NOT LISTED FOR SALE

25 Spinnaker St Unit 12 Marina Del Rey, CA 90292

Estimated Value: $1,590,232 - $2,000,000

2 Beds
1.5 Baths
1,446 Sq Ft
0.41 Acres

Last Sold August 18, 2023

Last sale price $1,595,000 $1,103 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,688/month

Highlights

  • Ocean View
  • 0.41 Acre Lot
  • Bamboo Flooring
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Midcentury Modern Architecture
  • Loft

About This Home

As of February 2024

Arrive into the epitome of coastal luxury with this exquisitely updated condo, nestled in the tranquil Marina Peninsula. A serene oasis on a peaceful street, this top-floor gem boasts 2 bedrooms plus a versatile loft, ideal for a chic home office or an extra bedroom, ensuring ample space for your dreams and desires. Revel in breathtaking ocean and canal views from the front balcony, a picturesque spot for morning coffees or sunset gazing. The heart of this home is its open-concept kitchen, a culinary delight featuring sleek stainless appliances, seamlessly blending into the inviting living room adorned with a cozy fireplace. The elegant flooring throughout adds a touch of natural warmth in the bedrooms and loft, crafting a haven of comfort and style. But the true crown jewel is the spacious private roof deck, an entertainer's paradise offering an exclusive retreat for intimate gatherings or grand celebrations under the sky. Convenience is at your fingertips with a 2-car tandem parking in the carport and in-unit laundry facilities. Just moments from the sandy beach and minutes from the iconic Venice Pier, Canals, Washington Square, and the vibrant scene of Abbot Kinney shops and restaurants, this condo is not just a living space it's a lifestyle choice for those who seek a blend of tranquility, luxury, and the vibrant pulse of coastal living.

Last Agent to Rent the Property

Monica Iris Antola

Rodeo Realty - Pacific Palisades License #01826288 Listed on: 12/13/2023

Rodeo Realty - Pacific Palisades

Last Renter's Agent

Monica Iris Antola

Rodeo Realty - Pacific Palisades License #01826288 Listed on: 12/13/2023

Rodeo Realty - Pacific Palisades

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,313

Year Built

  • Built in 1967

Lot Details

  • 0.41

Property Views

  • Ocean
  • Canal

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,446 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Tandem Parking
  • Assigned Parking

Additional Features

  • Open Patio
  • Heating System Mounted To A Wall or Window

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $6,360
  • Tenant pays for insurance, cable TV
  • Rent includes electricity, trash collection, water
  • Negotiable Lease Term
  • Assessor Parcel Number 4294-005-055

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,313

Year Built

Built in 1967

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Rent Includes: Electricity, Trash Collection, Water
  • Security Deposit: 6360
  • Tenant Pays: Insurance, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Condo/Apt
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Exclusive listing of Antola Properties Group | Berkshire Hathaway HomeServices CA Properties - Experience beachside living in this updated Marina Peninsula condo. Top-floor unit offers 2 beds + versatile loft, ideal for an office/extra room. Enjoy ocean views from the balcony, modern kitchen with stainless appliances, cozy fireplace in the living room. Elegant floors throughout the condo. Spacious private roof deck, perfect for hosting. Includes 2-car tandem parking, laundry in unit. Just steps to the beach, close to Venice Pier, Washington Square, and Abbot Kinney's vibrant shops and dining.
  • Lease Terms: Negotiable
  • Living Area: 1446
  • Lot Acreage: 0.4102
  • Stories: 2
  • Year Built: 1967
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Bamboo, Vinyl Plank
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Ceiling Fan, Microwave, Range/Oven, Washer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 4.40

Exterior Features

  • Pool: No
  • View: Canal, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Tandem, Assigned
  • Total Parking: 2

Utilities

  • Heating: Electric, Wall Electric, Wall

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4294-005-055
  • Lot Size Area: 17868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Jul 24, 2023
Sold by
Farmer Family Trust
Bought by
Starwest Associates Llc
Seller's Agent
Kacey Barnett
Sail Realty
Buyer's Agent
Monica Iris Antola
Rodeo Realty - Pacific Palisades
List Price
$1,595,000
Sold Price
$1,595,000
Views
23
Current Estimated Value
$1,731,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,058
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Aug 19, 2015
Sold by
Mcaleer Phelim
Bought by
Farmer George T and Farmer Christy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2010
Sold by
Lecanu Fayet Reynald
Bought by
Mcaleer Phelim and Mcelhinney Ann

Purchase Details

Closed on
May 29, 2002
Sold by
Lecanu Fayet Reynald
Bought by
Lecanu Fayet Reynald and Lecanu Fayet Mimi Haddon

Purchase Details

Closed on
Aug 29, 2001
Sold by
Campbell Clara A
Bought by
Lecanu Fayet Reynald and Lecanu Fayet Mimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
6.62%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Cibrowski Thomas M
Bought by
Campbell Clara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.25%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Sigwart Forrest L
Bought by
Cibrowski Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.75%

Purchase Details

Closed on
Aug 23, 1995
Sold by
Hoitenga Douglas F
Bought by
Sigwart Forrest L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

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Average Value
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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
Starwest Associates Llc $1,595,000 Fidelity National Title
Farmer George T $1,260,000 Fidelity National Title Co
Mcaleer Phelim $1,000,000 Equity Title Los Angeles
Lecanu Fayet Reynald -- --
Lecanu Fayet Reynald $547,500 First American Title Co
Campbell Clara A $445,000 First American Title Co
Cibrowski Thomas M $325,000 Southland Title Company
Sigwart Forrest L $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farmer George T $945,000
Previous Owner Lecanu Fayet Reynald $438,000
Previous Owner Campbell Clara A $356,000
Previous Owner Cibrowski Thomas M $243,750
Previous Owner Sigwart Forrest L $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2024 02/05/24 Rented $6,000 -5.7% --
12/13/2023 12/13/23 For Rent $6,360 0.0% --
08/18/2023 08/18/23 Sold $1,595,000 0.0% $1,103 / Sq Ft View Prior Sale
07/18/2023 07/18/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $1,595,000 0.0% $1,103 / Sq Ft
10/09/2019 10/09/19 Rented $4,995 0.0% --
10/04/2019 10/04/19 For Rent $4,995 0.0% --
10/02/2019 10/02/19 Off Market $4,995 -- --
09/04/2019 09/04/19 Price Changed $4,995 -7.4% $3 / Sq Ft
08/29/2019 08/29/19 Price Changed $5,395 +1.9% $4 / Sq Ft
08/09/2019 08/09/19 Price Changed $5,295 -3.7% $4 / Sq Ft
07/12/2019 07/12/19 For Rent $5,500 -- --
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 $19,313 $1,626,900 $1,294,890 $332,010
2024 $19,313 $1,595,000 $1,269,500 $325,500
2023 $17,377 $1,433,657 $1,134,866 $298,791
2022 $16,562 $1,405,547 $1,112,614 $292,933
2021 $16,361 $1,377,989 $1,090,799 $287,190
2019 $15,866 $1,337,120 $1,058,447 $278,673
2018 $15,827 $1,310,903 $1,037,694 $273,209
2016 $15,143 $1,260,000 $997,400 $262,600
2015 $12,929 $1,074,027 $912,925 $161,102
2014 $12,969 $1,052,990 $895,043 $157,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-338925

The MLS

APN: 4294-005-055