4316 Marina City Drive Ph29, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 3 bed, 3 bath

4316 Marina City Drive Ph29, Marina Del Rey, California 90292 home-pic-0
ACTIVE$2,014,000$3,267/sqft
4316 Marina City Drive Ph29, Marina Del Rey, California 90292
3Beds
3Baths
3,267Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: Offers breathtaking panoramic views of the ocean, city lights, and mountains from its penthouse position, significantly enhancing its appeal and value.
Top Cons:
Condition & Renovation Needs: The property is explicitly sold 'AS-IS' and is noted to be in 'Poor' condition, indicating a significant need for modernization, repairs, and substantial renovation investment.

Compared to the nearby listings

Price:$2.01M vs avg $1.16M (+$854,000)89%
Size:3,267 sqft vs avg 1,627 sqft99%
Price/sqft:$616 vs avg $73628%

More Insights

Built in 1973 (53 years old).
Condition: The property was built in 1973, making it 51 years old. The MLS description explicitly states 'AS-IS SALE property' and does not mention any recent renovations. Without interior images, especially of the kitchen and bathrooms, it's impossible to assess their current style or condition. However, a 51-year-old property sold 'AS-IS' with no renovation history strongly suggests the interior is significantly outdated and likely requires substantial repairs and rehabilitation to meet modern standards and expectations, particularly for a penthouse at this price point. This aligns with the 'Poor' condition criteria, indicating a need for major updates and potential deferred maintenance.
Year Built
1973
Close
-
List price
$2.01M
Original List price
$2.01M
Price/Sqft
$616
HOA
$3,028
Days on market
-
Sold On
-
MLS number
IV25172660
Home ConditionPoor
Features
Excellent View: Ocean
ViewOcean

About this home

Marina City Club Penthouse. Executive living on top of the world with views of the ocean, city lights, and mountains. Amenties include: three bedroom, two and half bath with approx. 3,267 sq. ft. Large workout gym, 3 pools, 2 paddle tennis courts, 3 racquetball courts, pickle ball, 6 tennis courts. Also available free yoga, stretch, cardio, spinning classes. Nice café, restaurant, bar, car wash, beauty salon, and 24 hr security. No need to ever leave Marina City Club but if so incline it is walking distance to Abbot Kinney, shopping centers, restaurants, and the beach. This once in a lifetime opportunity to own an extremely large penthouse in Marina Del Rey will not last forever. If you blink it will be SOLD!! Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.

N
NEVEN SPRALJA
Listing Agent

Nearby schools

8/10
Coeur D'Alene Avenue Elementary School
Public,K-50.4mi
6/10
Short Avenue Elementary School
Public,K-61.3mi
8/10
Playa Del Rey Elementary School
Public,K-52.6mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,6-81.1mi
2/10
Marina Del Rey Middle School
Public,6-81.8mi
6/10
Venice Senior High School
Public,9-121.1mi
Condition Rating
Poor

The property was built in 1973, making it 51 years old. The MLS description explicitly states 'AS-IS SALE property' and does not mention any recent renovations. Without interior images, especially of the kitchen and bathrooms, it's impossible to assess their current style or condition. However, a 51-year-old property sold 'AS-IS' with no renovation history strongly suggests the interior is significantly outdated and likely requires substantial repairs and rehabilitation to meet modern standards and expectations, particularly for a penthouse at this price point. This aligns with the 'Poor' condition criteria, indicating a need for major updates and potential deferred maintenance.
Pros & Cons

Pros

Panoramic Views: Offers breathtaking panoramic views of the ocean, city lights, and mountains from its penthouse position, significantly enhancing its appeal and value.
Extensive Resort-Style Amenities: Residents benefit from an impressive array of on-site amenities including multiple pools, various sports courts (tennis, pickleball, racquetball), a large gym, fitness classes, a cafe, restaurant, bar, and beauty salon.
Prime Marina Del Rey Location: Situated in desirable Marina Del Rey, offering convenient walking access to Abbot Kinney, diverse shopping centers, acclaimed restaurants, and the beach.
Spacious Penthouse Living: An exceptionally large penthouse unit spanning approximately 3,267 sq. ft., providing expansive living spaces rarely found in condominium properties.
Comprehensive Security: The Marina City Club offers 24-hour security, providing residents with enhanced peace of mind and a secure living environment.

Cons

Condition & Renovation Needs: The property is explicitly sold 'AS-IS' and is noted to be in 'Poor' condition, indicating a significant need for modernization, repairs, and substantial renovation investment.
High Monthly Association Fee: The monthly association fee of $3,028 is exceptionally high, adding a substantial ongoing cost to ownership that may deter some buyers.
Property Age & Outdated Interiors: Built in 1973, the 51-year-old unit likely features outdated interiors and finishes that do not align with modern luxury standards, requiring extensive updates.
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