1046 Princeton Drive 201, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 2 bed, 2 bath

1046 Princeton Drive 201, Marina Del Rey, California 90292 home-pic-0
ACTIVE$1,298,000
1046 Princeton Drive 201, Marina Del Rey, California 90292
2Beds
2Baths
1,301Sqft
46,277Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Strategically located in Marina Del Rey, offering convenient access to the beach, Abbot Kinney, diverse restaurants, and the vibrant Marina Arts District.
Top Cons:
High Association Fee: The monthly association fee of $711.05 is substantial and represents a significant ongoing cost that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$1.30M vs avg $1.16M (+$143,000)66%
Size:1,301 sqft vs avg 1,627 sqft23%
Price/sqft:$998 vs avg $73681%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The description highlights a 'fully rehabbed' historic factory building with 'chef's kitchen features stainless steel appliances and marble countertops,' and 'in-unit laundry with Bosch washer/dryer.' Images confirm a modern, high-end kitchen with Viking appliances, white flat-panel cabinetry, and marble countertops, all appearing in excellent condition. The wood floors and industrial-chic aesthetic are well-maintained and contemporary. The property is explicitly stated as 'Ready for immediate move-in,' indicating no immediate renovations are required. While not newly built or extensively renovated within the last 5 years, its quality, modern features, and move-in readiness align perfectly with the 'Good' condition criteria.
Year Built
2007
Close
-
List price
$1.3M
Original List price
$1.32M
Price/Sqft
$998
HOA
$711.05
Days on market
-
Sold On
-
MLS number
25584445
Home ConditionGood
Features
Good View:
Deck
View

About this home

Classic Architectural Warehouse Loft in Prime Location! Open floor plan with soaring ceilings and wood floors and industrial details. Chef's kitchen features stainless steel appliances and marble countertops. Historic factory building has been fully rehabbed while maintaining authentic character. This bright live/work space includes in-unit laundry with Bosch washer/dryer, spacious bedrooms with balcony, and flexible layout for creative use. Conveniently located near the beach, Abbot Kinney, restaurants, and all the activity of the Marina Arts District. Ready for immediate move-in.

Price History

Date
Event
Price
07/19/13
Sold
$996,000
Condition Rating
Good

Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The description highlights a 'fully rehabbed' historic factory building with 'chef's kitchen features stainless steel appliances and marble countertops,' and 'in-unit laundry with Bosch washer/dryer.' Images confirm a modern, high-end kitchen with Viking appliances, white flat-panel cabinetry, and marble countertops, all appearing in excellent condition. The wood floors and industrial-chic aesthetic are well-maintained and contemporary. The property is explicitly stated as 'Ready for immediate move-in,' indicating no immediate renovations are required. While not newly built or extensively renovated within the last 5 years, its quality, modern features, and move-in readiness align perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Location: Strategically located in Marina Del Rey, offering convenient access to the beach, Abbot Kinney, diverse restaurants, and the vibrant Marina Arts District.
Unique Architectural Loft Style: Features a classic architectural warehouse loft design with soaring ceilings, wood floors, industrial details, and authentic character from a fully rehabbed historic factory building.
Modern & High-End Finishes: Boasts a chef's kitchen with stainless steel appliances and marble countertops, complemented by in-unit laundry with a Bosch washer/dryer, providing contemporary comfort.
Flexible Live/Work Space: Designed as a bright live/work space with a flexible layout, ideal for creative professionals or those seeking adaptable living arrangements.
Move-in Ready: The property is ready for immediate occupancy, minimizing additional costs and time for renovations or preparations for the new owner.

Cons

High Association Fee: The monthly association fee of $711.05 is substantial and represents a significant ongoing cost that potential buyers must factor into their budget.
Unspecified Parking Details: The listing does not explicitly mention dedicated parking, which can be a critical consideration and potential concern for buyers in a dense urban area like Marina Del Rey.
Lack of Specific View Highlight: While 'has_view' is true and a balcony is mentioned, the description does not specify the nature or quality of the view, potentially indicating it's not a prominent selling feature.

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