4314 Marina City Drive 116, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 3 bed, 2 bath
4314 Marina City Drive 116
Marina Del Rey, California 90292
Property Price
SUMMARY
Analysis of 4314 Marina City Drive 116, Marina Del Rey, California 90292 is currently available with a list price of $699,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1972, this unit has seen some updates, particularly in the kitchen with newer stainless steel appliances and refreshed cabinets. The living areas feature newer laminate flooring and are well-maintained. However, the bathrooms are significantly dated, with older vanities, countertops, and tile styles that appear to be from a renovation 15-30 years ago. While functional and clean, they require cosmetic updates to meet current standards. The property is well-maintained overall but shows its age in key areas, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The Marina City Club provides an extensive array of resort-style amenities including multiple pools, tennis courts, a fitness center, spa, restaurant, and 24-hour security, significantly enhancing lifestyle and property value.
- Prime Marina Del Rey Location
Conveniently located in a highly desirable area, the property offers easy access to the marina, beaches, diverse shops, and dining options.
- Spacious & Updated Interior
This 1,722 sq ft, 3-bedroom unit offers generous living space, features an updated interior with an open floor plan, and floor-to-ceiling windows.
CONSRISKS & DEFICIENCIES
- Substantial Association Fees
The monthly association fee of $1,763.23 is considerably high, which can significantly impact overall affordability and long-term ownership costs.
- History of Price Reductions
The property has undergone multiple significant price reductions from its original list price of $899,900 to $699,900, potentially indicating market resistance or initial overpricing.
- Building Age
Constructed in 1972, the building is over five decades old. While the unit is updated, the age of the complex could imply potential for future maintenance issues or special assessments.
About 4314 Marina City Drive 116
Spacious 3-bedroom, 2-bath residence in the Marina City Club offering approximately 1,722 sq ft of living space. This updated unit features an open floor plan, floor-to-ceiling windows, and a private balcony with serene views. The Marina City Club provides resort-style amenities including multiple pools, tennis courts, a fitness center, spa, restaurant, and 24-hour security. Conveniently located near the marina, beaches, shops, and dining.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 500,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1763.23 / Month
Neighborhood Insights
Marina Del Rey Unified Schools
Coeur D'Alene Avenue Elementary School
Grades K-5 • 0.4 mi
Short Avenue Elementary School
Grades K-6 • 1.3 mi
Playa Del Rey Elementary School
Grades K-5 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,722 | 1,585 | 61% |
| Lot Size | 500,000 | 59,223 | 94% |
| Price | $699.9K | $1.16M | 13% |
| Price per sq ft | $406 | $756 | 6% |
| Built year | 1972 | 1980 | 22% |
| HOA | $1763.23 | $971 | 85% |
| Days on market | 199 | 182 | 58% |
Pricing History
Listed for Sale
Oct 29, 2025
$699,900
$749,900
-7% Price Drop
Initial Listing
Price Change
Oct 4, 2025
$749,900
$799,900
-6% Price Drop
Initial Listing
Price Change
Sep 17, 2025
$799,900
$849,900
-6% Price Drop
Initial Listing
Price Change
Sep 4, 2025
$849,900
$899,900
-6% Price Drop
Initial Listing
Price Change
Aug 19, 2025
$899,900
Initial Listing
Sold
Mar 20, 2025
$585,000
Public Record