$1,135,000
SOLD NOV 1, 2024
2 Beds
2 Baths
1,340 Sq Ft
$641/mo HOA Fee

Recently Sold

$847 Per Sq Ft

1% Above List Price

9 Days on Market

Highlights

  • Gated Community
  • 0.26 Acre Lot
  • Courtyard Views
  • Venice High School Rated A
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of November 2024

Welcome to the coveted Gallery Lofts community, located in the heart of the Marina Del Rey Arts District. This modern industrial style Loft offers an open floor plan with 11ft. ceilings, floor-to-ceiling windows and lofts natural light. The living room flows seamlessly through Fleetwood sliding doors to the expansive covered balcony, designed for entertaining and to take advantage of the ocean breeze. The open-concept kitchen is equipped with European stainless-steel appliances and modern finishes. The home offers two spacious bedrooms, an open loft-style primary suite and an enclosed secondary suite - great for guests or a private office. The main bedroom suite has direct access to the patio, a large owner's closet and a spacious bathroom with a seamless glass shower and a large soaking tub. The secondary bathroom has a walk-in seamless glass shower. There are two deeded parking spaces (P153 tandem) and an adjacent private storage unit (#19) with space for bikes, surfboards and beach toys! The Gallery Lofts community offers a lush common area with WIFI, outdoor kitchen and a lounge area set around a double-sided fireplace. Security is a top priority in this gated complex with controlled access entry, cameras and secure subterranean garage parking with space for guests and EV charging stations.

Last Agent to Sell the Property

Marcus Beck

Sotheby's International Realty License #00971376 Listed on: 09/30/2024

Last Buyer's Agent

Eric Zarenko

Compass License #02068872

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,737

Year Built

  • Built in 2011

HOA Fees

  • $641 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Automatic Gate
  • Controlled Entrance

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dining Area
  • Center Hall
  • Laminate Flooring
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • <<OvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Additional Features

  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4230-030-099

Community Details

Overview

  • Association fees include trash, water and sewer paid, earthquake insurance
  • 100 Units

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Elevator
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,737

Year Built

Built in 2011

Lot Details

0

HOA Fees

$641 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Gallery Lofts
  • Entry Floor: 2
  • Exclusions: None.
  • Living Area: 1340
  • Lot Acreage: 0.2600
  • Planned Urban Dev: 1
  • Probate: No
  • Unit Floor In Building: 2
  • Year Built: 2011
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Laminate
  • Appliances: Oven
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup, Built-Ins, Dishwasher, Hood Fan
  • Inclusions: Private storage unit in garage deeded with property.
  • Price Per S Q F T: 839.55

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Community Garage, Garage - 2 Car, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Community, Fire and Smoke Detection System, Fire Sprinklers, Gated, Automatic Gate, Card/Code Access
  • Water: Public

Association/Amenities

  • Amenities: Assoc Barbecue, Fire Pit, Gated Community, Assoc Maintains Landscape, Elevator, Extra Storage
  • Pet Rules: Assoc Pet Rules, Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid, Earthquake Insurance
  • HOA Fees: 641.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4230-030-099
  • Lot Size Area: 11324

Multi Family

  • Number Of Units: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Oct 29, 2024
Sold by
Remmington Family Trust and Craig Sam
Bought by
Bercht Daniel and Perchaluk Isabelle
Seller's Agent
Marcus Beck
Sotheby's International Realty
Buyer's Agent
Eric Zarenko
Compass
List Price
$1,125,000
Sold Price
$1,135,000
Premium/Discount to List
$10,000
0.89%
Views
292
Current Estimated Value
$1,161,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,771
Avg. Annual Appreciation
3.34%
Original Mortgage
$851,250
Outstanding Balance
$847,043
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$314,728

Purchase Details

Closed on
Dec 16, 2022
Sold by
Carlie Living Trust
Bought by
Remmington Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2013
Sold by
Novotny Michael and Novotny Kate E
Bought by
Novotny Michael and Novotny Kate E

Purchase Details

Closed on
Sep 22, 2011
Sold by
Marina Lofts Marketing Llc
Bought by
Novotny Michael and Novotny Kate E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $1,135,000 Equity Title - Los Angeles
Deed -- Equity Title
Interfamily Deed Transfer -- None Available
Grant Deed $550,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $851,250 New Conventional
Previous Owner $502,500 New Conventional
Previous Owner $385,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $1,135,000 +0.9% $847 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $1,125,000 -- $840 / 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
2024 $14,737 $1,213,800 $728,280 $485,520
2023 $8,142 $663,995 $362,180 $301,815
2022 $7,761 $650,977 $355,079 $295,898
2021 $7,661 $638,214 $348,117 $290,097
2019 $7,429 $619,287 $337,793 $281,494
2018 $7,408 $607,145 $331,170 $275,975
2016 $7,081 $583,570 $318,311 $265,259
2015 $6,977 $574,805 $313,530 $261,275
2014 $7,004 $563,546 $307,389 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-381907

The MLS

APN: 4230-030-099