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851 Oxford Avenue, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 2 bed, 1 bath

851 Oxford Avenue, Marina Del Rey, California 90292 home-pic-0
ACTIVE UNDER CONTRACT$1,499,000
851 Oxford Avenue, Marina Del Rey, California 90292
2Beds
1Bath
836Sqft
2,500Lot

Price Vs. Estimate

The estimated value ($1,371,644.425) is $127,355.575 (8%) lower than the list price ($1,499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Ideally situated in the coveted Golden/Oxford Triangle, minutes from Abbot Kinney, the Marina, bike paths, and top dining, offering unparalleled beachside charm and Westside convenience.
Top Cons:
Compact Size: With 836 sqft and a 2500 sqft lot, the property offers limited living space and outdoor area, which may be a consideration for buyers seeking more room.

Compared to the nearby listings

Price:$1.50M vs avg $2.86M ($-1,363,500)14%
Size:836 sqft vs avg 3,194 sqft5%
Price/sqft:$1.8K vs avg $1.1K91%

More Insights

Built in 1958 (67 years old).
Condition: This 1958-built bungalow has undergone significant and recent updates, making it move-in ready. The description highlights a 'fully remodeled bathroom' and 'updated with new windows, central heating, ceiling fans, gas fireplace, full-size washer/dryer.' The images confirm these updates: the bathroom features modern marble-look tiling and a glass shower enclosure, indicative of a contemporary renovation. The kitchen, while not ultra-luxury, presents with modern white cabinetry, light countertops, and a stainless steel refrigerator, suggesting a recent refresh. Hardwood flooring is present in living areas and bedrooms, with modern tile in the kitchen and bathroom. While the property's original build year is old, the extensive renovations to key areas like the kitchen and bathroom, along with major systems, place it firmly in the 'Good' category, as it's well-maintained and requires no immediate renovations, aligning with a property extensively renovated within the last 5-15 years.
Year Built
1958
Close
-
List price
$1.5M
Original List price
$1.52M
Price/Sqft
$1,793
HOA
-
Days on market
-
Sold On
-
MLS number
25584757
Home ConditionGood
Features
Patio
View-

About this home

This quintessential Venice bungalow is the perfect blend of beachside charm and Westside convenience, ideally located in the coveted Golden/Oxford Triangle just minutes from Abbot Kinney, the Marina, bike paths, and some of LA's best dining. Tucked away on a quiet street, the home welcomes you through a gated, sun-filled front yard with lush grass and a spacious deck perfect for entertaining or relaxing. Inside, a charming stone fireplace anchors the living and kitchen area, while the hallway leads to a fully remodeled bathroom and two generously sized bedrooms with wall-to-wall custom closets. The back door opens to a one-car garage and covered carport, offering flexible space for outdoor dining, a lounge area, or future ADU potential. Use as-is for an Airbnb or long-term rental and enjoy immediate investment upside. Updated with new windows, central heating, ceiling fans, gas fireplace, full-size washer/dryer, and abundant storage, this small but mighty home offers everything you need to live beautifully by the beach. Located in the highly rated Coeur d'Alene Elementary School district and walking distance to excellent private schools, this is a rare opportunity in a forever appreciating neighborhood. Please do not disturb Occupants. By appointment only.

Price History

Date
Event
Price
03/27/20
Sold
$1,210,000
04/25/07
Sold
$867,000
Condition Rating
Good
This 1958-built bungalow has undergone significant and recent updates, making it move-in ready. The description highlights a 'fully remodeled bathroom' and 'updated with new windows, central heating, ceiling fans, gas fireplace, full-size washer/dryer.' The images confirm these updates: the bathroom features modern marble-look tiling and a glass shower enclosure, indicative of a contemporary renovation. The kitchen, while not ultra-luxury, presents with modern white cabinetry, light countertops, and a stainless steel refrigerator, suggesting a recent refresh. Hardwood flooring is present in living areas and bedrooms, with modern tile in the kitchen and bathroom. While the property's original build year is old, the extensive renovations to key areas like the kitchen and bathroom, along with major systems, place it firmly in the 'Good' category, as it's well-maintained and requires no immediate renovations, aligning with a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Location: Ideally situated in the coveted Golden/Oxford Triangle, minutes from Abbot Kinney, the Marina, bike paths, and top dining, offering unparalleled beachside charm and Westside convenience.
Extensive Updates: The home features a fully remodeled bathroom, new windows, central heating, ceiling fans, a gas fireplace, and a full-size washer/dryer, providing modern comfort and functionality.
Strong Investment Potential: Explicitly noted for immediate investment upside as an Airbnb or long-term rental, located in a perpetually appreciating neighborhood, and offering future ADU potential with the garage/carport space.
Excellent Outdoor Living: A gated, sun-filled front yard with lush grass and a spacious deck provides an ideal setting for entertaining or relaxation, complemented by a flexible covered carport/garage area.
Top-Rated School District: Located within the highly rated Coeur d'Alene Elementary School district and within walking distance to excellent private schools, appealing to families.

Cons

Compact Size: With 836 sqft and a 2500 sqft lot, the property offers limited living space and outdoor area, which may be a consideration for buyers seeking more room.
No Central Air Conditioning: While equipped with central heating and ceiling fans, the absence of central air conditioning could be a drawback during warmer periods, potentially impacting comfort.
Occupancy Restrictions: The instruction 'Please do not disturb Occupants. By appointment only' indicates current occupancy, which can complicate showing schedules and potentially limit access for thorough inspections.

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