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4265 Marina City Drive 903, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 1 bed, 1 bath

4265 Marina City Drive 903, Marina Del Rey, California 90292 home-pic-0
ACTIVE$599,000
4265 Marina City Drive 903, Marina Del Rey, California 90292
1Bed
1Bath
935Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: The property boasts breathtaking panoramic views of the Oxford basin, stunning sunsets, and enchanting city lights, significantly enhancing its desirability and value.
Top Cons:
Land Lease Structure: The property is subject to a land lease, which can impact financing options, long-term appreciation, and the overall ownership structure compared to traditional fee simple ownership.

Compared to the nearby listings

Price:$599.0K vs avg $1.15M ($-551,000)4%
Size:935 sqft vs avg 1,627 sqft14%
Price/sqft:$641 vs avg $72732%

More Insights

Built in 1972 (53 years old).
Condition: Built in 1972, this condo has undergone a beautiful and extensive renovation, as explicitly stated and visually confirmed by the images. The kitchen features modern custom shaker cabinets, granite countertops, stainless steel appliances, and recessed lighting, all appearing to be in excellent, updated condition. Wood floors are present throughout, and the overall aesthetic is contemporary and move-in ready. While the exact renovation date isn't provided, the quality and style of the updates suggest they are recent, likely within the last 5-15 years, aligning perfectly with the 'Good' condition criteria for a property of this age that has been extensively renovated.
Year Built
1972
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$641
HOA
$958.36
Days on market
-
Sold On
-
MLS number
25611373
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s), Ocean, Panoramic
Patio
ViewCity Lights,Mountain(s),Ocean,Panoramic

About this home

Views, views, views! Experience breathtaking panoramic views from this beautifully renovated one-bedroom, one-bathroom condo. The open kitchen is equipped with custom shaker cabinets, granite countertops, stainless steel appliances, and recessed lighting. Enjoy the convenience of built-in storage and a cozy office nook at the entryway. This home features wood floors, solar shades, a walk-in closet, floor-to-ceiling windows, and a generously-sized patio with a view of the renovated Oxford basin. Witness stunning sunsets and the enchanting city lights from this ready-to-move-in home. The Marina City Club offers an impressive array of amenities, including a spacious executive gym; a variety of fitness classes such as yoga, stretch, cardio, and spinning; three swimming pools; six tennis courts; two paddle tennis courts; three racquetball courts; a restaurant and bar; gourmet market; daytime caf; car wash; beauty salon; and 24-hour security. This home is ideally situated near popular destinations like Abbot Kinney, shopping centers, LAX, and the beach. Property is on a land lease.

Nearby schools

8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•0.4mi
6/10
Short Avenue Elementary School
Public,•K-6•1.3mi
8/10
Playa Del Rey Elementary School
Public,•K-5•2.6mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•1.1mi
2/10
Marina Del Rey Middle School
Public,•6-8•1.8mi
6/10
Venice Senior High School
Public,•9-12•1.2mi
Condition Rating
Good
Built in 1972, this condo has undergone a beautiful and extensive renovation, as explicitly stated and visually confirmed by the images. The kitchen features modern custom shaker cabinets, granite countertops, stainless steel appliances, and recessed lighting, all appearing to be in excellent, updated condition. Wood floors are present throughout, and the overall aesthetic is contemporary and move-in ready. While the exact renovation date isn't provided, the quality and style of the updates suggest they are recent, likely within the last 5-15 years, aligning perfectly with the 'Good' condition criteria for a property of this age that has been extensively renovated.
Pros & Cons

Pros

Panoramic Views: The property boasts breathtaking panoramic views of the Oxford basin, stunning sunsets, and enchanting city lights, significantly enhancing its desirability and value.
Extensive Community Amenities: Residents gain access to the Marina City Club's impressive array of amenities, including a spacious gym, multiple swimming pools, tennis courts, a restaurant, market, and 24-hour security.
Renovated Interior & Modern Kitchen: The condo features a beautifully renovated open kitchen with custom shaker cabinets, granite countertops, stainless steel appliances, and modern finishes like wood floors and floor-to-ceiling windows.
Prime Coastal Location: Ideally situated in Marina Del Rey, offering convenient access to popular destinations such as Abbot Kinney, shopping centers, LAX, and the beach.
Move-in Ready with Functional Features: The home is ready for immediate occupancy, complete with practical built-in storage, a cozy office nook, a walk-in closet, and a generously-sized private patio.

Cons

Land Lease Structure: The property is subject to a land lease, which can impact financing options, long-term appreciation, and the overall ownership structure compared to traditional fee simple ownership.
High Monthly Association Fees: The association fee of $958.36 per month is substantial for a one-bedroom unit, representing a significant recurring cost that impacts affordability and cash flow.
Limited Living Space & Bedroom Count: As a one-bedroom, one-bathroom unit with 935 sqft, the property offers limited living space, which may restrict its appeal to a smaller demographic of potential buyers.

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