3111 Ocean Front Walk Marina Del Rey, CA 90292
Estimated payment $64,248/month
Highlights
- Ocean View
- Open Floorplan
- Home Security System
- Coeur D'Alene Avenue Elementary School Rated A-
- High Ceiling
- Laundry Room
About This Home
Welcome to this stunning coastal property located just steps from Venice Pier in one of Los Angeles’s most desirable areas. This iconic mixed-use property blends residential and commercial spaces, offering incredible investment potential. Spanning nearly 8,000 square feet across four levels, the property boasts expansive views, luxurious living, and commercial flexibility. Enjoy 270-degree ocean to city views, Pacific Ocean, Santa Monica mountains, Venice Pier, and the city skyline. At 45 feet tall, each level offers breathtaking panoramic views, providing the perfect backdrop for a dream lifestyle. The ground level features two commercial retail spaces totaling 1,400 square feet, ideal for high-traffic businesses, event rentals, or creative spaces. The second level offers two ocean-view 2-bedroom, 2-bathroom apartments, each nearly 1,400 square feet, combining luxury living with prime real estate investment. At the top, the owner’s penthouse spans 3,800 square feet, with soaring ceilings, an open floor plan, and glass walls framing incredible views from the Santa Monica mountains to the Pacific Ocean. In addition, experience sunrise to sunset views from a unique motorized loft currently being utilized as the primary bedroom. This property offers endless opportunities, whether as a boutique hotel, luxury Airbnb, or residence with office space. With flexible options for residential leasing, commercial ventures, and event hosting, it’s primed for substantial income generation. The property holds the potential for transformation into a consistent income generator. The building includes 11 parking spaces across three garages with private access, adding convenience for tenants, guests, and businesses. Outdoor space is plentiful, ideal for additional lifestyle features or enhancing event-hosting potential. Located on the beach, world-class dining, shopping, and outdoor activities, this property offers an unbeatable coastal lifestyle and provides endless opportunities in one of Los Angeles’s most coveted locations. With its iconic design, breathtaking views, and versatile possibilities, this property stands as one of the most exceptional investment opportunities. Seize the chance to own this coastal gem and unlock its full potential. With its unique blend of luxury, flexibility, and location, this is truly a one-of-a-kind opportunity!
Listing Agent
eXp Realty of Greater Los Angeles, Inc. Brokerage Email: kevin@kevinscottrealestate.com License #01958725 Listed on: 10/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1992
Lot Details
- 5,039 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Level Lot
Parking
- 11 Car Garage
Property Views
- Ocean
- Coastline
- Panoramic
Home Design
- Split Level Home
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 8,000 Sq Ft Home
- 3-Story Property
- Open Floorplan
- High Ceiling
- Decorative Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Home Security System
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 9 Bathrooms
Accessible Home Design
- Accessible Elevator Installed
- Accessible Parking
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 4 / 25
- Tax Tract Number 67
- Assessor Parcel Number 4225001002
- $732 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 5 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $5,000
- Insurance Expense $5,000
- Trash Expense $2,500
- Water Sewer Expense $2,000
- Operating Expense $14,500
Map
Home Values in the Area
Average Home Value in this Area
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 | $41,908 | $3,501,199 | $1,920,492 | $1,580,707 |
| 2024 | $41,908 | $3,432,549 | $1,882,836 | $1,549,713 |
| 2023 | $41,094 | $3,365,245 | $1,845,918 | $1,519,327 |
| 2022 | $39,178 | $3,299,261 | $1,809,724 | $1,489,537 |
| 2021 | $38,676 | $3,234,571 | $1,774,240 | $1,460,331 |
| 2019 | $37,512 | $3,138,634 | $1,721,616 | $1,417,018 |
| 2018 | $37,392 | $3,077,093 | $1,687,859 | $1,389,234 |
| 2016 | $35,725 | $2,957,608 | $1,622,318 | $1,335,290 |
| 2015 | $35,200 | $2,913,183 | $1,597,950 | $1,315,233 |
| 2014 | $35,310 | $2,856,119 | $1,566,649 | $1,289,470 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2026 01/19/26 | Price Changed | $11,700,000 | -2.1% | $1,463 / Sq Ft |
| 10/01/2025 10/01/25 | For Sale | $11,950,000 | -- | $1,494 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Old Republic Title Company | |
| Individual Deed | $1,800,000 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,500,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25229149
APN: 4225-001-002
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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