311 Bora Bora Way 315, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 2 bed, 2 bath

311 Bora Bora Way 315, Marina Del Rey, California 90292 home-pic-0
ACTIVE$1,145,000$1,476/sqft
311 Bora Bora Way 315, Marina Del Rey, California 90292
2Beds
2Baths
1,476Sqft
194,654Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Coastal Location: Situated in vibrant Marina Del Rey, offering immediate access to the Pacific Ocean, harbors, beaches, bike paths, and a rich array of local attractions, dining, and entertainment.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1476, other record living area = 1391.

Compared to the nearby listings

Price:$1.15M vs avg $1.16M ($-10,000)49%
Size:1,476 sqft vs avg 1,620 sqft38%
Price/sqft:$776 vs avg $74259%

More Insights

Built in 1979 (47 years old).
Condition: The property, built in 1979, shows signs of regular upkeep and some updates like bamboo flooring and recessed lighting. However, the kitchen features original-style wood cabinets, older laminate countertops, and white appliances, indicating it is significantly dated and would require a full renovation to meet current standards. The bathrooms are functional, with one showing a dated brown tile style, and the master bath, while cleaner, is not fully modernized. While move-in ready, the major components like the kitchen are functional but clearly outdated, aligning with the 'fair' condition criteria.
Year Built
1979
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$776
HOA
$1,165
Days on market
-
Sold On
-
MLS number
26637373
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
ViewMountain(s)

About this home

Whether you are looking for a full-time residence or a second home, you can have a vacation-like experience in this desirable and private top floor condo. Nestled amidst the stunning Pacific Ocean, harbors, a sailboat channel and a Nature-restored canal, this location is ideal to enjoy the vibrant Marina Del Rey lifestyle, with the easily accessible beach, bike paths and sailing facilities a short distance from your doorstep. This quiet and bright unit benefits from the addition of solar tubes bringing in abundant natural light, and the enclosed balconies provide a larger usable living space. Bamboo floors add to the coastal vibe of this home. Views of sailboat masts and stunning mountain ranges in the distance reinforce why Southern California is one of the most sought after locations in the world! This unit's great layout has two large bedrooms with their own bathrooms off separate hallways, and a laundry room in unit. The facilities in the building are all well maintained and include 4 tennis courts, 2 swimming pools and hot tubs, multiple saunas, a well appointed gym and two community rooms which can be used at no extra cost for any gatherings you'd like to host (think book clubs, poker nights and meet and greets). Easily enjoy the attractions that people come for from miles around: the annual Marina del Rey fireworks displays on 4th of July and New Year's Eve, the Holiday Boat Parade and the summer concerts at Burton Chase Park. Having this much space and 2 parking spaces is a dream come true! The many wonderful restaurants, cafes, boutiques and specialty stores in close proximity, and the nearby Marina, Washington Boulevard and trendy Abbott Kinney, mean you'll never have to travel far from home to explore places like the Venice Canals, Santa Monica, Playa Del Rey, Manhattan Beach, and Culver City.

J
Janet Heinzle
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, shows signs of regular upkeep and some updates like bamboo flooring and recessed lighting. However, the kitchen features original-style wood cabinets, older laminate countertops, and white appliances, indicating it is significantly dated and would require a full renovation to meet current standards. The bathrooms are functional, with one showing a dated brown tile style, and the master bath, while cleaner, is not fully modernized. While move-in ready, the major components like the kitchen are functional but clearly outdated, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Exceptional Coastal Location: Situated in vibrant Marina Del Rey, offering immediate access to the Pacific Ocean, harbors, beaches, bike paths, and a rich array of local attractions, dining, and entertainment.
Extensive Resort-Style Amenities: The building boasts an impressive suite of facilities including 4 tennis courts, 2 swimming pools, hot tubs, multiple saunas, a well-appointed gym, and complimentary community rooms.
Enhanced Living Space & Natural Light: As a desirable top-floor unit, it offers privacy, abundant natural light via solar tubes, and enclosed balconies that expand the usable living area.
Functional Layout & In-Unit Conveniences: Features a desirable layout with two large en-suite bedrooms, an in-unit laundry room, and two dedicated parking spaces, providing significant convenience.
Scenic Views & Vibrant Community Events: Offers picturesque views of sailboat masts and distant mountain ranges, complemented by proximity to popular community events like fireworks displays and boat parades.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1476, other record living area = 1391.
High Monthly Association Fee: The substantial monthly association fee of $1,165 could be a significant ongoing cost for potential buyers.
Building Age: Constructed in 1979, the property is older, which may suggest potential for future maintenance needs or dated systems compared to newer developments.
Variable School Performance: While some local schools are highly rated, the presence of a lower-rated middle school (Marina Del Rey Middle School, rating 2) might be a consideration for families prioritizing top-tier public education.
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