$2,500,888
SOLD MAR 27, 2020

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

2 Beds
3 Baths
2,315 Sq Ft
$1,584/mo HOA Fee

Recently Sold

$1,080 Per Sq Ft

6% Below List Price

29 Days on Market

Highlights

  • Ocean Front
  • 9,269 Sq Ft lot
  • Contemporary Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of August 2024

Unbelievable ocean, channel and mountain views from this 2,315 square foot north corner with 2 spacious bedrooms + den + built in office + large dining space with 3 balconies. This is truly one of a kind, tastefully remodeled condo in one of the most cared for buildings on the beachfront in Marina del Rey. Custom kitchen open to the living room, den and built-in office with hardwood floors throughout. The master retreat has its own sitting room with fireplace, plenty of closet space and the ensuite bath boasts a separate tub and shower done in stone and tile. The second bedroom is also ensuite and has a spacious wardrobe. Laundry room with built-in storage, powder room, coat closet and a back door that provides beach access directly from the condo. Move-in with your toothbrush.

Last Agent to Sell the Property

Jennifer Portnoy

Compass License #01215535 Listed on: 01/06/2020

Compass

Last Buyer's Agent

Barry Gross

Barry Gross Real Estate License #00413956

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,424

Year Built

  • Built in 1976

HOA Fees

  • $1,584 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 2,315 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Center Hall
  • Wood Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 3 Full Bathrooms

Home Security

Parking

  • 4 Parking Spaces
  • Controlled Entrance

Additional Features

  • Open Patio
  • Ocean Front
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4294-007-055

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance, insurance, maintenance paid, sewer, trash, water and sewer paid
  • 14 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,424

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,584 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Essex House
  • Entry Floor: 2
  • Living Area: 2315
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1976
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Built-In And Free Standing
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Elevator, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1144.28

Exterior Features

  • Balcony: OCEANFRONT
  • Tennis Court Y/N: No
  • Exposure: OCEANFRONT
  • Pool: No
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Assigned, Community Garage, Controlled Entrance
  • Total Parking: 4

Utilities

  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Insurance, Maintenance Paid, Sewer, Trash, Water and Sewer Paid
  • HOA Fees: 1584.00
  • HOA: Yes
  • Unit Location: OCEANFRONT

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4294-007-055
  • Geocode Override: No
  • Lot Size Area: 9269

Multi Family

  • Number Of Units: 14

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
$3,477,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,297
Avg. Annual Appreciation
2.01%

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

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 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 $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 List to Sale Price per Sq Ft Prior Sale
08/27/2024 08/27/24 Sold $3,400,000 -7.8% $1,469 / Sq Ft View Prior Sale
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 View Prior Sale
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: 20-540362

The MLS

APN: 4294-007-055