$1,921,000 - $2,405,000
RENTED FEB 1, 2025

116 Driftwood St Marina Del Rey, CA 90292

2 Beds
2 Baths
1,100 Sq Ft
$1,925 Price per Sq Ft

Last Sold April 18, 2024

Last sale price $2,075,000 $1,886 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,558/month

Highlights

  • Traditional Architecture
  • Built-In Features
  • Living Room
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of February 2025

BEACH STYLE LIVING IN MARINA DEL REY . This is a newly renovated lower unit in a townhouse style duplex located right in the heart of the Silicon Beach area of Marina Del Rey. You are just steps from the beach, a short distance to restaurants and shops in Marina Del Rey, and only four blocks from the Venice boardwalk. You are also very close to other local attractions, such as the Venice Pier, the Grand Canal, the Esplanade on Ballona Creek, and Ocean Front Walk and Bike Path. This unit has just gone through an extensive remodel and features 2 bedrooms and 2 bathrooms , new laminate flooring throughout boasting a large living/dining area and a new kitchen equipped with dishwasher, microwave, gas stove with vent hood and a large refrigerator. The unit also has a new washer/dryer as well as central heating and A/C. The spacious master bedroom has its own private adjoining bathroom with shower and huge walk-in closet. You will also have one garage parking space. The shared outdoor patio is perfect for just relaxing and enjoying the beach lifestyle. We offer custom pricing for lease terms of less than one year with a minimum lease duration of three months. Please note that the unit is unfurnished, and some photos have been virtually staged. However, there are plenty of full-service furniture rental services available for shorter lease durations. Owner pays for water and trash. Tenant pays for all other utilities. Available for immediate move in.

Last Agent to Rent the Property

Ryan Sokolowski

Berkshire Hathaway HomeServices California Properties License #01859461 Listed on: 01/16/2025

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Laith Hoffarth

Berkshire Hathaway HomeServices California Properties License #02046510

Last Renter's Agent

Ryan Sokolowski

Berkshire Hathaway HomeServices California Properties License #01859461 Listed on: 01/16/2025

Berkshire Hathaway HomeServices California Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,957

Year Built

  • Built in 1967

Lot Details

  • 2,455 Sq Ft Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • <<microwave>>
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $5,300
  • Tenant pays for cable TV, electricity, gas
  • Negotiable Lease Term
  • Assessor Parcel Number 4225-007-012

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,957

Year Built

Built in 1967

Lot Details

0

Rental Info

  • Security Deposit: 5300
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 1100
  • Lot Acreage: 0.0564
  • Stories: 2
  • Year Built: 1967
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Freezer, Dishwasher, Dryer, Microwave, Washer, Satellite, Refrigerator, Range/Oven
  • Price Per S Q F T: 4.82

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Carport
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4225-007-012
  • Lot Size Area: 2455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 25, 2024
Sold by
Garcia Jordan Alexander and Garcia Jomar Giannie
Bought by
Maroni Investments Llc
Seller's Agent
John Capiro
Compass
Buyer's Agent
Daniel Damico
Douglas Elliman of California, Inc.
List Price
$2,075,000
Sold Price
$2,075,000
Views
44
Current Estimated Value
$2,117,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,487
Avg. Annual Appreciation
1.65%

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 14, 2024
Sold by
Garcia William and Garcia Barbara
Bought by
Garcia Jordan and Garcia Jomar
Seller's Agent
John Capiro
Compass
Buyer's Agent
Daniel Damico
Douglas Elliman of California, Inc.
List Price
$2,075,000
Sold Price
$2,075,000
Views
44

Purchase Details

Closed on
Mar 27, 2015
Sold by
Garcia William and Garcia Barbara
Bought by
Garcia William and Garcia Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2009
Sold by
Mehta Rohit
Bought by
Xenon Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2009
Sold by
Xenon Investment Corp
Bought by
Garcia William and Garcia Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Estate Of Gary P Eisenberg
Bought by
Rosenthal Hugh Mathew and Eisenberg Testamentary Gary P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maroni Investments Llc $2,075,000 Fidelity National Title
Garcia Jordan -- Fidelity National Title
Garcia Jomar -- Fidelity National Title
Garcia Jordan -- None Listed On Document
Garcia William -- Pct
Xenon Investment Corp -- Old Republic Title Company
Garcia William $1,020,000 Old Republic Title Company
Rosenthal Hugh Mathew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia William $305,000
Previous Owner Garcia William $100,000
Previous Owner Garcia William $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $5,100 -3.8% --
01/16/2025 01/16/25 For Rent $5,300 0.0% --
01/15/2025 01/15/25 Under Contract -- -- --
12/04/2024 12/04/24 For Rent $5,300 0.0% --
04/18/2024 04/18/24 Sold $2,075,000 0.0% $940 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $2,075,000 -- $940 / 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
2024 $21,957 $1,808,955 $1,497,374 $311,581
2023 $21,530 $1,773,486 $1,468,014 $305,472
2022 $20,522 $1,738,713 $1,439,230 $299,483
2021 $20,270 $1,704,621 $1,411,010 $293,611
2019 $19,658 $1,654,062 $1,369,159 $284,903
2018 $19,582 $1,621,630 $1,342,313 $279,317
2016 $18,730 $1,558,663 $1,290,191 $268,472
2015 $13,212 $1,095,509 $966,627 $128,882
2014 $13,259 $1,074,051 $947,693 $126,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-469303

The MLS

APN: 4225-007-012