3711 Ocean Front 3, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 3 bed, 3 bath

3711 Ocean Front 3, Marina Del Rey, California 90292 home-pic-0
ACTIVE$4,495,000$2,724/sqft
3711 Ocean Front 3, Marina Del Rey, California 90292
3Beds
3Baths
2,724Sqft
3,642Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Beachfront Location & Panoramic Views: This penthouse offers direct stunning ocean views and beach access, with panoramic vistas encompassing Catalina, city lights, coastline, and the Pacific Ocean, providing an unparalleled coastal living experience.
Top Cons:
Significant Square Footage Discrepancy: There is a notable difference in reported square footage (2,724 sqft architectural vs. 2,099 sqft assessor), which could create uncertainty for buyers regarding actual usable space and property valuation.

Compared to the nearby listings

Price:$4.50M vs avg $1.16M (+$3,335,000)99%
Size:2,724 sqft vs avg 1,627 sqft99%
Price/sqft:$1.7K vs avg $74297%

More Insights

Built in 1970 (56 years old).
Condition: Built in 1970, this property is over 50 years old. While the living areas feature modern hardwood floors and an open layout, and the kitchen has updated stainless steel appliances, the overall condition is significantly impacted by the severely outdated master bathroom, characterized by extensive blue tiling and older fixtures. The description also notes that the seller has plans and permits for an 'extensive remodel to existing spaces,' indicating that substantial rehabilitation is required to bring the property to current luxury standards, especially concerning the bathrooms and potentially the HVAC system (only baseboard heating is visible). This goes beyond 'minor updates' and aligns with the 'Poor' category, which requires substantial repairs and rehabilitation.
Year Built
1970
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$1,650
HOA
$600
Days on market
-
Sold On
-
MLS number
25548759
Home ConditionPoor
Features
Excellent View: Catalina, City Lights, Coastline, Marina, Mountain(s), Ocean, Panoramic, Peek-A-Boo, Pier, Trees/Woods
Patio
ViewCatalina,City Lights,Coastline,Marina,Mountain(s),Ocean,Panoramic,Peek-A-Boo,Pier,Trees/Woods

About this home

Welcome to your beachfront oasis at 3711 Ocean Front Walk #3 in Marina del Rey. This penthouse boasts direct stunning ocean views and beach access, ideal for coastal living. Inside, an open floor plan connects the living, dining, and kitchen areas, with large windows providing natural light and Pacific Ocean vistas. The modern kitchen features stainless steel appliances and a spacious island. The master suite includes a private patio, sprawling wardrobe closets, and an open ocean view en-suite bathroom. The additional two bedrooms offer en suite bathrooms and ample space for guests. Also available with future renovation is the sprawling rooftop deck. Located in vibrant Marina del Rey, you're close to dining, shopping, and entertainment. Perfect as a permanent residence or vacation retreat, schedule a showing today! Seller has plans and permits for extensive remodel to existing spaces. Square footage of 2,724 is from architectural measuring; assessor shows 2,099.

W
William Durfee
Listing Agent
Condition Rating
Poor

Built in 1970, this property is over 50 years old. While the living areas feature modern hardwood floors and an open layout, and the kitchen has updated stainless steel appliances, the overall condition is significantly impacted by the severely outdated master bathroom, characterized by extensive blue tiling and older fixtures. The description also notes that the seller has plans and permits for an 'extensive remodel to existing spaces,' indicating that substantial rehabilitation is required to bring the property to current luxury standards, especially concerning the bathrooms and potentially the HVAC system (only baseboard heating is visible). This goes beyond 'minor updates' and aligns with the 'Poor' category, which requires substantial repairs and rehabilitation.
Pros & Cons

Pros

Prime Beachfront Location & Panoramic Views: This penthouse offers direct stunning ocean views and beach access, with panoramic vistas encompassing Catalina, city lights, coastline, and the Pacific Ocean, providing an unparalleled coastal living experience.
Penthouse with Renovation Potential: As a penthouse unit, it offers exclusivity and the seller has already secured plans and permits for an extensive remodel, including a future sprawling rooftop deck, allowing for significant customization and value enhancement.
Modern & Open Living Space: The property features an open floor plan with large windows maximizing natural light and ocean views, complemented by a modern kitchen equipped with stainless steel appliances and a spacious island.
Luxury En-Suite Bathrooms: All three bedrooms boast en-suite bathrooms, including an ocean-view en-suite in the master, offering exceptional privacy and convenience for residents and guests.
Desirable Marina Del Rey Lifestyle: Located in vibrant Marina del Rey, the property is ideally situated close to diverse dining, shopping, and entertainment options, making it perfect for both permanent residence and a luxury vacation retreat.

Cons

Significant Square Footage Discrepancy: There is a notable difference in reported square footage (2,724 sqft architectural vs. 2,099 sqft assessor), which could create uncertainty for buyers regarding actual usable space and property valuation.
Age of Building & Potential HOA Costs: Built in 1970, the building is over 50 years old, which may imply older infrastructure and potentially higher maintenance costs reflected in the $600 monthly association fee, warranting a thorough review of HOA financials.
Renovation Required for Full Potential: While plans and permits are a benefit, realizing the property's full potential, especially the 'sprawling rooftop deck,' requires the buyer to undertake and fund an extensive remodel, adding significant time and cost post-purchase.
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