$925,000
$65K PRICE DROP

311 Bora Way Unit 118 Marina Del Rey, CA 90292

Estimated payment $6,346/month

Total Views 3,946
2 Beds
2 Baths
1,388 Sq Ft
$666 Price per Sq Ft

Highlights

  • Marina
  • Beach Access
  • Spa
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Marina View
  • Automatic Gate

About This Home

Bring your vision and creativity to this spacious first floor condo in the exclusive Silver Strand neighborhood of Marina del Rey. This unit offers a solid layout with an open living room featuring a fire place, dining area and an enclosed balcony with a peekaboo view of the Marina and boats. The kitchen opens to a private open-air atrium that serves as a tranquil oasis perfect for relaxing with you morning coffee. Two generous bedrooms each feature its own private en-suite bathroom and plenty of closet space. Unit also includes an in-unit laundry room with additional storage space, 2 secured tandem parking spaces, an extra storage closet in the community storage room, and a secured gated entry. This resort-style community offers pools, tennis courts two hot tubs, a gym, sauna, and a community room. Monthly HOA dues include cable, internet, water, trash, and earthquake insurance. Close to restaurants, shops, beach, bike path, farmer's markets, boats and Venice Pier, this is California living at its best.

Listing Agent

Rafael Figueroa

Raford Management Co. Brokerage Phone: 661-666-1730 License #00860084 Listed on: 07/01/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1979

HOA Fees

  • $971 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Covered Parking
  • Automatic Gate
  • Parking Lot
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,388 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Tile Flooring
  • Marina Views

Kitchen

  • Walk-In Pantry
  • Dishwasher
  • Tile Countertops
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Beach Access
  • Open Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone System
  • Cable TV Available

Additional Features

  • 1 Common Wall
  • Urban Location

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 3
  • Tax Tract Number 25464
  • Assessor Parcel Number 4295012129
  • $4,015 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 168 Units
  • Marina Tahiti HOA, Phone Number (310) 370-2696
  • Scott Management HOA

Amenities

  • Meeting Room

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Water Sports

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,015

Year Built

Built in 1979

Lot Details

0

HOA Fees

$971 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Window coverings, light fixtures, dishwasher
  • Other Phone Description: Broker cell
  • Other Phone Number: 6616661730
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System
  • Subdivision Name Other: The Shores
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4295012129
  • Year Built: 1979
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1388.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Open Floorplan, Pantry, Phone System, Tile Counters, Unfurnished
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 666.43
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Pantry
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Separate Tub And Shower

Exterior Features

  • Patio: Yes
  • View: Marina
  • Fence: No
  • Patio And Porch Features: Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Parking Space, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Electric: Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Meeting Room, Cable TV, Earthquake Insurance, Trash, Sewer, Water, Controlled Access
  • Association Fee: 971.00
  • Association Fee Frequency: Monthly
  • Association Name: Marina Tahiti HOA
  • Phone: 3103702696
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Watersports, Street Lights, Urban
  • Association Management: Scott Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size: 194654
  • Lot Size Sq Ft: 194654.00
  • Lot Size Acres: 4.4686

Green Features

  • Certified 433a: Yes

Multi Family

  • Lease Considered: No
  • Lot Size Area: 194654.0000 Square Feet
  • Number Of Units In Community: 168
  • Number Of Units Total: 168
  • Waterfront Features: Beach Access, Marina in Community

Tax Info

  • Tax Census Tract: 2742.02
  • Tax Lot: 3
  • Tax Tract: 25464
  • Tax Tract Number: 25464
  • TaxOtherAnnualAssessmentAmount: 4014.66

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,015 $327,160 $92,279 $234,881
2024 $4,015 $320,746 $90,470 $230,276
2023 $3,942 $314,458 $88,697 $225,761
2022 $3,763 $308,293 $86,958 $221,335
2021 $3,708 $302,249 $85,253 $216,996
2019 $3,598 $293,285 $82,725 $210,560
2018 $3,574 $287,535 $81,103 $206,432
2016 $3,408 $276,371 $77,954 $198,417
2015 $3,359 $272,221 $76,784 $195,437
2014 $3,378 $266,889 $75,280 $191,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $925,000 -6.6% $666 / Sq Ft
07/01/2025 07/01/25 For Sale $990,000 -- $713 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Grant Deed $190,000 Investors Title Company
Trustee Deed $75,697 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Unknown
Closed $273,750 Unknown
Closed $154,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25145489

California Regional Multiple Listing Service (CRMLS)

APN: 4295-012-129