$1,300,000
SOLD FEB 20, 2025
2 Beds
2 Baths
1,780 Sq Ft
$700/mo HOA Fee

Recently Sold

$730 Per Sq Ft

6% Above List Price

15 Days on Market

Highlights

  • 0.91 Acre Lot
  • Modern Architecture
  • Built-In Features
  • Venice High School Rated A
  • Loft
  • Controlled Access

About This Home

As of February 2025

Welcome to this architectural gem in the heart of Marina del Rey's vibrant Arts District. This condo combines modern elegance with artistic flair, boasting 17-foot ceilings and a wall of windows that fill the space with an abundance of natural light. The large open-concept layout connects the contemporary kitchen, dining, and living areas, creating a perfect setting for both relaxation and entertaining. On the main level, you'll find a spacious enclosed bedroom and a sleek bathroom with a shower and oversized tub. A built-in office provides a functional workspace and ample storage. Upstairs, there's a generously sized primary bedroom with built-ins and a newly remodeled bathroom. The loft area offers additional flexibility, perfect for a home office, cozy living space, gym or even a third bedroom! Enjoy the prime location with easy access to local restaurants, shops, and entertainment. A short 10-minute walk leads you to the marina harbor center, home to KazuNori, Alfred's Coffee, Planta Cocina, and REI. Abbot Kinney Boulevard's renowned shops and eateries are also nearby. The condo comes with parking spaces equipped with an EV charger, offering both convenience and sustainability. Experience urban living at its best in this beautifully designed home.

Last Agent to Sell the Property

Tyler Kunkle

Pardee Properties License #01965642 Listed on: 01/02/2025

Last Buyer's Agent

Jim Crane

Equity Union License #01295289

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,318

Year Built

  • Built in 2006 | Remodeled

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,780 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Loft
  • Concrete Flooring

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Automatic Gate
  • Parking Garage Space
  • Controlled Entrance

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4230-005-051

Community Details

Overview

  • 36 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,318

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Del Rey Lofts
  • Entry Floor: 1
  • Living Area: 1780
  • Lot Acreage: 0.9084
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 1
  • Year Built: 2006
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area, Inside, In Unit, In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dryer, Dishwasher, Elevator, Freezer, Garbage Disposal, Washer
  • Fireplace: No
  • Price Per S Q F T: 688.15

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Gated

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 700.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4230-005-051
  • Lot Size Area: 39570

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 16, 2017
Sold by
Crucillo Joycelyn E
Bought by
Hoffer Ernest Edward and Hoffer Marcia Vila
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,068,000
Sold Price
$1,055,000
Premium/Discount to List
-$13,000
-1.22%
Current Estimated Value
$1,305,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,129
Avg. Annual Appreciation
2.75%
Original Mortgage
$426,000
Outstanding Balance
$345,687
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$959,442

Purchase Details

Listed on
Apr 27, 2015
Closed on
May 27, 2015
Sold by
Giusto Dana J
Bought by
Crucillo Joycelyn E
Seller's Agent
Jeff Curtis
Bulldog Realtors, Inc.
Buyer's Agent
Warren Selko
Berkshire Hathaway HomeServices California Properties
List Price
$925,000
Sold Price
$935,000
Premium/Discount to List
$10,000
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$701,250
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 2006
Sold by
Cld Glencoe Llc
Bought by
Giusto Dana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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 $1,055,000 Fidelity National Title Co
Grant Deed $935,000 Lawyers Title
Grant Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $426,000 Adjustable Rate Mortgage/ARM
Previous Owner $701,250 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $535,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $1,300,000 +6.1% $730 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $1,224,900 +16.1% $688 / Sq Ft
10/20/2017 10/20/17 Sold $1,055,000 -1.2% $593 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $1,068,000 +14.2% $600 / Sq Ft
07/08/2015 07/08/15 Sold $935,000 +1.1% $525 / Sq Ft
04/27/2015 04/27/15 For Sale $925,000 -- $520 / 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 $14,318 $1,200,405 $819,690 $380,715
2024 $14,318 $1,176,868 $803,618 $373,250
2023 $14,040 $1,153,793 $787,861 $365,932
2022 $13,383 $1,131,170 $772,413 $358,757
2021 $13,215 $1,108,991 $757,268 $351,723
2019 $12,815 $1,076,100 $734,808 $341,292
2018 $12,782 $1,055,000 $720,400 $334,600
2016 $11,280 $935,000 $603,400 $331,600
2015 $10,065 $840,000 $306,000 $534,000
2014 -- $635,000 $231,000 $404,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-475911

The MLS

APN: 4230-005-051