NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $1,498,000

2 Beds
2 Baths
1,620 Sq Ft
$671/mo HOA Fee

Last Sold October 23, 2023

Last sale price $1,262,500 $779 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,357/month

175 Days on Market

Highlights

  • Property is near a marina
  • 24-Hour Security
  • Gated Community
  • Venice High School Rated A
  • Automatic Gate
  • Engineered Wood Flooring

About This Home

As of October 2023

This stunning dual-entrance condominium in the heart of Marina del Rey Arts District is a rare find. With a bi-level loft style, this spacious 1620 sq. ft. unit offers 1 or 2 bedrooms (with the potential to convert to 3) and 1.75 baths. The unit is defined by its open and bright layout, featuring industrial detailing, 11-foot ceilings, and 8-foot doors. Floor-to-ceiling windows with motorized shades and sliding glass walls provide ample natural light and a seamless indoor-outdoor flow. The second-floor living area boasts an open stainless kitchen and a spacious balcony, connected via spiral staircase to a ground-floor office/family room or bedroom, and an enormous private patio. This corner unit with one common wall offers the perfect balance of privacy and community.Security is a top priority with gated entry and security cameras. The complex also features subterranean 2-car assigned parking spaces, subterranean electric car charging stations, and adequate guest parking. Amenities include a lush common area with 2 outdoor kitchens, a two-sided fireplace with WIFI, and a lounge area perfect for outdoor gatherings and entertainment.Located within walking distance to restaurants, markets, entertainment, and high-end shopping, this unit is also just minutes away from the Marina Marketplace shops, Abbot Kinney, Venice, the bike paths, and the beach. Don't miss out on the opportunity to own this unique and luxurious Gallery Loft condominium.

Last Agent to Sell the Property

Martin Beck

Compass License #01778125 Listed on: 05/08/2023

Compass

Last Buyer's Agent

Annika Johansson

Paragon Realty License #01887866

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,355

Year Built

  • Built in 2011

Lot Details

  • End Unit
  • Gated Home

HOA Fees

  • $671 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Automatic Gate
  • Guest Parking

Home Design

  • Modern Architecture

Interior Spaces

  • 1,620 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Blinds
  • Living Room
  • Dining Area
  • Den
  • Engineered Wood Flooring
  • Alarm System
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Property is near a marina
  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4230-030-108

Community Details

Overview

  • Association fees include trash, sewer, water
  • 100 Units
  • Association Phone (310) 370-2696

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,355

Year Built

Built in 2011

Lot Details

0

HOA Fees

$671 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Gallerey Lofts
  • Entry Floor: 2
  • Entry Location: Elevator
  • Living Area: 1620
  • Lot Acreage: 0.1552
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 2011
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Engineered Hardwood
  • Appliances: Microwave, Oven-Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Living Room, Breakfast Area
  • Kitchen Features: Open to Family Room
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Refrigerator, Dryer, Alarm System, Freezer, Vented Exhaust Fan, Range/Oven, Ice Maker
  • Inclusions: Liebherr refrigerator, Bertazzoni gas range, Miele dishwasher, LG washer and dryer
  • Price Per S Q F T: 802.47
  • Windows: Window Blinds

Exterior Features

  • Other Features: Balcony, End Unit, High Ceilings (9 Feet+)
  • Patio: Covered, Porch - Front
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Electric Vehicle Charging Station(s), Gated, Subterranean
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Central, Heat Pump(s)
  • Heating: Central, Heat Pump
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Fire and Smoke Detection System
  • Sewer: In Connected and Paid
  • Water: Public

Association/Amenities

  • Amenities: Assoc Barbecue, Picnic Area, Gated Parking, Guest Parking, Outdoor Cooking Area, Gated Community, Elevator, Security, Fire Pit
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Sewer, Water
  • HOA Fees: 671.00
  • Phone: 3103702696|
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4230-030-108
  • Lot Location: Marina
  • Lot Size Area: 6758

Multi Family

  • Number Of Units: 100

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Oct 16, 2023
Sold by
Rosenberg Kristopher
Bought by
Agan Mary
Seller's Agent
Martin Beck
Compass
Buyer's Agent
Annika Johansson
Paragon Realty
List Price
$1,399,000
Sold Price
$1,262,500
Premium/Discount to List
-$136,500
-9.76%
Views
189
Current Estimated Value
$1,359,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,655
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Apr 30, 2016
Sold by
Rosenberg Ira and Rosenberg Alice Kong
Bought by
Rosenberg Kristopher

Purchase Details

Listed on
Oct 22, 2013
Closed on
Dec 11, 2013
Sold by
Lim Preston H and Lee Angels
Bought by
Ira Rosenberg and Ira Alice Kong
Seller's Agent
Robert Dixon
Estate Properties
Buyer's Agent
Vincent Petrosino
KW Advisors
List Price
$799,900
Sold Price
$800,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$425,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 15, 2012
Closed on
Nov 5, 2012
Sold by
Marina Lofts Marketing Llc
Bought by
Lim Preston H and Lee Angels
Seller's Agent
Georgia Romero
Strategic Sales and Marketing Group Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$640,000
Sold Price
$600,000
Premium/Discount to List
-$40,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.29%
Original Mortgage
$480,000
Interest Rate
3.33%
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 Buyer Sale Price Title Company
Agan Mary $1,262,500 Consumers Title Company Of Cal
Rosenberg Kristopher -- None Available
Ira Rosenberg $800,000 Lawyers Title
Lim Preston H $600,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ira Rosenberg $425,000
Previous Owner Lim Preston H $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $1,262,500 -2.9% $779 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $1,299,999 -4.3% $802 / Sq Ft
06/30/2023 06/30/23 Price Changed $1,359,000 -2.9% $839 / Sq Ft
04/18/2023 04/18/23 For Sale $1,399,000 +74.9% $864 / Sq Ft
01/10/2014 01/10/14 Sold $800,000 0.0% $494 / Sq Ft
11/25/2013 11/25/13 Off Market $800,000 -- --
10/22/2013 10/22/13 For Sale $799,900 +33.3% $494 / Sq Ft
11/28/2012 11/28/12 Sold $600,000 -1.6% $375 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/17/2012 09/17/12 Price Changed $610,000 -4.7% $381 / Sq Ft
08/15/2012 08/15/12 For Sale $640,000 -- $400 / 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 $15,355 $1,287,750 $824,058 $463,692
2024 $15,355 $1,262,500 $807,900 $454,600
2023 $13,047 $1,070,237 $320,865 $749,372
2022 $12,436 $1,049,253 $314,574 $734,679
2021 $12,280 $1,028,680 $308,406 $720,274
2019 $11,908 $998,170 $299,259 $698,911
2018 $11,876 $978,599 $293,392 $685,207
2016 $10,019 $828,426 $500,680 $327,746
2015 $9,872 $815,983 $493,160 $322,823
2014 $7,501 $602,723 $292,019 $310,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-267863

The MLS

APN: 4230-030-108