4338 Redwood Avenue B114, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 2 bed, 2 bath
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4338 Redwood Avenue B114
Marina Del Rey, California 90292
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,929Sq Ft
259,551Lot Size
Property Price
LIST PRICE$1,125,000
EST. MARKET VALUE
$1,182,101
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Condo is a Strong Value Opportunity, listed at $1,125,000—positioned well below the $1,182,102 Fair Market Value by 4%. This valuation gap offers $57,102 in Instant Equity. Featuring an Excellent Condition Rating with a modern chef's kitchen and spa-like bathrooms, this unit offers a turnkey lifestyle. With resort-style amenities including a pool, tennis courts, and sauna, it is an ideal acquisition for Owner-Occupants or sophisticated professionals seeking luxury in Marina Del Rey.
Estimated Market Value
$1,182,101+$57,101 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Marina Del Rey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4338 Redwood Avenue B114 Subject 2 bd · 2 ba · 1,929 sqft · $613 | $1,125,000* List Price | 2 | 2 | 1,929 | $613 | - |
A 4608 Glencoe Avenue 3 Sold 2 bd · 3 ba · 1,912 sqft · $607 · 0.2 mi | $1,160,000 | 2 | 3 | 1,912 | $607 | 0.2 mi |
B 13121 Mindanao Way 4 Sold 2 bd · 3 ba · 1,544 sqft · $758 · 0.1 mi | $1,170,000 | 2 | 3 | 1,544 | $758 | 0.1 mi |
C 13065 Mindanao Way 3 Sold 2 bd · 3 ba · 1,866 sqft · $705 · 0.1 mi | $1,315,000 | 2 | 3 | 1,866 | $705 | 0.1 mi |
D 4115 Glencoe Avenue 302 Sold 2 bd · 2 ba · 1,800 sqft · $656 · 0.4 mi | $1,180,000 | 2 | 2 | 1,800 | $656 | 0.4 mi |
E 13700 Marina Pointe Drive 511 Sold 2 bd · 3 ba · 1,459 sqft · $754 · 0.6 mi | $1,100,000 | 2 | 3 | 1,459 | $754 | 0.6 mi |
F 13337 Beach Avenue 106 Sold 3 bd · 2 ba · 1,390 sqft · $673 · 0.5 mi | $935,000 | 3 | 2 | 1,390 | $673 | 0.5 mi |
G 4600 Glencoe Avenue 2 Active 3 bd · 3 ba · 1,707 sqft · $732 · 0.2 mi | $1,250,000 List Price | 3 | 3 | 1,707 | $732 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone an extensive, high-end modern renovation within the last 5 years. It features a contemporary chef's kitchen with high-gloss cabinetry and stainless steel appliances, fully remodeled spa-like bathrooms, updated recessed lighting, and pristine hardwood flooring throughout, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Luxury Renovations
The unit features extensive high-end updates, including a chef's kitchen with custom cabinetry, wood flooring, and a spa-like primary bathroom, offering a turnkey luxury experience.
- Expansive Single-Level Layout
Boasting nearly 2,000 square feet, this rare single-level floor plan provides an exceptionally spacious living environment that is significantly larger than typical two-bedroom condos in the area.
- Premium Community Amenities
Situated in a prestigious 24-hour guard-gated complex, the property offers resort-style living with access to a pool, tennis courts, sauna, and lush landscaping in a prime Marina Del Rey location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =259551, other record lot size in square feet = 259485.
- High Monthly Carrying Costs
The monthly HOA fee of $1,300 is relatively high, which may impact buyer affordability and debt-to-income ratios despite the inclusion of earthquake insurance and utilities.
- Building Vintage
Constructed in 1981, the complex may require ongoing maintenance or face aging infrastructure challenges common to properties of this era, regardless of the individual unit's modern interior.
About 4338 Redwood Avenue B114
Spectacular Single level, luxury modern condo, lots of natural light and views from every window Enjoy living in this extensively updated 2-bedroom, 2-bathroom Condo in the highly desirable lushly landscaped, private, 24-hour guard gated Villa Marina East #5 community. This home boast's wood floors, recessed lighting, two fireplaces, and an modern chefs' kitchen with stainless steel appliances, custom cabinetry, & breakfast area. The large living and dining area, with marble fireplace and built in's, open's to a private balcony overlooking the pool and inner courtyard area. Wonderful for the indoor-outdoor lifestyle. The large master suite also overlooks the pool & courtyard with direct balcony access. Lrg. Walk in closet space, + 2 sliding door closets in the primary bdrm. W modern/ en-suite spa-like bath rm w/ separate shower & tub and dual vanity. The condo also includes another spacious bedroom with separate remodeled bathroom, in-unit laundry, and 2 parking spaces. HOA dues include cold & hot water, Spectrum cable, common area insurance, Earthquake insurance , maintenance & trash removal. Resort like complex w/ pool, tennis courts, sauna & spa. - minutes to beaches, shops, restaurants & more. Will not last long.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 259,551 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1300.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,929 | 1,480.542 |
| Lot Size | 259,551 | 99,079.833 |
| Price | $1.12M | $1.17M |
| Price per sq ft | $583 | $784 |
| Built year | 1981 | 1991 |
| HOA | $1300.0 | $947 |
| Days on market | 28 | 71 |
Pricing History
Listed for Sale
Sep 26, 2026
$1,125,000
Initial Listing
Sold
Jul 22, 2021
$1,099,000
Public Record
Sold
Dec 12, 2014
$800,000
Public Record
Sold
Feb 10, 2014
$752,000
Public Record
Sold
May 13, 1999
$399,000
Public Record