$1,150,000
SOLD SEP 4, 2018
2 Beds
2 Baths
1,340 Sq Ft
$449/mo HOA Fee

Recently Sold

$858 Per Sq Ft

14 Days on Market

Highlights

  • Gated Parking
  • 11,522 Sq Ft lot
  • Community Fire Pit
  • Venice High School Rated A
  • Contemporary Architecture
  • Elevator

About This Home

As of October 2024

Rare stunning top floor loft in the heart of the Marina del Rey arts district. High ceilings throughout, with floor to ceiling windows and nearly 11 foot Fleetwood sliding doors let in an abundance of natural light. The stylish open living space leads to an expansive patio, creating true California indoor/outdoor living. Open designer kitchen with stainless steel appliances and beautiful finishes. Spacious master bedroom with a partial wall for added privacy and adjacent master bath featuring an oversized soaking tub and separate shower. The second bedroom was enclosed and also has its own bathroom. Quiet location in the complex, gleaming wood floors, laundry closet with washer + dryer, central heating/AC and two parking spaces complete this perfect home. Outdoor lounge area with fireplace, outdoor kitchen and guest parking make it perfect for entertaining. Walking distance to great shops, restaurants, Equinox, Marina Marketplace & close to the beach. This one has it all!

Last Agent to Sell the Property

Sabine Pleissner

Compass License #01908450 Listed on: 07/27/2018

Compass

Last Buyer's Agent

William Henry

Coldwell Banker Realty License #01149920

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,265

Year Built

  • Built in 2011

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,340 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Property Views

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4230-030-153

Community Details

Overview

  • 100 Units

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,265

Year Built

Built in 2011

Lot Details

0

HOA Fees

$449 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Gallery Lofts
  • Entry Floor: 4
  • Living Area: 1340
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2011
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Washer
  • Price Per S Q F T: 857.46

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Gated Underground, Parking for Guests - Onsite

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Fire Pit
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 449.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4230-030-153
  • Geocode Override: No
  • Lot Size Area: 11522

Multi Family

  • Number Of Units: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2024
Closed on
Sep 12, 2024
Sold by
Drachkovitch Christopher and Drachkovitch Family Trust
Bought by
Cleveland Patrick
Seller's Agent
William Henry
Coldwell Banker Realty
Buyer's Agent
Melissa Misner
Pardee Properties
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Views
48
Current Estimated Value
$1,254,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,304
Avg. Annual Appreciation
-1.68%
Original Mortgage
$433,500
Outstanding Balance
$430,631
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$828,093

Purchase Details

Closed on
Nov 27, 2018
Sold by
Drachkovitch Radoye R and Drachkovitch Stephanie N
Bought by
Drachkovitch Radoye R and Drachkovitch Stephanie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 10, 2018
Sold by
Bonilla Alonso and Pucci Daniela Calderon
Bought by
Drachkovitch Christopher
Seller's Agent
Sabine Pleissner
Compass
Buyer's Agent
William Henry
Coldwell Banker Realty
List Price
$1,149,000
Sold Price
$1,150,000
Premium/Discount to List
$1,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%

Purchase Details

Listed on
Oct 27, 2014
Closed on
Feb 10, 2015
Sold by
Liang John Young
Bought by
Bonill Alonso and Pucci Daniela Calderon
Seller's Agent
Dion Cheng
Omni Real Estate
Buyer's Agent
Sabine Pleissner
Compass
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$625,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Marina Lofts Marketing Llc
Bought by
Liang John Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,537
Interest Rate
3.98%
Mortgage Type
New Conventional
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 $1,275,000 Equity Title - Los Angeles
Interfamily Deed Transfer -- Service Link
Interfamily Deed Transfer -- Servicelink
Grant Deed $1,150,000 Priority Title Company
Grant Deed $885,000 Priority Title
Grant Deed $618,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $433,500 New Conventional
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Previous Owner $625,500 New Conventional
Previous Owner $463,537 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $1,275,000 -1.1% $951 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $1,289,000 -0.5% $962 / Sq Ft
07/02/2024 07/02/24 Price Changed $1,295,000 -0.3% $966 / Sq Ft
05/27/2024 05/27/24 For Sale $1,299,000 +13.0% $969 / Sq Ft
09/04/2018 09/04/18 Sold $1,150,000 +0.1% $858 / Sq Ft
07/27/2018 07/27/18 For Sale $1,149,000 +29.8% $857 / Sq Ft
02/12/2015 02/12/15 Sold $885,000 -1.6% $702 / Sq Ft
10/27/2014 10/27/14 For Sale $899,000 -- $713 / 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 $15,265 $1,257,690 $432,601 $825,089
2023 $14,968 $1,233,030 $424,119 $808,911
2022 $14,265 $1,208,853 $415,803 $793,050
2021 $14,090 $1,185,150 $407,650 $777,500
2019 $13,662 $1,150,000 $395,560 $754,440
2018 $11,327 $934,791 $373,916 $560,875
2016 $10,835 $898,495 $359,398 $539,097
2015 $7,825 $645,871 $373,832 $272,039
2014 $7,853 $633,221 $366,510 $266,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-367956

The MLS

APN: 4230-030-153