311 Bora Bora Way 118, Los Angeles, California 90292, Los Angeles, 90292 - 2 bed, 2 bath

311 Bora Bora Way 118, Los Angeles, California 90292 home-pic-0
ACTIVE$925,000$1,388/sqft
311 Bora Bora Way 118, Los Angeles, California 90292
2Beds
2Baths
1,388Sqft
194,654Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Lifestyle: Situated in the exclusive Silver Strand neighborhood of Marina del Rey, offering proximity to the beach, shops, restaurants, and Venice Pier for an ideal California lifestyle.
Top Cons:
Potential for Renovation/Updates: The description 'Bring your vision and creativity' suggests the unit may be dated and require significant investment for modernization to meet contemporary tastes.

Compared to the nearby listings

Price:$925.0K vs avg $1.16M ($-230,000)30%
Size:1,388 sqft vs avg 1,620 sqft26%
Price/sqft:$666 vs avg $73636%

More Insights

Built in 1979 (47 years old).
Condition: The property, built in 1979, is significantly outdated, particularly the kitchen and bathrooms. The kitchen features dated tiled countertops, old-style cabinets, and fluorescent panel lighting. Bathrooms have dated tile work and fixtures. Flooring consists of worn carpet and dated tile. While functional, the property requires substantial cosmetic updates and renovations to meet current quality and style standards, aligning with the 'fair' condition criteria.
Year Built
1979
Close
-
List price
$925K
Original List price
$990K
Price/Sqft
$666
HOA
$971
Days on market
-
Sold On
-
MLS number
SR25145489
Home ConditionFair
Features
Good View: Marina
Patio
ViewMarina

About this home

Bring your vision and creativity to this spacious first floor condo in the exclusive Silver Strand neighborhood of Marina del Rey. This unit offers a solid layout with an open living room featuring a fire place, dining area and an enclosed balcony with a peekaboo view of the Marina and boats. The kitchen opens to a private open-air atrium that serves as a tranquil oasis perfect for relaxing with you morning coffee. Two generous bedrooms each feature its own private en-suite bathroom and plenty of closet space. Unit also includes an in-unit laundry room with additional storage space, 2 secured tandem parking spaces, an extra storage closet in the community storage room, and a secured gated entry. This resort-style community offers pools, tennis courts two hot tubs, a gym, sauna, and a community room. Monthly HOA dues include cable, internet, water, trash, and earthquake insurance. Close to restaurants, shops, beach, bike path, farmer's markets, boats and Venice Pier, this is California living at its best.

R
Rafael Figueroa
Listing Agent

Nearby schools

8/10
Coeur D'Alene Avenue Elementary School
Public,K-51.2mi
6/10
Short Avenue Elementary School
Public,K-61.9mi
8/10
Playa Del Rey Elementary School
Public,K-52.8mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,6-82.0mi
2/10
Marina Del Rey Middle School
Public,6-82.2mi
6/10
Venice Senior High School
Public,9-122.0mi

Price History

Date
Event
Price
04/06/05
Sold
$645,500
Condition Rating
Fair

The property, built in 1979, is significantly outdated, particularly the kitchen and bathrooms. The kitchen features dated tiled countertops, old-style cabinets, and fluorescent panel lighting. Bathrooms have dated tile work and fixtures. Flooring consists of worn carpet and dated tile. While functional, the property requires substantial cosmetic updates and renovations to meet current quality and style standards, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Prime Location & Lifestyle: Situated in the exclusive Silver Strand neighborhood of Marina del Rey, offering proximity to the beach, shops, restaurants, and Venice Pier for an ideal California lifestyle.
Extensive Community Amenities: The resort-style community provides a wealth of amenities including pools, tennis courts, two hot tubs, a gym, sauna, and a community room.
Comprehensive HOA Inclusions: Monthly HOA dues cover cable, internet, water, trash, and earthquake insurance, providing significant value and reducing recurring household expenses.
Spacious Layout & Unique Features: A generous 1388 sqft layout includes an open living room with a fireplace, an enclosed balcony, a private open-air atrium, and two bedrooms each with its own en-suite bathroom.
Ample Parking & Storage: The unit comes with two secured tandem parking spaces and an additional storage closet in the community storage room, highly valuable in this area.

Cons

Potential for Renovation/Updates: The description 'Bring your vision and creativity' suggests the unit may be dated and require significant investment for modernization to meet contemporary tastes.
High Monthly HOA Dues: Despite comprehensive inclusions, the $971 monthly HOA fee is substantial and adds significantly to the overall cost of ownership.
First Floor Location & Limited View: As a first-floor unit, it may offer less privacy and potentially more noise compared to higher floors, with only a 'peekaboo view' of the Marina and boats.
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