121 Outrigger Mall, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 5 bed, 5 bath
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Marina Del Rey, California 90292
This Contemporary Coastal Residence represents a Strong Value Opportunity, listed at $4,135,000—positioned well above the $3,810,693 Fair Market Value by 8%. While the property commands a premium, its 4,632 sqft floor plan, four-stop elevator, and prime Silver Strand location offer rare scale in a high-density market. Featuring a Condition Rating of 4, the home provides a solid foundation for cosmetic modernization to capture significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal lifestyle with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 Outrigger Mall Subject | $4,135,000* List Price | 5 | 5 | 4,632 | $823 | - |
A 5302 Pacific Avenue Sold | $4,324,100 | 4 | 4 | 5,170 | $836 | 0.3 mi |
B 138 Voyage Mall Active | $3,949,000 List Price | 4 | 5 | 4,882 | $809 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, the property is over 30 years old. While the home is well-maintained and functional, the interior finishes—including the kitchen cabinetry, glass block architectural details, and flooring—are dated and reflect the original construction era, fitting the criteria for a property over 20 years old needing cosmetic updates.
Situated on a coveted garden walk street in the Silver Strand, this home offers a peaceful neighborhood feel just steps from the beach with the added benefit of a 24-hour security patrol.
The 4,632 sqft residence features a rare four-stop elevator and a three-car garage, providing modern convenience and significant living space that is difficult to find in high-density coastal areas.
With a separate first-floor entrance and a spacious chef's kitchen that flows into the family room, the layout is ideal for multi-generational living, a private home office, or high-end entertaining.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2896, living area = 4632.
While the property features a private roof deck and balconies, the compact lot size of 2,896 sqft means there is no traditional backyard or private garden area.
The multi-level architectural design creates a vertical living experience that may not appeal to all buyers, despite the convenience of the internal elevator.
Stunning contemporary residence on one of the most coveted garden walk streets in the Silver Strand of Marina del Rey, just moments from the beach. Tucked behind lush landscaping and a private gated entry, this south-facing home with 4 stop elevator offers over 4,600 square feet of beautifully designed living space with exceptional scale and natural light throughout.The expansive floor plan features five bedrooms, soaring ceilings, and an effortless indoor-outdoor flow. A spacious chef's kitchen opens seamlessly to the family room, creating an ideal setting for both everyday living and entertaining. 1st floor with its own separate entrance. Multiple outdoor spaces, including a private roof deck, capture ocean breezes and offer the perfect backdrop for relaxing or hosting. Grand primary retreat with lix bath and steam shower. Additional highlights include a private elevator, a three-car garage, and access to a 24-hour security patrol community. With its prime location, architectural character, and true neighborhood feel, this is an exceptional coastal family home in the heart of the Strand.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 5.0 |
| Square foot | 4,632 | 3,698.5 |
| Lot Size | 2,896 | 5,178.5 |
| Price | $4.13M | $3.87M |
| Price per sq ft | $893 | $1.1K |
| Built year | 1991 | 1970 |
| HOA | $0 | $723 |
| Days on market | 78 | 63 |
May 5, 2026
$4,135,000
Initial Listing