$2,075,000
SOLD APR 18, 2024 RENTED FEB 1, 2025

116 Driftwood St Marina Del Rey, CA 90292

4 Beds
4 Baths
2,208 Sq Ft
2,455 Sq Ft Lot

Recently Sold

$940 Per Sq Ft

31 Days on Market

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • Shutters
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Granite Countertops
  • Double Pane Windows

About This Home

As of April 2024

LET'S WALK TO THE BEACH!! Located in Marina Del Rey, this remodeled 2-story Duplex is just 1 block from the sand. Each unit offers 2-bedrooms 2-baths with approximate 1,100 square feet of living space per unit. Features include updated kitchens with newer appliances, granite counter tops, tiled floors, inside laundry, 2-car attached garage plus one additional uncovered parking space. BOTH UNITS WILL BE DELIVERED VACANT AT CLOSING.

Last Agent to Sell the Property

John Capiro

Compass License #00925696 Listed on: 02/12/2024

Compass

Last Buyer's Agent

Daniel Damico

Douglas Elliman of California, Inc. License #02005038

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,957

Year Built

  • Built in 1967

Lot Details

  • 2,455 Sq Ft Lot
  • North Facing Home
  • Property is zoned LAR3

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Shutters
  • Blinds
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Porcelain Tile

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Sewer in Street

Community Details

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 4225-007-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,957

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2208
  • Lot Acreage: 0.0564
  • Stories: 2
  • Year Built: 1967
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 2
  • Flooring: Porcelain, Tile
  • Appliances: Free Standing Gas, Range Hood
  • Bedrooms: 4
  • Bedroom Features: WalkInCloset
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub, Shower Stall, Tile, Remodeled
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Ceiling Fan, Garbage Disposal, Hood Fan, Range/Oven, Ice Maker, Stackable W/D Hookup, Vented Exhaust Fan, Microwave
  • Price Per S Q F T: 939.76
  • Windows: Double Pane Windows, Window Shutters, Mini Blinds

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Slab
  • Paved: Yes
  • Roof: Flat
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Parking Garage: Garage - 2 Car, Garage Is Attached, Door Opener, Uncovered
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Sewer: In Street Paid
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 17.22
  • Assessed Improvement Value: 305472
  • Assessed Land Percent: 82.78
  • Assessed Land Value: 1468014
  • Total Assessed Value: 1773486
  • Assessor Parcel Number: 4225-007-012
  • Lot Size Area: 2455

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.29
  • Number Of Units: 2
  • Number Wall A C: 2
  • Total Annual Expense: 29138
  • Type Of Units: Duplex
  • Vacancy Allow: 3600
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3%

Tax Info

  • Private Transfer Taxes: No

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

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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 $2,075,000 Fidelity National Title
Grant Deed -- Fidelity National Title
Grant Deed -- Fidelity National Title
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Pct
Quit Claim Deed -- Old Republic Title Company
Grant Deed $1,020,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $305,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $325,000 Purchase Money Mortgage
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: 24-357669

The MLS

APN: 4225-007-012