NOT LISTED FOR SALE

4011 1/2 Ocean Front Walk Marina Del Rey, CA 90292

Estimated Value: $2,471,424 - $3,336,000

2 Beds
2.5 Baths
1,926 Sq Ft
$550/mo HOA Fee

Last Sold January 11, 2019

Last sale price $2,580,000 $1,340 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $19,102/month

69 Days on Market

Highlights

  • Ocean Front
  • 13,172 Sq Ft lot
  • Loft
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Contemporary Architecture
  • Furnished

About This Home

As of January 2019

Ocean Front Penthouse with private direct beach access and two story ceilings!! Views from Malibu to Catalina from this perfect Marina Peninsula location!!! Huge space - 2 bedrooms + Loft + Den + Rooftop deck - Can easily add a 3rd bedroom if you choose. The en-suite Master is very spacious with a walk in closet. Second bedroom is very comfortable with a full bath just across the hall. 1/2 bath is accessible from the living room for your guests.2 car parking in a garage. Walking distance to all of what Silicon beach has to offer.

Last Agent to Sell the Property

Jennifer Portnoy

Compass License #01215535 Listed on: 09/06/2018

Compass

Last Buyer's Agent

Jennifer Portnoy

Compass License #01215535 Listed on: 09/06/2018

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,054

Year Built

  • Built in 1971

Lot Details

  • 0.3

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 3rd floor

Interior Spaces

  • 1,926 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Loft
  • Carpet
  • Ocean Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Home Security

Parking

  • 2 Covered Spaces
  • Assigned Parking

Additional Features

  • Ocean Front
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4225-011-038

Community Details

Overview

  • 12 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,054

Year Built

Built in 1971

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Ocean Front Walk
  • Entry Floor: 3
  • Living Area: 1926
  • Planned Urban Dev: 0
  • Probate: Yes
  • Stories: 3
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1399.27

Exterior Features

  • Balcony: OCEANFRONT
  • Tennis Court Y/N: No
  • Exposure: OCEANFRONT
  • Pool: No
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

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

Utilities

  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 550.00
  • HOA: Yes
  • Unit Location: OCEANFRONT

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4225-011-038
  • Geocode Override: No
  • Lot Size Area: 13172

Rental Info

  • Court Approve: No
  • Furnished: Furnished

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Dec 3, 2018
Sold by
Preece Sara and Preece Sara
Bought by
Magnussen Ryan
Seller's Agent
Jennifer Portnoy
Compass
Buyer's Agent
Jennifer Portnoy
Compass
List Price
$2,695,000
Sold Price
$2,580,000
Premium/Discount to List
-$115,000
-4.27%
Current Estimated Value
$3,002,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,106
Avg. Annual Appreciation
2.25%
Original Mortgage
$1,548,000
Outstanding Balance
$1,348,327
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,653,779

Purchase Details

Closed on
Oct 8, 2018
Sold by
Preece Sara and Estate Of Patricia M Amens
Bought by
Preece Sara and Preece Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,548,000
Outstanding Balance
$1,348,327
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,653,779

Purchase Details

Closed on
Jan 8, 2016
Sold by
Amens Harold J
Bought by
Amens Patricia M
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
Magnussen Ryan $2,580,000 Usa National Title
Preece Sara -- None Available
Amens Patricia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnussen Ryan $1,548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2019 01/11/19 Sold $2,580,000 -4.3% $1,340 / Sq Ft
09/06/2018 09/06/18 For Sale $2,695,000 -- $1,399 / 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
2025 $34,054 $2,878,034 $1,985,621 $892,413
2024 $34,054 $2,821,603 $1,946,688 $874,915
2023 $33,386 $2,766,278 $1,908,518 $857,760
2022 $31,816 $2,712,039 $1,871,097 $840,942
2021 $31,436 $2,658,862 $1,834,409 $824,453
2020 $31,768 $2,631,600 $1,815,600 $816,000
2019 $10,111 $852,171 $553,555 $298,616
2018 $10,072 $835,462 $542,701 $292,761
2016 $9,622 $803,022 $521,628 $281,394
2015 $9,479 $790,961 $513,793 $277,168
2014 $9,510 $775,468 $503,729 $271,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-382944

The MLS

APN: 4225-011-038