NOT LISTED FOR SALE

5005 Ocean Front Walk Marina Del Rey, CA 90292

Estimated Value: $5,446,606 - $5,633,000

2 Beds
2 Baths
1,800 Sq Ft
$3,069/Sq Ft Est. Value

Highlights

  • Ocean View
  • Contemporary Architecture
  • Built-In Features
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of November 2021

: Rare oceanfront unit with your own private sand frontage, including a private paved patio. This architectural designed unit was finished with the finest materials available. The superb entertainers open floor plan features an open concept kitchen, living and dining areas all with unobstructed, head on sand and ocean views. The chefs gourmet kitchen is finished with an island, stainless appliances, and an oversized Subzero refrigerator. Hardwood floors cover the entire condo and the ample sized master bedroom features two walk in closets. The bathrooms are finished in stone slab countertops, and laundry is in unit. This is a fantastic example of California beach living at its finest, on one of the last great beaches in California.Please see Virtual tour for more photos. 5005 & 5007 were leased out together.

Last Agent to Rent the Property

Greg Davis

Rodeo Realty License #01312562 Listed on: 10/25/2021

Rodeo Realty

Last Renter's Agent

Roger Perry

Rodeo Realty License #01882885

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,798

Year Built

  • Built in 1963

Lot Details

  • 3,642 Sq Ft Lot
  • West Facing Home
  • Gated Home
  • Property is zoned LAR3

Property Views

  • Ocean
  • Coastline

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Center Hall

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

Listing and Financial Details

  • Security Deposit $18,000
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4294-006-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,798

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Security Deposit: 18000
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1800
  • Lot Acreage: 0.0836
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Microwave, Garbage Disposal, Freezer, Dryer, Dishwasher, Built-Ins, Washer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 5.00

Exterior Features

  • Direction Faces: West
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Carport
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4294-006-002
  • Lot Size Area: 3642

Multi Family

  • Number Of Units: 2

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Asset Default Management Inc
Bought by
Scapa Jeffry
Current Estimated Value
$5,524,202

Purchase Details

Closed on
May 15, 2012
Sold by
Stronghold Capital Llc
Bought by
5007 Holdings Llc

Purchase Details

Closed on
Apr 7, 2006
Sold by
Yoon Jun I and The Jun I Yoon Trust
Bought by
Stronghold Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,260,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1994
Sold by
Yoon Jun I
Bought by
Yoon Jun I and Jun I Yoon Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Scapa Jeffry -- None Listed On Document
Scapa Jeffry -- None Listed On Document
5007 Holdings Llc -- First American Title Company
Stronghold Capital Llc -- Equity Title Company
Yoon Jun I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stronghold Capital Llc $4,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Rented $18,000 +100.0% --
11/02/2021 11/02/21 Under Contract -- -- --
10/25/2021 10/25/21 For Rent $9,000 -55.0% --
08/14/2020 08/14/20 Rented $20,000 +122.2% --
04/28/2020 04/28/20 For Rent $9,000 -- --
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 $62,798 $8,450,000 $6,760,000 $1,690,000
2024 $62,798 $5,202,000 $4,161,600 $1,040,400
2023 $61,563 $5,100,000 $4,080,000 $1,020,000
2022 $80,314 $6,857,342 $5,183,253 $1,674,089
2021 $79,368 $6,722,885 $5,081,621 $1,641,264
2019 $76,959 $6,523,483 $4,930,899 $1,592,584
2018 $76,773 $6,395,572 $4,834,215 $1,561,357
2016 $73,490 $6,147,227 $4,646,498 $1,500,729
2015 $65,189 $5,450,000 $4,119,500 $1,330,500
2014 $66,658 $5,450,000 $4,119,500 $1,330,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2021

    Greg Davis

    Rodeo Realty

    (310) 503-4161

    1 in this area

    11 Total Sales

    Greg Davis
    Section Image
  • Roger Perry

    Tenant's Agent in 2021

    Roger Perry

    Rodeo Realty

    (213) 999-1838

    1 in this area

    99 Total Sales

    Roger Perry
    Section Image
  • Rita Nickels

    Buyer's Agent in 2020

    Rita Nickels

    Compass

    (310) 418-0323

    9 Total Sales

    Rita Nickels
    Section Image
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Map

Source: The MLS

MLS Number: 21-798764

The MLS

APN: 4294-006-002

California Los Angeles County Marina Del Rey 90292

5005 Ocean Front Walk, Marina Del Rey, CA

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