NOT LISTED FOR SALE

5209 Ocean Front Walk Unit 202 Marina Del Rey, CA 90292

Estimated Value: $2,834,548 - $3,672,000

2 Beds
2.5 Baths
2,315 Sq Ft
$1,500/mo HOA Fee

Highlights

  • Ocean Front
  • Primary Bedroom Suite
  • 0.21 Acre Lot
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Automatic Gate
  • Contemporary Architecture

About This Home

As of July 2024

THIS IS A REMODELED CONDO ON ONE FLOOR THAT IS VERY LARGE WITH BEAUTIFUL OCEAN VIEWS FROM POINT DUME TO CATALINA AND THE SOUTH BAY! THE OPEN PLAN HAS A 30' WIDE FLOOR TO CEILING WINDOW FACING THE OCEAN AND A 10' WINDOW WALL ON THE CORNER. IT IS VERY SERENE BUT VERY CONVENIENT TO RESTAURANTS, SHOPPING AND WALKING TO ALL THAT IS AVAILABLE IN MARINA DEL REY. LOCATED AT THE SOUTH END OF THE MARINA PENINSULA, IT IS QUIET BUT HAS EASY ACCESS TO THE FREEWAYS AND THE AIRPORT. BRING YOUR FLIP-FLOPS AND MEET YOUR NEW NEIGHBOR, THE PACIFIC OCEAN!!

Last Agent to Rent the Property

Nancy Pelegrino

Pelegrino Properties License #00981527 Listed on: 04/02/2024

Last Renter's Agent

Jill Reeder

Compass License #01368477

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,194

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • Ocean Front
  • West Facing Home
  • Drip System Landscaping
  • Sprinkler System

HOA Fees

  • $1,500 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,315 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Powder Room
  • Double Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 3 Car Attached Garage
  • Automatic Gate
  • Controlled Entrance

Outdoor Features

  • Living Room Balcony

Utilities

  • Central Heating and Cooling System
  • Shared Water Source
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $19,000
  • Tenant pays for cable TV, electricity, gas
  • Rent includes trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4294-007-062

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,194

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$1,500 per month

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Rent Includes: Trash Collection, Water
  • Security Deposit: 19000
  • Tenant Pays: Cable TV, Electricity, Gas
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: ESSEX HOUSE
  • Entry Location: Other
  • Lease Terms: 1+Year
  • Living Area: 2315
  • Lot Acreage: 0.2129
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Water Filled Furn Ins Required: No
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Living Room Balcony, Mirrored Closet Door(s), Recessed Lighting
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Cement, Carpet
  • Appliances: Built-In And Free Standing, Free Standing Gas, Microwave, Oven
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 0
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Powder Room, Remodeled, Tile
  • Three Quarter Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Marble Counters, Pantry, Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3.84

Exterior Features

  • Balcony: YES
  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony, Sliding Glass Doors, Sprinkler System
  • Tennis Court Y/N: No
  • Exposure: WEST
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Catalina, City Lights, Coastline, Mountains, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Garage Is Attached, Gated Underground, Private Garage
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish - Leased
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Automatic Gate
  • Sewer: In Connected and Paid
  • Water: Mutual Water Source

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1500.00

Lot Info

  • Sprinklers: Drip System
  • Horses: No
  • Assessor Parcel Number: 4294-007-062
  • Lot Size Area: 9272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2018
Sold by
Grayson Gerald E
Bought by
Grayson Gerald and The Gerald Grayson Trust
Current Estimated Value
$3,317,387

Purchase Details

Closed on
Sep 26, 2013
Sold by
Grayson Kathleen A
Bought by
Grayson Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,000
Outstanding Balance
$622,640
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$2,694,747

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
$477,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grayson Gerald -- None Available
Grayson Gerald -- Equity Title
Grayson Gerald E $200,000 Equity Title Company
Grayson Gerald E $200,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grayson Gerald $872,000
Previous Owner Grayson Gerald E $477,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2024 07/05/24 Rented $8,300 -6.7% --
06/25/2024 06/25/24 Price Changed $8,900 -6.3% $4 / Sq Ft
04/02/2024 04/02/24 For Rent $9,500 0.0% --
05/11/2022 05/11/22 Rented $9,500 0.0% --
05/02/2022 05/02/22 Price Changed $9,500 -5.0% $4 / Sq Ft
04/05/2022 04/05/22 Price Changed $9,999 -4.8% $4 / Sq Ft
02/06/2022 02/06/22 For Rent $10,500 +10.5% --
02/22/2021 02/22/21 Rented $9,500 0.0% --
01/27/2021 01/27/21 For Rent $9,500 +18.8% --
02/25/2019 02/25/19 Rented $8,000 -5.9% --
02/05/2019 02/05/19 Price Changed $8,500 +6.3% $4 / Sq Ft
02/01/2019 02/01/19 Price Changed $7,999 -15.8% $3 / Sq Ft
10/31/2018 10/31/18 For Rent $9,500 0.0% --
03/06/2018 03/06/18 Rented $9,500 0.0% --
02/08/2018 02/08/18 For Rent $9,500 -5.0% --
08/29/2015 08/29/15 Rented $10,000 +14.3% --
08/03/2015 08/03/15 For Rent $8,750 +9.4% --
11/22/2014 11/22/14 Rented $7,995 0.0% --
11/22/2014 11/22/14 Under Contract -- -- --
11/02/2014 11/02/14 For Rent $7,995 +15.9% --
07/21/2014 07/21/14 Rented $6,900 0.0% --
07/21/2014 07/21/14 Under Contract -- -- --
07/18/2014 07/18/14 For Rent $6,900 0.0% --
05/15/2014 05/15/14 Rented $6,900 0.0% --
05/15/2014 05/15/14 Under Contract -- -- --
02/08/2014 02/08/14 For Rent $6,900 -- --
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 $5,194 $419,896 $83,967 $335,929
2024 $5,194 $411,664 $82,321 $329,343
2023 $5,099 $403,593 $80,707 $322,886
2022 $4,869 $395,680 $79,125 $316,555
2021 $4,795 $387,923 $77,574 $310,349
2019 $4,654 $376,419 $75,274 $301,145
2018 $4,620 $369,040 $73,799 $295,241
2016 $4,400 $354,711 $70,934 $283,777
2015 $4,337 $349,384 $69,869 $279,515
2014 $4,357 $342,541 $68,501 $274,040
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-375358

The MLS

APN: 4294-007-062