5515 Pacific Avenue 1, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 4 bed, 4 bath
5515 Pacific Avenue 1
Marina Del Rey, California 90292
Property Price
SUMMARY
Analysis of 5515 Pacific Avenue 1, Marina Del Rey, California 90292 is currently available with a list price of $2,875,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite being built in 1974, the property has been 'completely remodeled throughout' with 'beautifully updated bathrooms,' as stated in the description. The images confirm a very recent and high-quality renovation. The kitchen features modern flat-panel cabinetry, white quartz countertops, contemporary stainless steel appliances, a stylish blue mosaic backsplash, and a large island. Bathrooms, as seen in the powder room, boast modern vanities, vessel sinks, and updated fixtures. Wide-plank wood flooring, recessed lighting, and central HVAC are present throughout, indicating all components are new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront Location
Situated in a highly desirable Marina del Rey waterfront setting, offering direct access to coastal living and an exceptional lifestyle.
- Panoramic Views
Features sweeping, unobstructed views of the Pacific Ocean, the main channel, and Catalina Island from multiple vantage points.
- Extensively Remodeled Interior
The residence has been completely remodeled throughout, including updated bathrooms, offering a modern and move-in ready interior.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2405, other record living area = 1734. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.
- High Monthly Association Fees
The $900 monthly association fee is substantial and will significantly impact the overall cost of ownership.
- Building Age
Constructed in 1974, the building's age may lead to potential future maintenance or special assessment considerations for common areas, despite the unit's remodel.
About 5515 Pacific Avenue 1
Welcome to a truly exceptional opportunity to live in one of Marina del Rey's most desirable waterfront settings. This rare split level offers an unparalleled coastal lifestyle with sweeping views of the Pacific Ocean, the main channel, and even the distant silhouette of Catalina Island.Completely remodeled throughout, the residence features four bedrooms and three-and-a-half beautifully updated bathrooms. Multiple balconies and expansive windows flood the home with natural light and frame unobstructed vistas of yachts and sailboats drifting by - an ever-changing backdrop that feels nothing short of magical. The open-concept layout is enhanced by wide-plank wood flooring, central HVAC, in-unit laundry, and abundant storage. A spacious, grassy communal front yard provides the perfect setting for summer BBQs, outdoor lounging, or gatherings with friends.Ideally positioned near acclaimed restaurants, boutique shops, and charming neighborhood cafes, this extraordinary Marina del Rey location offers the perfect blend of rarity, refined living, and effortless coastal charm.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 4,547 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $900.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 98% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 2,405 | 1,583.5 | 95% |
| Lot Size | 4,547 | 39,570 | 26% |
| Price | $2.88M | $1.16M | 95% |
| Price per sq ft | $1.2K | $757 | 91% |
| Built year | 1974 | 1980 | 36% |
| HOA | $900.0 | $968 | 44% |
| Days on market | 93 | 180 | 15% |
Pricing History
Listed for Sale
Dec 3, 2025
$2,875,000
Initial Listing
Sold
Feb 19, 2015
$1,350,000
Public Record