4316 Marina City Drive 1023, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 1 bed, 1 bath
4316 Marina City Drive 1023
Marina Del Rey, California 90292
Property Price
SUMMARY
Analysis of 4316 Marina City Drive 1023, Marina Del Rey, California 90292 is currently available with a list price of $595,000. 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.
The condo is clean and well-maintained, offering stunning views and access to excellent building amenities. However, the interior, particularly the kitchen and bathroom, shows significant signs of being outdated. The kitchen features older white appliances, dated white cabinetry, and laminate/solid surface countertops. The bathroom has gold-toned fixtures, older white cabinetry, and a dated cultured marble countertop. The flooring consists of beige carpet and older patterned tile. While functional and in good repair, these elements suggest the unit was last extensively renovated 20-30 years ago and would require minor to moderate updates to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Panoramic Views
The condo offers exceptional panoramic city, mountain, and ocean views, significantly enhancing its appeal and value.
- Extensive Luxury Amenities
Located in the iconic Marina City Club, residents benefit from a vast array of luxury amenities including 6 tennis courts, 3 swimming pools, a 16,000 sq ft gym, racquetball, pickleball, full bar & restaurant, and a cafe.
- Prime Coastal Location
Situated in Marina Del Rey, the property offers a desirable coastal lifestyle within a renowned and well-established community.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fee
The association fee of $958.36 per month is substantial and could be a significant factor in the overall cost of ownership.
- Limited Unit Size
As a one-bedroom, one-bathroom condo, the unit offers limited living space, which may not be suitable for all buyer needs or future expansion.
- Potential for Interior Updates
While the building offers extensive amenities, the description does not highlight recent interior renovations, suggesting the unit may require updates to meet modern aesthetic preferences.
About 4316 Marina City Drive 1023
One Bedroom One Bathroom Condo with Exceptional Panoramic City, Mountain & Ocean Views. Located in the iconic Marina City Club. Large open Living room that leads to a large balcony perfect for entertaining. Marina City Club Amenities include: 6 tennis courts, 3 swimming pools, racquet ball, pickle ball, 16,000 sq ft gym with state-of-the-art equipment. Full bar & restaurant with room service, Cafe, Beauty studio, Car wash, Maid service, Dry cleaning service & 24-hour security.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- -
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $958.36 / 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 | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 935 | 1,582 | 17% |
| Lot Size | - | 39,570 | 18% |
| Price | $595.0K | $1.16M | 6% |
| Price per sq ft | $636 | $756 | 27% |
| Built year | - | 1980 | 8% |
| HOA | $958.36 | $968 | 47% |
| Days on market | 218 | 181 | 71% |
Pricing History
Listed for Sale
Jul 31, 2025
$595,000
Initial Listing