NOT LISTED FOR SALE

5209 Ocean Front Walk Unit 301 Marina Del Rey, CA 90292

Estimated Value: $3,117,128 - $3,832,000

2 Beds
3 Baths
2,753 Sq Ft
$1,680/mo HOA Fee

Last Sold March 29, 2024

Last sale price $3,250,000 $1,181 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $20,478/month

79 Days on Market

Highlights

  • Ocean Front
  • Rooftop Deck
  • Gated Parking
  • Coeur D'Alene Avenue Elementary School Rated A-
  • All Bedrooms Downstairs
  • 0.21 Acre Lot

About This Home

As of March 2024

Don't miss this extraordinary opportunity to own a piece of coastal paradise! This exquisite penthouse condo, bathed in full southern exposure, offers a luxurious retreat unlike any other. Nestled along the breathtaking shoreline in Marina del Rey, it boasts an enviable location, providing a home and an unparalleled experience. Imagine waking up to the gentle caress of the sun and the mesmerizing vista of the Pacific Ocean stretching before you. This expansive beachfront haven features an open-concept living space, seamlessly connecting the living and dining areas. Large windows showcase panoramic ocean views, while natural light floods the interior, highlighting the sleek and modern design. Unwind in two generously sized bedrooms, each with its en-suite bathroom, ensuring privacy and convenience. But the true crown jewel awaits you on the rooftop. Ascend to your private 1,000 sq ft oasis and be captivated by unobstructed views of the sparkling ocean and the vibrant cityscape beyond. Whether it's a quiet morning coffee, a vibrant sunset cocktail hour, or a starlit dinner under the California sky, the expansive rooftop deck offers the perfect space for relaxation and entertainment. Immerse yourself in the vibrant energy of the beach at your doorstep, where the sand, surf, and city seamlessly converge, creating an unparalleled experience of beachfront living in the heart of Marina del Rey. This penthouse is more than just a home; it's a lifestyle. Don't miss this chance to make it yours!

Last Agent to Sell the Property

Paige Ogden

Pardee Properties License #02060052 Listed on: 12/26/2023

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Emma Russell

Pardee Properties License #02007330

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • West Facing Home
  • Gated Home

HOA Fees

  • $1,680 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Tandem Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 2,753 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Dry Bar
  • Two Story Ceilings
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Security Lights
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Sunken Shower or Bathtub
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Rooftop Deck

Listing and Financial Details

  • Assessor Parcel Number 4294-007-065

Community Details

Overview

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

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,158

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,680 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Essex House
  • Entry Floor: 3
  • Living Area: 2753
  • Lot Acreage: 0.2129
  • Planned Urban Dev: 0
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Dry Bar, Bar, Two Story Ceilings, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Appliances: Microwave
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, All Bedrooms Down
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Sunken Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Breakfast Area
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Fireplace: Yes
  • Price Per S Q F T: 1434.80

Exterior Features

  • Balcony: Yes
  • Direction Faces: West
  • Other Features: Balcony
  • Patio: Balcony, Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Catalina, City Lights, Coastline, Mountains
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Attached, Community Garage, Controlled Entrance, Gated Underground, Parking for Guests, Tandem, Assigned
  • Total Parking: 3

Utilities

  • Security: Card/Code Access, Exterior Security Lights, Carbon Monoxide Detector(s), Smoke Detector, Gated

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water, Earthquake Insurance, Water and Sewer Paid, Trash
  • HOA Fees: 1680.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4294-007-065
  • Lot Size Area: 9272

Multi Family

  • Number Of Units: 14

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Mar 11, 2024
Sold by
Degroot Susan Mary
Bought by
Mdr Strand Properties Llc
Seller's Agent
Paige Ogden
Pardee Properties
Buyer's Agent
Emma Russell
Pardee Properties
List Price
$4,400,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,150,000
-26.14%
Views
164
Current Estimated Value
$3,477,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,376
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Degroot Gerald R
Bought by
Degroot Susan Mary

Purchase Details

Closed on
Aug 6, 1998
Sold by
Degroot Mary M
Bought by
Degroot Gerald R and Bank Of America National Tr & Svgs Assn

Purchase Details

Closed on
Feb 3, 1998
Sold by
Degroot Mary M
Bought by
Degroot Mary M
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 Buyer Sale Price Title Company
Mdr Strand Properties Llc $3,250,000 Fidelity Title
Degroot Susan Mary -- North American Title Company
Degroot Gerald R -- Old Republic Title
Degroot Mary M -- Equity Title Company
Degroot Mary M -- Equity Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $3,250,000 -17.7% $1,181 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $3,950,000 +21.5% $1,435 / Sq Ft
02/07/2024 02/07/24 Price Changed $3,250,000 -5.8% $1,181 / Sq Ft
02/01/2024 02/01/24 Price Changed $3,450,000 -13.6% $1,253 / Sq Ft
01/17/2024 01/17/24 Price Changed $3,995,000 -4.9% $1,451 / Sq Ft
01/12/2024 01/12/24 Price Changed $4,200,000 -4.5% $1,526 / Sq Ft
12/26/2023 12/26/23 For Sale $4,400,000 -- $1,598 / 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 $7,158 $3,315,000 $2,809,284 $505,716
2024 $7,158 $572,927 $92,381 $480,546
2023 $7,025 $561,694 $90,570 $471,124
2022 $6,705 $550,682 $88,795 $461,887
2021 $6,607 $539,885 $87,054 $452,831
2020 $6,672 $534,350 $86,162 $448,188
2019 $6,411 $523,873 $84,473 $439,400
2018 $6,375 $513,602 $82,817 $430,785
2016 $6,074 $493,660 $79,602 $414,058
2015 $5,987 $486,246 $78,407 $407,839
2014 $6,011 $476,722 $76,872 $399,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-339041

The MLS

APN: 4294-007-065