$3,400,000
SOLD AUG 27, 2024

5205 Ocean Front Walk Unit 202 Marina Del Rey, CA 90292

2 Beds
2.5 Baths
2,315 Sq Ft
9,271 Sq Ft Lot

Recently Sold

$1,469 Per Sq Ft

8% Below List Price

53 Days on Market

Highlights

  • Ocean Front
  • Gourmet Kitchen
  • Fireplace in Primary Bedroom
  • Coeur D'Alene Avenue Elementary School Rated A-
  • 0.21 Acre Lot
  • Contemporary Architecture

About This Home

As of August 2024

ABSOLUTELY GORGEOUS OCEAN FRONT UNIT ON THE BEST PART OF THE BEACH! North corner unit with expansive views stretching from the Marina to the mountains in one of the peninsula's premier buildings. This spacious 2 bed / 2.5 bath condo has been meticulously remodeled with designer finishes. The cook's kitchen features a Sub Zero refrigerator and Wolf range oven. The open floor plan embraces the breathtaking views and is perfect for entertaining, with beautiful hardwood floors throughout the den, living room with fireplace, and kitchen. The sizable primary bedroom includes a sitting area with fireplace and ample closet space, while the second bedroom has its own ensuite bath. Unit comes equipped with very rare 4 dedicated parking spaces (in addition to guest parking in the building) and private garage storage. A back door provides direct access to the beach. HOA assessment has already been PAID for the installation of a private / dedicated EV charging station. This is the epitome of luxury beach living.

Last Agent to Sell the Property

Barry Gross

Barry Gross Real Estate License #00413956 Listed on: 05/31/2024

Co-Listed By

Brandon Gross

Barry Gross Real Estate License #01702346

Last Buyer's Agent

Rose Ware

Berkshire Hathaway HomeServices California Properties License #00904202

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,424

Year Built

  • Built in 1976

Lot Details

  • 9,271 Sq Ft Lot
  • Ocean Front
  • Property is zoned LAR3

HOA Fees

  • $1,584 Monthly HOA Fees

Parking

  • 4 Car Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Catalina
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,315 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Gourmet Kitchen
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Community Details

  • Community Storage Space
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 4294-007-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,424

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,584 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Essex House
  • Entry Floor: 2
  • Living Area: 2315
  • Lot Acreage: 0.2128
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1976
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Gourmet Kitchen
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1593.43

Exterior Features

  • Balcony: 3
  • Pool: No
  • Spa Yn: No
  • View: Catalina, Marina, Mountains, Ocean, Coastline
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Assigned, Community Garage
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central, Fireplace
  • Security: Carbon Monoxide Detector(s), Card/Code Access

Association/Amenities

  • Amenities: Controlled Access, Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1584.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4294-007-055
  • Lot Size Area: 9271

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Aug 20, 2024
Sold by
Sanford Lee Shadrow Separate Property Tr and Shadrow Sanford Lee
Bought by
Seibert Family 2024 Trust and Seibert
Seller's Agent
Barry Gross
Barry Gross Real Estate
Buyer's Agent
Rose Ware
Berkshire Hathaway HomeServices California Properties
List Price
$3,688,800
Sold Price
$3,400,000
Premium/Discount to List
-$288,800
-7.83%
Views
70
Current Estimated Value
$3,556,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,103
Avg. Annual Appreciation
1.37%

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 19, 2020
Sold by
Nash Susan and The Susan Nash Trust
Bought by
Shadrow Sanford Lee and Sanford Lee Shadrow Trust
Seller's Agent
Jennifer Portnoy
Compass
Buyer's Agent
Barry Gross
Barry Gross Real Estate
List Price
$2,649,000
Sold Price
$2,500,888
Premium/Discount to List
-$148,112
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$2,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2013
Closed on
May 28, 2013
Sold by
Bodner Michele
Bought by
Nash Susan E and Susan Nash Trust
Seller's Agent
Peter Bergman
Equity Union
Buyer's Agent
Ellen McCormick
Berkshire Hathaway HomeServices California Properties
List Price
$2,500,000
Sold Price
$2,185,000
Premium/Discount to List
-$315,000
-12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%

Purchase Details

Closed on
Dec 3, 2009
Sold by
Bass Howard and Bodner Michele
Bought by
Bass Howard

Purchase Details

Closed on
Jan 30, 2003
Sold by
Grayson Gerald E
Bought by
Bass Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1997
Sold by
Degroot Mary M
Bought by
Grayson Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.95%

Purchase Details

Closed on
Jun 8, 1995
Sold by
Grayson Gerald E
Bought by
Grayson Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.62%

Purchase Details

Closed on
Dec 22, 1993
Sold by
Kroft Stephen A
Bought by
Kroft Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.38%
Source: Public Records

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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 $3,400,000 Greater La Escrow Inc
Grant Deed $2,501,000 Fidelity National Title Co
Grant Deed $2,185,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,350,000 Investors Title
Individual Deed $200,000 Equity Title Company
Individual Deed $200,000 Equity Title Company
Interfamily Deed Transfer -- First American Title Co
Quit Claim Deed -- Investors Title Company
Quit Claim Deed -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Previous Owner $950,000 Unknown
Previous Owner $445,000 Purchase Money Mortgage
Previous Owner $400,000 No Value Available
Previous Owner $45,000 No Value Available
Previous Owner $106,000 No Value Available
Closed $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $3,400,000 -7.8% $1,469 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $3,688,800 +47.5% $1,593 / Sq Ft
03/27/2020 03/27/20 Sold $2,500,888 -5.6% $1,080 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $2,649,000 +21.2% $1,144 / Sq Ft
07/08/2013 07/08/13 Sold $2,185,000 -2.8% $944 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/29/2013 04/29/13 Price Changed $2,249,000 -10.0% $971 / Sq Ft
04/03/2013 04/03/13 For Sale $2,500,000 -- $1,080 / 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 $32,424 $3,400,000 $2,983,100 $416,900
2024 $32,424 $2,681,454 $804,150 $1,877,304
2023 $31,789 $2,628,878 $788,383 $1,840,495
2022 $30,296 $2,577,332 $772,925 $1,804,407
2021 $29,931 $2,526,797 $757,770 $1,769,027
2020 $29,759 $2,460,271 $1,688,975 $771,296
2019 $28,557 $2,412,031 $1,655,858 $756,173
2018 $28,488 $2,364,738 $1,623,391 $741,347
2016 $27,260 $2,272,913 $1,560,353 $712,560
2015 $26,857 $2,238,773 $1,536,916 $701,857
2014 $26,930 $2,194,919 $1,506,810 $688,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-398567

The MLS

APN: 4294-007-055