$3,495,000
SOLD MAY 10, 2021

1 Spinnaker St Unit 2 Marina Del Rey, CA 90292

2 Beds
2.5 Baths
1,965 Sq Ft
$1,035/mo HOA Fee

Recently Sold

$1,779 Per Sq Ft

129 Days on Market

Highlights

  • Ocean Front
  • Two Primary Bedrooms
  • Open Floorplan
  • Coeur D'Alene Avenue Elementary School Rated A-
  • 0.43 Acre Lot
  • Contemporary Architecture

About This Home

As of May 2021

A VERY RARE FIND. This oceanfront location is one of the best maintained buildings with reserves on the beach. 30 feet of ocean frontage w/ unobstructed ocean views from Malibu to Catalina. Wall-to-wall glass opening onto a huge oceanfront balcony boasting direct beach access with steps to the sand. No continuous sidewalk or nearby parking lots result in a very quiet, private and tranquil setting. IT'S PARADISE. Indoor-Outdoor lifestyle w/ polished cement floors throughout, step down living room with stone fireplace plus dining and office built into the oceanfront great room. Oceanview cooks kitchen w/ stainless appliances and granite countertops. The master bedroom has very high ceilings, walk-in closet plus steam shower. The second bedroom is en-suite w/ walk-in closet. Laundry room + lovely updated powder room. 2 car garage parking + 1 outside + storage. A great location for year-round walks, bird & dolphin watching + stunning sunsets from the comfort of your VERY PRIVATE beach pad.

Last Agent to Sell the Property

Jennifer Portnoy

Compass License #01215535 Listed on: 12/08/2020

Compass

Last Buyer's Agent

Madelaine Kolisnyk

Power Brokers License #01377862

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,706

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $1,035 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,965 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Custom Window Coverings
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Den
  • Concrete Flooring
  • White Water Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Steam Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Living Room Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4294-005-027

Community Details

Overview

  • Association fees include insurance, trash, water and sewer paid, earthquake insurance
  • 18 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$44,706

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$1,035 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Reef Spinnaker Owners Association
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 1965
  • Lot Acreage: 0.4255
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Beamed Ceiling(s), Open Floor Plan, Mirrored Closet Door(s), Living Room Deck Attached, Living Room Balcony
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Cement
  • Appliances: Built-Ins, Oven
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Main Floor Master Bedroom, Master Retreat
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower, Granite, Linen Closet, Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, Living Room, Breakfast Area, Separated
  • Kitchen Features: Granite Counters
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Freezer, Garbage Disposal, Ice Maker, Dishwasher, Cable, Barbeque, Washer, Refrigerator, Range/Oven, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1778.63
  • Windows: Custom Window Covering

Exterior Features

  • Balcony: Oceanfront
  • Direction Faces: West
  • Other Features: Balcony
  • Exposure: Oceanfront
  • Patio: Patio Open, Living Room Deck Attached
  • Pool: No
  • View: Ocean, White Water, Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Earth Quake Ins: 0
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance, Trash, Water and Sewer Paid, Earthquake Insurance
  • HOA Fees: 1035.00
  • HOA: Yes
  • Unit Location: Oceanfront

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4294-005-027
  • Lot Location: Ocean Front, Ocean Access
  • Lot Size Area: 18535

Multi Family

  • Number Of Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Apr 27, 2021
Sold by
Kennedy Patricia Ann
Bought by
Scheir Robert and Scheri Harriet
Seller's Agent
Jennifer Portnoy
Compass
Buyer's Agent
Madelaine Kolisnyk
Power Brokers
List Price
$3,495,000
Sold Price
$3,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.05%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Kennedy Patricia Ann
Bought by
Kennedy Patricia Ann and Patricia Ann Kennedy Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Kennedy Patricia Ann and Patricia Ann Kennedy Revocable
Bought by
Kennedy Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2010
Sold by
Kennedy Patricia Ann
Bought by
Kennedy Patricia Ann and Patricia Ann Kennedy Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2010
Sold by
Kennedy Patricia Ann
Bought by
Kennedy Patricia Ann and The Patricia Ann Kennedy Revocable Livin

Purchase Details

Closed on
Nov 23, 2009
Sold by
Kennedy Patricia Ann and Harris Laurie Elaine
Bought by
Kennedy Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2007
Sold by
Wolf Diane Elizabeth and Estate Of Paul A Wolf
Bought by
Kennedy Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,495,000 Fidelity National Title Co
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $2,200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,365,000 New Conventional
Previous Owner $1,365,000 New Conventional
Previous Owner $1,365,000 New Conventional
Previous Owner $1,218,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Price Changed $3,500,000 -4.1% $1,781 / Sq Ft
01/06/2025 01/06/25 For Sale $3,650,000 +4.4% $1,858 / Sq Ft
05/10/2021 05/10/21 Sold $3,495,000 0.0% $1,779 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $3,495,000 -- $1,779 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,706 $3,783,098 $3,133,640 $649,458
2024 $44,706 $3,708,921 $3,072,197 $636,724
2023 $43,826 $3,636,198 $3,011,958 $624,240
2022 $41,762 $3,564,900 $2,952,900 $612,000
2021 $28,677 $2,423,602 $1,982,952 $440,650
2020 $28,980 $2,398,752 $1,962,620 $436,132
2019 $27,808 $2,351,719 $1,924,138 $427,581
2018 $27,746 $2,305,608 $1,886,410 $419,198
2016 $26,553 $2,216,080 $1,813,159 $402,921
2015 $25,173 $2,100,000 $1,600,000 $500,000
2014 $18,432 $1,500,000 $1,227,300 $272,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-668160

The MLS

APN: 4294-005-027