137 Northstar Mall, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 3 bed, 3 bath
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137 Northstar Mall
Marina Del Rey, California 90292
ACTIVE
CONDITION: POOR
3Beds
3Baths
2,751Sq Ft
2,878Lot Size
Property Price
LIST PRICE$1,900,000
EST. MARKET VALUE
$2,008,024
5% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $2,500,000—positioned well below the $2,379,711 Fair Market Value by -5%. While the home requires a comprehensive renovation due to its Condition Rating of 5, the 2,751 square foot layout and Panoramic Views from the rooftop deck provide a rare foundation for high-end customization. Located in the exclusive Silver Strand, this asset offers significant upside for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through a strategic, full-scale modernization project.
Estimated Market Value
$2,008,024+$108,024 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Marina Del Rey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 Northstar Mall Subject 3 bd · 3 ba · 2,751 sqft · $730 | $1,900,000* List Price | 3 | 3 | 2,751 | $730 | - |
A 134 Roma Court Pending 3 bd · 3 ba · 2,799 sqft · $857 · 0.2 mi | $2,399,000 List Price | 3 | 3 | 2,799 | $857 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1985, this 40+ year old home is described as a 'blank canvas' requiring a complete vision, indicating a need for a full rehab. Interior images confirm original, heavily dated 1980s finishes, including severely worn and stained green carpeting, dated tile flooring, and original wood cabinetry.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silver Strand Location
Situated on a highly sought-after corner lot in the exclusive Silver Strand neighborhood, the property offers 24-hour private security and immediate proximity to the beach, canals, and Abbot Kinney.
- Exceptional Outdoor Living
The home features two private courtyards and a rooftop deck designed for panoramic sunset views, providing rare and versatile outdoor spaces for coastal entertaining.
- Spacious Architectural Canvas
With over 2,700 square feet of living space and soaring ceilings, the interior offers an airy, expansive layout that serves as a perfect foundation for a high-end custom renovation.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2878, living area = 2751.
- Extensive Renovation Required
Marketed as a 'blank canvas,' the property likely requires a significant additional investment in time and capital to modernize the 1985 original finishes and systems.
- High Carrying Costs
The monthly association fee of $1,315 is substantial for a single-family residence, which may impact the overall budget and appeal for buyers sensitive to ongoing ownership expenses.
About 137 Northstar Mall
Luxury Live Auction! Bidding to Start from $1,900,000! Opportunity knocks at 137 Northstar Mall, a 3-bedroom, 3-bath corner-lot home on one of the most sought-after streets in Marina del Rey's Silver Strand. With approximately 2,751 square feet, this home is a true blank canvas, ready for a new owner to bring their vision to life. Inside, tall ceilings set an airy tone throughout, and the expansive living area offers plenty of room to design around the way you live. A formal dining room adds a classic touch for dinner and gatherings. Outside, two courtyards create private spots for morning coffee, outdoor dining, or unwinding at the end of the day, and the rooftop deck is made for taking in those famous Marina sunsets. A second entrance opens directly onto the shared Northstar Mall courtyard, adding an extra layer of charm and connection to the neighborhood. Silver Strand residents enjoy the privacy and peace of mind of a 24-hour private security patrol, all just moments from the sand, the canals, and the Marina. Venice Beach, Abbot Kinney, waterfront dining, shopping, and top-rated schools are all close by, putting the best of the Westside within easy reach. Bring your ideas and make this one your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 2,878 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1315.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.2 |
| Baths | 3.0 | 3.8 |
| Square foot | 2,751 | 3,206.4 |
| Lot Size | 2,878 | 5,029 |
| Price | $1.90M | $3.48M |
| Price per sq ft | $691 | $1.1K |
| Built year | 1985 | 1970 |
| HOA | $1315.0 | $650 |
| Days on market | 30 | 115 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,900,000
$2,500,000
-24% Price Drop
Initial Listing
Price Change
Sep 24, 2026
$2,500,000
Initial Listing
Sold
Sep 4, 1997
$750,000
Public Record
Sold
Jun 17, 1996
$625,000
Public Record