by Kenneth Borgman

Check Availability
Listed by: Jesse Weinberg, Jesse Weinberg
$879,000
Condo - In Contract

4141 Glencoe Avenue #511

Marina Del Rey, CA 90292
bedrooms
1 Bed
bathrooms
2 Baths, 1 Half Bath
square feet
920 Sqft
$4,939
Est. Monthly
$622
HOA / Fees
4.30%
Cap Rate

About This Property

Experience a rare opportunity to own this incredible penthouse in the highly sought-after Element Lofts.  A meticulously designed community by Cunningham Architects. A true architectural masterpiece. One of the only pre-cast concrete buildings in Los Angeles. Located in the heart of the Marina Arts District, this stunning top-floor corner unit boasts two balconies with breathtaking views. Inside, you'll find chic industrial design elements throughout, including soaring ceilings with exposed steel beams, polished cement floors, and an expansive open-concept floor. The unique layout ensures privacy, and is perfect for both living and entertaining. The gourmet chef's kitchen features quartz countertops, Viking appliances, and leads to an adjacent dining area. The spacious living room is bathed in natural light thanks to floor-to-ceiling windows and stackable sliding doors, providing direct access to both balconies for a seamless indoor-outdoor flow. Relax in the cozy bedroom nook, complete with custom built-in closets and a luxurious en-suite bathroom featuring a dual vanity, and wet room with deep soaking tub, and separate shower. This unit also comes with the convenience of 2 side-by-side parking spaces, your own EV charger, in-unit laundry, and HVAC. Element Lofts offers an array of amenities, including a bike storage room, private gym, and a shared outdoor patio with gas BBQs and picnic tables. The secure intercom building features smart technology, allowing access via a smartphone app, key fob, or virtual keys for guests. Built in 2008, Element Lofts is one of the West Side's most exclusive and private condominium properties, with just 48 units and only 11 on the top floor, ensuring ultimate privacy.***Buyer is advised to independently verify accuracy of all information through professional inspection with appropriate professional******Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources.***
Unit Size
920Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$955
Property Type
Condo
Property Taxes
-
HOA Dues
$622
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 19 days ago (CRMLS #24443811)

Price History

Date / Event Date Event Price
Oct 15, 2024 In contract -
In contract
Oct 6, 2024 No longer available -
No longer available
Oct 2, 2024 Listed by Jesse Weinberg $879,000
Listed by Jesse Weinberg

Property Highlights

Parking Available
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Parking Features: Assigned, Controlled Entrance, Community Structure
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Half Bathrooms: 1
Levels: One
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer
Living Area Square Feet Source: Assessor
None
Exterior Details
Year Built: 2008
Parcel Number: 4230005150
Home Type: Residential
Spa Features: None
Pool Features: None
Lot Size Acres: 0.9043
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Fire Pit, Outdoor Cooking Area
Association Fee: $622
Association Fee Frequency: Monthly
Directions: Glencoe Ave between Washington & Maxella.

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
1 Bed
1 Bath
992 ft²
$1,023/ft²
$1,015,000 Nov 30, 2017
$1,015,000 Jan 17, 2018
$941/mo
Condo
1 Bed
2 Baths
1,080 ft²
$833/ft²
$900,000 Jul 28, 2024
$900,000 Sep 30, 2024
$496/mo
Condo
1 Bed
1 Bath
1,070 ft²
$783/ft²
$838,000 Dec 1, 2020
$838,000 Feb 1, 2021
$530/mo
Condo
2 Beds
2 Baths
965 ft²
$767/ft²
$740,000 May 29, 2024
$740,000 Aug 6, 2024
$400/mo
Condo
2 Beds
2 Baths
943 ft²
$785/ft²
$740,000 Jul 19, 2024
$740,000 Oct 7, 2024
$250/mo
Condo
2 Beds
1 Bath
780 ft²
$1,013/ft²
$790,000 Aug 5, 2024
$790,000 Sep 17, 2024
$510/mo
Condo
1 Bed
1 Bath
859 ft²
$1,077/ft²
$925,000 Jul 22, 2024
-
$1,086/mo
Condo
1 Bed
1 Bath
996 ft²
$852/ft²
$849,000 Oct 7, 2024
-
$1,115/mo
Condo
1 Bed
1 Bath
870 ft²
$1,010/ft²
$879,000 Jun 30, 2024
-
$1,105/mo
Condo
1 Bed
2 Baths
993 ft²
$774/ft²
$769,000 Sep 24, 2024
-
$1,114/mo
Condo
1 Bed
1 Bath
985 ft²
$852/ft²
$839,000 Jan 5, 2022
-
$1,002/mo
Condo
1 Bed
1 Bath
811 ft²
$1,030/ft²
$835,000 Oct 16, 2024
-
$1,076/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230630 Unit 512
06/30/2023
512
1 Bed
2 Bath
1560 ft²
$1,850,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1560 ft²
-
-
-
Tamra (Tami) Pardee
Pardee Properties
20220623 Unit 510
06/23/2022
510
Studio
2 Bath
910 ft²
$775,000
bedrooms
Studio
bathrooms
2 Bath
square feet
910 ft²
-
-
-
Tamra (Tami) Pardee
Pardee Properties
20210827 Unit 214
08/27/2021
214
Studio
2 Bath
1370 ft²
$949,000
bedrooms
Studio
bathrooms
2 Bath
square feet
1370 ft²
-
-
-
Rick Dergan
Keller Williams Realty
20210722 Unit 314
07/22/2021
314
2 Bed
2 Bath
1370 ft²
$1,039,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1370 ft²
$998,000 -3.95%
09/17/2021
Lisa K. Phillips
Lotus Estate Properties
20210621 Unit 501
06/21/2021
501
2 Bed
2 Bath
1660 ft²
$1,595,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1660 ft²
-
-
-
Christie Shaia
Gatehouse Properties
20201201 Unit 409
12/01/2020
409
1 Bed
1 Bath
1070 ft²
$848,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1070 ft²
$838,000 -1.18%
02/02/2021
Randi Wood
Douglas Elliman Real Estate
20200113 Unit 410
01/13/2020
410
1 Bed
2 Bath
1030 ft²
$859,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1030 ft²
-
-
-
-
20190909 Unit 411
09/09/2019
411
1 Bed
2 Bath
1220 ft²
$976,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1220 ft²
-
-
-
-
20190905 Unit 209
09/05/2019
209
1 Bed
1 Bath
1070 ft²
$869,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1070 ft²
$845,000 -2.76%
01/22/2020
Lisa K. Phillips
20190320 Unit 507
03/20/2019
507
1 Bed
1 Bath
1000 ft²
$899,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1000 ft²
-
-
-
-
20180619
06/19/2018
1 Bed
1 Bath
1110 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1110 ft²
-
-
-
-
20170708
07/08/2017
2 Bed
2 Bath
1540 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1540 ft²
-
-
-
-