4265 Marina City Drive 501, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 3 bed, 2 bath
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Marina Del Rey, California 90292
This 3-bedroom condominium presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $898,405 Fair Market Value by 11%. This valuation gap offers $99,405 in Instant Equity for buyers. Featuring a Condition Rating of 4, the unit requires cosmetic modernization, yet offers Panoramic Coastal Views and access to extensive resort-style amenities. Ideally located near top-rated schools like Coeur D'Alene Avenue Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4265 Marina City Drive 501 Subject | $799,000* List Price | 3 | 2 | 1,722 | $522 | - |
A 4314 Marina City Drive 430 Sold | $662,500 | 3 | 2 | 1,722 | $385 | 0.0 mi |
B 4335 S Marina City Drive 544 Sold | $774,900 | 2 | 2 | 1,422 | $545 | 0.1 mi |
C 4600 Via Dolce 2 Sold | $800,000 | 2 | 2 | 1,493 | $536 | 0.9 mi |
D 4600 Via Dolce 206 Sold | $795,000 | 2 | 2 | 1,386 | $574 | 0.9 mi |
E 4265 Marina City Drive 601 Active | $825,000 List Price | 3 | 2 | 1,870 | $441 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this 52-year-old unit is explicitly marketed as an 'opportunity to customize,' indicating that major systems, the kitchen, and living areas are dated. While there are minor recent updates such as new laminate flooring in the master bath and a modern vanity, the presence of older carpeting, gold-tone hardware, and original finishes suggests the property needs significant cosmetic updates to meet modern standards.
The Marina City Club offers an unparalleled amenity package, including a massive gym, three pools, six tennis courts, on-site dining, and 24-hour security, providing a comprehensive luxury lifestyle.
Floor-to-ceiling windows and a large private balcony showcase sweeping northwest vistas of Venice, Santa Monica, and Malibu, ensuring exceptional natural light and high aesthetic value.
Ideally located within walking distance to Abbot Kinney, Venice, and local shopping centers, this property offers a highly desirable 'live-work-play' coastal environment.
The monthly association fee of $1,171.15 is substantial, which may impact the overall affordability and appeal for buyers sensitive to high recurring overhead.
Marketed as an opportunity to customize, the 1972 unit likely requires significant capital investment to modernize the kitchen, bathrooms, and finishes to meet contemporary luxury standards.
Incredible opportunity to own a 3-bedroom, 2-bath, 1,722 square foot unit with rare, northwest facing views in the West Tower of the luxurious Marina City Club. This is the perfect opportunity to customize your living space. The bright living room opens to a large, private balcony with new outdoor carpet. The master bedroom features large closet spaces and an en-suite bathroom with new laminate flooring. The unit has two additional bedrooms, floor-to-ceiling windows, two parking spaces, and sweeping panoramic vistas of Venice, Santa Monica and Malibu. Located on the 5th floor in the West Tower of the iconic Marina City Club with access to all of the amenities including a large, beautiful gym, 3 pools, 6 tennis courts, 2 paddle tennis courts, 3 racquetball courts, pickleball, restaurant & bar, daytime cafe, car wash, beauty salon, and 24-hour security. Walking distance to Venice / Abbot Kinney, local shopping centers, restaurants and more. Westside luxury, security and coastal living at it's finest!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 1.3 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,722 | 1,545 | 61% |
| Lot Size | - | 66,610.5 | 16% |
| Price | $799.0K | $1.17M | 24% |
| Price per sq ft | $464 | $757 | 8% |
| Built year | 1972 | 1980 | 28% |
| HOA | $1171.15 | $965 | 62% |
| Days on market | 16 | 151 | 1% |
May 29, 2026
$799,000
Initial Listing