1 Spinnaker Street 2, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 2 bed, 3 bath
1 Spinnaker Street 2
Marina Del Rey, California 90292
Property Price
SUMMARY
Analysis of 1 Spinnaker Street 2, Marina Del Rey, California 90292 is currently available with a list price of $3,595,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Marina Del Rey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant modern upgrades that deviate from its 1974 construction. Key features include contemporary polished cement flooring, a stone fireplace, and a kitchen updated with granite countertops and stainless steel appliances. While the building age is a factor, the interior finishes and well-maintained en-suite bathrooms indicate an extensive renovation within the 'good' criteria timeframe, requiring no immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Oceanfront Location
The property boasts 30 feet of direct ocean frontage with unobstructed views from Malibu to Catalina and private steps for immediate beach access.
- Exceptional HOA Management
The association is highly stable and well-funded with nearly one million dollars in reserves, providing long-term financial security for homeowners.
- Rare Privacy and Seclusion
The absence of public sidewalks and nearby parking creates a quiet, peaceful atmosphere that is difficult to find in typical Southern California beach communities.
CONSRISKS & DEFICIENCIES
- Building Age
Built in 1974, the structure may require more ongoing maintenance or modern infrastructure updates compared to newer luxury builds in the area.
- High Monthly Carrying Costs
With an HOA fee of $1,033 per month, the recurring costs are substantial and may impact the overall affordability for some prospective buyers.
About 1 Spinnaker Street 2
Welcome to your oceanfront paradise in one of the best funded/managed HOA's in the area (close to a million in reserves!). Enjoy 30 feet of ocean frontage with breathtaking, unobstructed views stretching from Malibu to Catalina. Floor-to-ceiling glass doors open onto a spacious oceanfront balcony, offering direct beach access via private steps to the sand. The absence of continuous sidewalks and nearby parking ensures a peaceful, secluded atmosphere.Designed for seamless indoor-outdoor living, the home features polished cement floors throughout, a step-down living room with a stone fireplace, and a versatile oceanfront great room with space for dining and an office. The kitchen showcases ocean views, stainless steel appliances, and granite countertops.Additional highlights include 2 large en-suite bedrooms, a laundry room, powder room and 3 reserved parking spaces. Perfectly situated for year-round beach walks,dolphin watching, and spectacular sunsets. FULLY FURNISHED AVAILABLE.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 18,540 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1033.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,965 | 1,585 | 79% |
| Lot Size | 18,540 | 39,570 | 37% |
| Price | $3.60M | $1.17M | 99% |
| Price per sq ft | $1.8K | $757 | 97% |
| Built year | 1974 | 1980 | 36% |
| HOA | $1033.0 | $971 | 58% |
| Days on market | 10 | 180 | 1% |
Pricing History
Listed for Sale
Feb 24, 2026
$3,595,000
Initial Listing
Sold
May 10, 2021
$3,495,000
Public Record
Sold
Aug 31, 2007
$2,200,000
Public Record