Built in 2016, this property is only 8 years old, fitting the 'built within 10 years' criteria for 'Excellent.' The description highlights a 'sleek kitchen' with 'high grade stainless steel appliances' and 'custom cabinetry,' along with 'modernized bath with contemporary finishes' and a 'deep soaking tub.' Features like recessed lights, central AC/heating, and in-unit laundry further confirm its modern, high-quality condition. The overall impression from the description and implied image evaluation is of a virtually new, well-appointed unit with no deferred maintenance.
Pros & Cons

Pros

Premium Amenities & Services: The property boasts an impressive array of premium amenities including a resort-style pool, fitness center, rooftop deck, and 24-hour controlled access with concierge service, enhancing lifestyle and security.
Modern Design & High-End Finishes: Features an open-concept layout with high ceilings, expansive floor-to-ceiling windows, recessed lighting, and a sleek kitchen equipped with high-grade stainless steel appliances and custom cabinetry.
Desirable Location: Situated in the coveted Marina Arts District of Marina Del Rey, offering modern coastal living and convenient access to local attractions and lifestyle.
Luxurious Primary Suite: The primary bedroom provides a private balcony, a spacious walk-in closet, and a modernized ensuite bath with contemporary finishes and a deep soaking tub, offering a private retreat.
Newer Construction & Essential Comforts: Built in 2016, this unit includes modern conveniences such as in-unit laundry and central AC/heating, ensuring comfort and efficiency.

Cons

High Homeowners Association (HOA) Fees: The monthly HOA fee of $733 is substantial and adds significantly to the overall cost of ownership, which may deter some buyers.
Lack of Views: Despite its coastal location, the property explicitly states 'view: None,' which is a notable disadvantage for a Marina Del Rey residence where water or city views are often expected and highly valued.
Price Point & Market Positioning: The current list price of $999,999, coupled with a recent price reduction from $1,049,000, suggests it may be positioned at the higher end of the market for its size, potentially limiting buyer pool or indicating market resistance.

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