$780,000
SOLD JAN 24, 2025
2 Beds
2 Baths
970 Sq Ft
$561/mo HOA Fee

Recently Sold

$804 Per Sq Ft

8% Below List Price

57 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Automatic Gate
  • Venice High School Rated A
  • Spa
  • 1.37 Acre Lot

About This Home

As of January 2025

Stylish top-floor condo with stunning views in the heart of Trendy Marina Del Rey Art District. The Del Rey Terrace offers luxurious and upscale resort style living in a prime location. The dramatic cathedral ceilings enhance the spaciousness, with a great flow of natural light and air from the entryway through the living area and out to the private balcony. Perfect for al fresco dining, the balcony offers another space to enjoy. The unit features sleek hardwood laminate flooring throughout, complemented by a modern open kitchen with black granite countertops and stainless-steel appliances. Both master bedrooms come with en suite baths, including a skylight and travertine- style porcelain flooring. Additional highlights include central A/C and heat, dual-paned windows, and two side-by-side parking spaces. The building offers a range of amenities such as an outdoor pool and spa, Clubhouse,
media room, lounge, fitness center, common area Wi-Fi, bicycle storage, and a dog park. Enjoy the vibrant Marina lifestyle with easy access to the Marina Marketplace, restaurants, theaters, and shopping. Just minutes from Playa Vista, Cedar Sinai, Abbot Kinney, and the beaches, Costco, Ralphs, Rainbow Acres Natural Foods, AMC theater Dinning.

Last Agent to Sell the Property

Mahmoud Touazi

Coldwell Banker Realty Brokerage Phone: 323-303-1285 License #02006939 Listed on: 11/07/2024

Coldwell Banker Realty

Co-Listed By

Doug Hill

First Team Real Estate Brokerage Phone: 323-303-1285 License #02096386

Last Buyer's Agent

Qi Li

RE/MAX Galaxy License #02103670

RE/MAX Galaxy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,595

Year Built

  • Built in 2004

HOA Fees

  • $561 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Home Design

  • Mediterranean Architecture
  • Fire Rated Drywall

Interior Spaces

  • 970 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Track Lighting
  • Double Pane Windows
  • Window Screens
  • Panel Doors
  • Family Room Off Kitchen
  • Dining Room
  • Storage
  • Laminate Flooring
  • Courtyard Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Living Room Balcony
  • Exterior Lighting

Schools

  • Short Elementary School
  • Marina Del Rey Middle School
  • Venice High School

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62235
  • Assessor Parcel Number 4230007103
  • Seller Considering Concessions

Community Details

Overview

  • 96 Units
  • Del Rey Terrace Association, Phone Number (310) 370-2696
  • Scott Management Company HOA

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,595

Year Built

Built in 2004

Lot Details

0

HOA Fees

$561 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Automatic Gate, Card/Code Access, Fire and Smoke Detection System
  • Subdivision Name Other: Del Rey Terrace
  • View: Yes
  • Zoning: LACM (GM)
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4230007103
  • Year Built: 2004
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 970.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Pantry, Storage, Track Lighting
  • Stories: 1
  • Entry Location: Bottom Level
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 804.12
  • Room Type: Main Floor Bedroom
  • Spa Features: Community
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Courtyard
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Door Opener, Gated, Guest, Private, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Meeting Room, Trash
  • Association Fee: 561.23
  • Association Fee Frequency: Monthly
  • Association Name: DEL REY TERRACE
  • Phone: (310) 370-2696
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: SCOTT MANAGEMENT COMPANY

Schools

  • School District: Los Angeles Unified
  • Elementary School: Short
  • Middle School: Marina Del Rey
  • High School: Venice
  • Elementary School: Short
  • High School: Venice
  • Middle Or Junior School: Marina Del Rey
  • Elementary School #2: SHORT
  • High School2: VENICE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 59478.00
  • Lot Size Acres: 1.3654

Multi Family

  • Lease Considered: No
  • Lot Size Area: 59478.0000 Square Feet
  • Number Of Units In Community: 96
  • Number Of Units Total: 96

