
Los Angeles, California 90292
This Spacious Condominium represents a Strong Value Opportunity, listed at $1,080,000—positioned slightly above the $1,051,170 Fair Market Value. While the property requires cosmetic updates given its Condition Rating of 4, it offers significant upside through its expansive 1,885 sqft floor plan and recent 2026 HVAC installation. Residents enjoy resort-style amenities, including a pool, tennis courts, and a private balcony with Park/Greenbelt views. This property is an ideal acquisition for Owner-Occupants seeking a coastal lifestyle or Buy-and-Hold Investors targeting the Marina del Rey market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13078 Mindanao Way 116 Subject 2 bd · 2 ba · 1,885 sqft · $533 | $998,000* List Price | 2 | 2 | 1,885 | $533 | - |
A 13050 Maxella Avenue 2 Sold 2 bd · 3 ba · 1,547 sqft · $655 · 0.2 mi | $1,013,700 | 2 | 3 | 1,547 | $655 | 0.2 mi |
B 4415 Alla Road 2 Sold 2 bd · 3 ba · 1,912 sqft · $549 · 0.1 mi | $1,050,000 | 2 | 3 | 1,912 | $549 | 0.1 mi |
C 13236 Fiji Way L Sold 2 bd · 3 ba · 1,932 sqft · $534 · 0.5 mi | $1,031,000 | 2 | 3 | 1,932 | $534 | 0.5 mi |
D 4360 Glencoe Avenue 5 Sold 2 bd · 3 ba · 1,866 sqft · $630 · 0.2 mi | $1,175,000 | 2 | 3 | 1,866 | $630 | 0.2 mi |
E 4631 Alla Road 4 Active 2 bd · 3 ba · 1,912 sqft · $522 · 0.2 mi | $999,000 List Price | 2 | 3 | 1,912 | $522 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is over 40 years old and features dated bathroom fixtures, such as the textured glass shower doors and older cabinetry. While the HVAC system is excellent (newly installed in 2026) and the unit is well-maintained, the overall interior aesthetic is dated and requires cosmetic updates to meet modern standards.
Boasting 1,885 square feet, this end-unit is exceptionally large for a two-bedroom floor plan, featuring a versatile den and abundant natural light that creates a house-like feel.
Located in a prestigious guard-gated community, residents enjoy resort-style facilities including tennis and pickleball courts, a pool, sauna, and two spas, all within a secure environment.
The installation of a brand-new HVAC system in 2026 provides immediate value and peace of mind, ensuring modern energy efficiency and reliable climate control for years to come.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =538904, other record lot size in square feet = 538759.
The HOA dues are significant at $1,228.50 per month, which may deter budget-conscious buyers despite the inclusion of utilities and extensive amenities.
The unit is assigned two tandem parking spaces rather than side-by-side, which can be a daily inconvenience for multi-driver households.
Welcome to resort-style living in Villa Marina East IV, a desirable staffed, guard-gated community in Marina del Rey. This spacious 2-bedroom + den end unit is located above the garage on the second level and offers abundant natural light, generous living spaces, and excellent storage. Step into the bright foyer, which leads down the hallway to the spacious living room featuring a cozy fireplace and sliding glass doors leading to a large private balcony, an ideal space to relax or enjoy the coastal breeze. The well-appointed kitchen offers ample cabinetry and counter space, with a conveniently located laundry area nearby. The primary suite features a large walk-in closet and an ensuite bathroom with a soaking tub, separate shower, dual sinks, and generous storage. The guest bedroom offers a large closet and is conveniently located next to the second bathroom with a tub/shower combination. A versatile den provides additional space for a home office, media room, or guest area. A new HVAC system for heating and cooling was installed in 2026. The unit also includes a large private storage space on the ground level. Villa Marina East IV is a well-maintained community featuring beautifully landscaped grounds, a sparkling pool, two spas, a sauna, and tennis and pickleball courts. HOA dues include hot and cold water, cable, common area maintenance, and trash service. Two tandem parking spaces are included, along with ample guest parking. Ideally located just minutes from the Marina del Rey waterfront, Venice Beach, Abbot Kinney, and a wide variety of dining, shopping, and recreation options. Convenient access to the 90 and 405 freeways makes it easy to enjoy all that the Westside has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,885 | 1,261.581 |
| Lot Size | 538,904 | 25,441.625 |
| Price | $998.0K | $794.9K |
| Price per sq ft | $529 | $640 |
| Built year | 1980 | 1980 |
| HOA | $1228.5 | $687 |
| Days on market | 36 | 74 |
Oct 22, 2026
$998,000
$1,080,000
-8% Price Drop
Initial Listing
Sep 18, 2026
$1,080,000
Initial Listing
Sep 16, 2009
$550,000
Public Record
Apr 8, 1994
$255,000
Public Record