4360 Glencoe Avenue 5, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 2 bed, 3 bath
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Marina Del Rey, California 90292
This Spacious Corner Townhome is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,218,381 Fair Market Value by 1%. This valuation gap provides $19,381 in Instant Equity. Boasting a Condition Rating of 4, the home is move-in ready yet offers significant upside through cosmetic updates to the dated kitchen. Featuring the community's largest floor plan, a private 2-car garage, and resort-style amenities, it balances lifestyle with investment potential. This is an ideal acquisition for Owner-Occupants or Value-Add Investors targeting the high-demand Marina Del Rey market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4360 Glencoe Avenue 5 Subject | $1,199,000* List Price | 2 | 3 | 1,866 | $653 | - |
A 4305 Redwood Avenue 10 Sold | $1,200,000 | 3 | 3 | 1,585 | $757 | 0.0 mi |
B 4310 Glencoe Avenue 4 Sold | $1,170,000 | 2 | 3 | 1,544 | $758 | 0.0 mi |
C 13080 Mindanao Way 66 Sold | $1,425,000 | 2 | 3 | 1,996 | $714 | 0.2 mi |
D 4342 Redwood Avenue C307 Sold | $1,325,000 | 2 | 2 | 2,253 | $588 | 0.1 mi |
E 13078 Mindanao Way 207 Sold | $1,235,000 | 2 | 2 | 1,929 | $640 | 0.2 mi |
F 4752 La Villa Marina F Sold | $1,499,000 | 3 | 3 | 1,932 | $776 | 0.4 mi |
G 13078 Mindanao Way 101 Pending | $1,000,000 List Price | 2 | 2 | 1,885 | $531 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but shows a significant contrast in condition between rooms. While the primary bathroom has been updated with modern stone tiling and a glass-enclosed shower, the kitchen is very dated, featuring original 1974-style cabinetry, floral wallpaper, and older appliances. The presence of popcorn ceilings, mirrored walls, and a vintage wet bar indicates the home has not undergone a full recent renovation, though newer laminate flooring in the living areas provides a partial update.
As the largest 2-bedroom floor plan in the community, this corner unit maximizes natural light through oversized windows and offers rare features like a private 2-car garage and a large walk-in closet.
Residents benefit from a gated environment with four pools, a renovated clubhouse, and significant infrastructure upgrades including completed seismic retrofitting and a newer roof.
Ideally situated minutes from the marina, beaches, and the 90 freeway, providing effortless access to Silicon Beach hubs like Playa Vista, Culver City, and Santa Monica.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =552201, other record lot size in square feet = 552080.
While well-maintained, the 1974 construction and 'opportunity to update' suggest that buyers may need to budget for cosmetic renovations to meet contemporary luxury standards.
The monthly HOA fee of $714 represents a significant recurring expense that buyers must factor into their overall monthly carrying costs.
Located in the highly sought-after Villa Velletri community, this largest 2-bedroom, 2.5-bathroom floor plan offers an exceptional blend of space, light, and privacy. Positioned as a desirable corner unit, the home is filled with natural light through oversized windows and sliding doors, creating an airy, open feel throughout. The main living area features a cozy fireplace and seamlessly connects to a generous private patio, perfect for indoor-outdoor living and entertaining. The functional layout includes a dedicated laundry area, pantry, and direct access to a private 2-car garage, along with ample guest parking for added convenience. Upstairs, the spacious primary suite offers a peaceful retreat with a large walk-in closet and en-suite bath. The home is well-maintained and move-in ready, while also presenting a fantastic opportunity for a buyer to update and customize to their own style over time. Villa Velletri is a gated, well-managed community featuring four pools and spas, a recently renovated clubhouse, completed seismic retrofitting, and a newer roof. Ideally located just minutes from the marina, beaches, shopping, dining, and with easy access to the 90 freeway, connecting you to Playa Vista, Culver City, Santa Monica, and LAX this is Marina living at its best.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,866 | 1,536.5 | 70% |
| Lot Size | 552,201 | 59,478 | 95% |
| Price | $1.20M | $1.18M | 51% |
| Price per sq ft | $643 | $757 | 30% |
| Built year | 1974 | 1979 | 41% |
| HOA | $714.0 | $961 | 38% |
| Days on market | 21 | 153 | 1% |
Apr 1, 2026
$1,199,000
Initial Listing
Dec 4, 1996
$285,000
Public Record