Tax Info

  • Tax Census Tract: 2754.00
  • Tax Lot: 1
  • Tax Tract Number: 62235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Jan 13, 2025
Sold by
Touazi Omar
Bought by
Fang Hong
Seller's Agent
Mahmoud Touazi
Coldwell Banker Realty
Buyer's Agent
Qi Li
RE/MAX Galaxy
List Price
$850,000
Sold Price
$780,000
Premium/Discount to List
-$70,000
-8.24%
Total Days on Market
57
Views
104
Current Estimated Value
$796,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,113
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Nov 18, 2020
Sold by
Touazi Omar
Bought by
Touazi Omar and Touazi Mahmoud Millian

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 25, 2018
Sold by
Nguyen Brian and Chang Edward
Bought by
Touazi Omar
Seller's Agent
Lisa Derose
Estate Properties
Buyer's Agent
Kristine Halverson
Compass
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 24, 2018
Sold by
Touazi Rabha
Bought by
Touazi Omar
Seller's Agent
Lisa Derose
Estate Properties
Buyer's Agent
Kristine Halverson
Compass
List Price
$799,000
Sold Price
$799,000

Purchase Details

Closed on
Jun 11, 2014
Sold by
Chang Edward
Bought by
Chang Edward and Edward Chang Family Trust

Purchase Details

Closed on
Aug 27, 2012
Sold by
Nguyen Brian and Chang Edward
Bought by
Nguyen Brian and Chang Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Nguyen Brian Thein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,130
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Dambrosio Vito
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 1, 2007
Sold by
Dambrosio Vito
Bought by
Dambrosio Vito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2007
Sold by
Dambrosio Vito and Dambrosio Shery Beall
Bought by
Dambrosio Vito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Beall Sherry
Bought by
Dambrosio Vito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 3, 2006
Sold by
Drt Lp
Bought by
Beall Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 2006
Sold by
Dambrosio Vito
Bought by
Beall Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $780,000 Ticor Title
Grant Deed -- Ticor Title Company
Interfamily Deed Transfer -- Progressive Title Co
Interfamily Deed Transfer -- Progressive Title Co
Grant Deed $799,000 Progressive Title Company
Interfamily Deed Transfer -- Progressive Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lsi Title Company
Grant Deed $436,000 Chicago Title Company
Trustee Deed $394,624 Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title Co
Quit Claim Deed -- Accommodation
Grant Deed $630,000 United Title Company
Interfamily Deed Transfer -- United Title Company La Titl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $299,000 New Conventional
Previous Owner $305,130 New Conventional
Previous Owner $560,000 New Conventional
Previous Owner $504,000 Fannie Mae Freddie Mac
Previous Owner $94,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $780,000 -7.0% $804 / Sq Ft
12/16/2024 12/16/24 Price Changed $839,000 -1.3% $865 / Sq Ft
11/07/2024 11/07/24 For Sale $850,000 0.0% $876 / Sq Ft
11/12/2022 11/12/22 Rented $3,500 0.0% --
11/01/2022 11/01/22 Under Contract -- -- --
10/13/2022 10/13/22 For Rent $3,500 +9.4% --
12/28/2018 12/28/18 Rented $3,200 0.0% --
12/06/2018 12/06/18 Under Contract -- -- --
11/01/2018 11/01/18 For Rent $3,200 0.0% --
10/23/2018 10/23/18 Sold $799,000 0.0% $768 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $799,000 -- $768 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,595 $891,296 $564,674 $326,622
2024 $10,595 $873,820 $553,602 $320,218
2023 $10,390 $856,688 $542,748 $313,940
2022 $9,904 $839,891 $532,106 $307,785
2021 $9,781 $823,423 $521,673 $301,750
2020 $9,884 $814,980 $516,324 $298,656
2019 $9,485 $799,000 $506,200 $292,800
2018 $6,009 $494,503 $193,535 $300,968
2016 $5,745 $475,303 $186,021 $289,282
2015 $5,661 $468,164 $183,227 $284,937
2014 $5,685 $458,994 $179,638 $279,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24218020

California Regional Multiple Listing Service (CRMLS)

APN: 4230-007-103