NOT LISTED FOR SALE

4003 Ocean Front Walk Unit 5 Marina Del Rey, CA 90292

Estimated Value: $1,749,000 - $3,098,000

3 Beds
3 Baths
1,654 Sq Ft
0.3 Acres

Highlights

  • Ocean View
  • 13,172 Sq Ft lot
  • Fireplace in Primary Bedroom
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Atrium Room
  • Traditional Architecture

About This Home

As of December 2013

Fantastic opportunity to live in an ocean-front, on-the-sand condo on the prestigious Marina Del Rey Peninsula. 3 bedrooms (or 2 plus office) and 2.5 baths to settle in and enjoy life on the beach. Peaceful, soothing location in small building. Stainless steel appliances in the kitchen, pretty sun-lit atrium separating bedrooms, spacious Master suite with fireplace, and a sun-sational sunken living room with doors opening to ocean breezes and a lovely beach garden. Lease available immediately. Long term preferred.

Last Agent to Rent the Property

Robin Walpert

Sotheby's International Realty License #01237116 Listed on: 10/28/2013

Sotheby's International Realty

Last Renter's Agent

Robin Walpert

Sotheby's International Realty License #01237116 Listed on: 10/28/2013

Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,921

Year Built

  • Built in 1971

Lot Details

  • 0.3

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,654 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Atrium Room
  • Ocean Views
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $9,000
  • Tenant pays for cable TV, gas, move out fee, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4225-011-036

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 10 Units
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$26,921

Year Built

Built in 1971

Lot Details

0

Rental Info

  • Security Deposit: 9000
  • Tenant Pays: Cable TV, Gas, Move Out Fee, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: none
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 1654
  • Stories: 1
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Intercom, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2.99

Exterior Features

  • Balcony: Patio
  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Pet Rules, Controlled Access
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4225-011-036
  • Geocode Override: No
  • Lot Size Area: 13172

Multi Family

  • Number Of Units: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2020
Sold by
Velez Martha
Bought by
Smith Mark Halliwell and Smith Diane Shander
Current Estimated Value
$2,415,733

Purchase Details

Closed on
Jun 5, 2013
Sold by
Velez Martha
Bought by
Velez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2003
Sold by
Frankel Hyman H and Frankel Martha V
Bought by
Frankel Martha

Purchase Details

Closed on
Dec 6, 1994
Sold by
Coast Federal Bank Fsb
Bought by
Frankel Hyman H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 1994
Sold by
Coast Fed Services
Bought by
Coast Federal Bank Fsb
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
Smith Mark Halliwell $2,100,000 Chicago Title Company
Velez Martha -- Servicelink
Frankel Martha -- --
Frankel Hyman H $439,000 Continental Lawyers Title Co
Coast Federal Bank Fsb $568,898 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velez Martha $273,000
Previous Owner Frankel Hyman H $307,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2013 12/18/13 Rented $4,700 -5.1% --
11/15/2013 11/15/13 Under Contract -- -- --
10/28/2013 10/28/13 For Rent $4,950 +1.0% --
01/20/2012 01/20/12 Rented $4,900 -6.7% --
01/20/2012 01/20/12 Under Contract -- -- --
09/19/2011 09/19/11 For Rent $5,250 -- --
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 $26,921 $2,273,106 $1,190,674 $1,082,432
2024 $26,921 $2,228,536 $1,167,328 $1,061,208
2023 $26,394 $2,184,840 $1,144,440 $1,040,400
2022 $25,153 $2,142,000 $1,122,000 $1,020,000
2021 $24,852 $2,100,000 $1,100,000 $1,000,000
2020 $8,262 $674,231 $443,400 $230,831
2019 $7,932 $661,011 $434,706 $226,305
2018 $7,899 $648,051 $426,183 $221,868
2016 $7,547 $622,888 $409,635 $213,253
2015 $7,436 $613,532 $403,482 $210,050
2014 $7,464 $601,515 $395,579 $205,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-713353

The MLS

APN: 4225-011-036