3111 Ocean Front Walk, Marina Del Rey, California 90292, Marina Del Rey, 90292 - bed, bath

3111 Ocean Front Walk
Marina Del Rey, California 90292
Property Price
SUMMARY
Analysis of 3111 Ocean Front Walk, Marina Del Rey, California 90292 is currently available with a list price of $11,700,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Marina Del Rey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1992, this mixed-use property, particularly the owner's penthouse, has undergone extensive, high-end renovations that present as virtually new and meet current luxury standards. The penthouse kitchen features sleek, modern flat-panel cabinetry, integrated high-end stainless steel appliances, and contemporary countertops. The bathroom is equally modern with a freestanding tub, unique custom vanity, and large format tiling. Throughout the main living areas, there is high-quality, modern flooring (wood-look and large grey tiles), glass railings, and sophisticated lighting. While some of the apartment units show a slightly more conventional 'good' condition, the overall impression, especially from the highlighted penthouse and the property's 'iconic design' and 'luxurious living' description, firmly places its condition in the 'excellent' category due to significant recent investment in high-quality finishes and features.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location & Panoramic Views
Located just steps from Venice Pier on Ocean Front Walk, offering unparalleled 270-degree panoramic views of the Pacific Ocean, Santa Monica mountains, Venice Pier, and the city skyline from all four levels.
- Exceptional Mixed-Use Versatility
This iconic property seamlessly blends commercial retail spaces, multiple residential apartments, and a luxurious owner's penthouse, providing diverse usage options including boutique hotel, luxury Airbnb, or a residence with office space.
- Significant Income Generation Potential
With two commercial retail spaces, two 2-bedroom apartments, and event hosting capabilities, the property is explicitly primed for substantial and consistent income generation from various revenue streams.
CONSRISKS & DEFICIENCIES
- High Investment Threshold
The substantial list price of $11.7 million significantly narrows the pool of potential buyers to ultra-high-net-worth individuals or sophisticated investors, potentially leading to a longer market time.
- Operational Complexity
Managing a multi-faceted mixed-use property with commercial retail, multiple residential units, and event hosting potential requires significant operational expertise and resources, which may deter buyers seeking simpler investments.
- Ongoing Maintenance & Insurance Costs
As a large, 1992-built, oceanfront property, it is subject to higher wear and tear from coastal elements, implying substantial ongoing maintenance, repair, and insurance expenses inherent to its type and location.
About 3111 Ocean Front Walk
Welcome to this stunning coastal property located just steps from Venice Pier in one of Los Angeles’s most desirable areas. This iconic mixed-use property blends residential and commercial spaces, offering incredible investment potential. Spanning nearly 8,000 square feet across four levels, the property boasts expansive views, luxurious living, and commercial flexibility. Enjoy 270-degree ocean to city views, Pacific Ocean, Santa Monica mountains, Venice Pier, and the city skyline. At 45 feet tall, each level offers breathtaking panoramic views, providing the perfect backdrop for a dream lifestyle. The ground level features two commercial retail spaces totaling 1,400 square feet, ideal for high-traffic businesses, event rentals, or creative spaces. The second level offers two ocean-view 2-bedroom, 2-bathroom apartments, each nearly 1,400 square feet, combining luxury living with prime real estate investment. At the top, the owner’s penthouse spans 3,800 square feet, with soaring ceilings, an open floor plan, and glass walls framing incredible views from the Santa Monica mountains to the Pacific Ocean. In addition, experience sunrise to sunset views from a unique motorized loft currently being utilized as the primary bedroom. This property offers endless opportunities, whether as a boutique hotel, luxury Airbnb, or residence with office space. With flexible options for residential leasing, commercial ventures, and event hosting, it’s primed for substantial income generation. The property holds the potential for transformation into a consistent income generator. The building includes 11 parking spaces across three garages with private access, adding convenience for tenants, guests, and businesses. Outdoor space is plentiful, ideal for additional lifestyle features or enhancing event-hosting potential. Located on the beach, world-class dining, shopping, and outdoor activities, this property offers an unbeatable coastal lifestyle and provides endless opportunities in one of Los Angeles’s most coveted locations. With its iconic design, breathtaking views, and versatile possibilities, this property stands as one of the most exceptional investment opportunities. Seize the chance to own this coastal gem and unlock its full potential. With its unique blend of luxury, flexibility, and location, this is truly a one-of-a-kind opportunity!
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1992
- Lot Size
- 5,039 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1992 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Jan 20, 2026
$11,700,000
$11,950,000
-2% Price Drop
Initial Listing
Price Change
Oct 1, 2025
$11,950,000
Initial Listing
Sold
Apr 4, 2002
$2,370,000
Public Record































